Conflict Mineral Policy
Statement concerning the use of “conflict minerals” regarding article 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank-Act)
Karl Kruse GmbH & Co KG is aware of and concerned by reports that profits from the sale of certain metals mined in the Democratic Republic of the Congo (DRC) or adjoining countries have helped fuel war and human rights violations in the eastern Congo. Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act imposes new supply chain reporting requirements on U.S. publicly traded companies to promote transparency and consumer awareness regarding the use of “conflict minerals” (tantalum, tin, gold and tungsten, or “3TG”) that directly or indirectly finance or benefit armed groups in that region.
Karl Kruse GmbH & CO KG is an authorized distributor without development, production or our own manufacturing facilities we cannot carry out any material declarations on our behalf. We are neither an US American nor a listed company we are not per se subject to the article 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank-Act). The Dodd-Frank-Act especially refers to tin, tantalum, wolfram, tungsten, gold and its derivatives, mined in the Democratic Republic of Congo or is neighbor countries.
Karl Kruse is fully aware of U.S. Congress HR 4173, specifically with regard to section 1502-Conflict Minerals.
Karl Kruse GmbH & CO KG knows about its social responsibility regarding health, environment, health, human rights and occupational safety. Hence, we are constantly in touch with our contract manufacturers in order to make sure that the manufactured products of our range of goods chime with all of the relevant legal regulations.
We are in possession of all of our manufacturers statements concerning the Dodd-Franck Act (DFA) Section 1502. Our contract manufacturers do not use, either directly or indirectly, conflict minerals originated from the Democratic Republic of Congo or its neighbor countries, according to current information.
As a Distributor we have no influence on the origin of the minerals being used by our supplier. We cannot testify whether conflict materials have been used within auxiliary or process materials Therefore, we cannot give any guarantee. However, we can give guarantee that we do not directly import any conflict minerals or minerals.
Please sympathize that we cannot fill in any special questionnaires.
We will offer you an alternative product with a different origin if we have any information about a product containing conflict minerals and we will withdraw it from our program.
We continue to monitor the ongoing SEC developments and are committed to helping our customers comply with all reporting requirements, where applicable.
LEGAL INFORMATION