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ABB strives to be a good corporate citizen. We are committed to ensuring the health, safety and protection of people who come into contact with our products and business. We require high social, environmental and human rights standards among our suppliers. Managing our obligations in relation to Conflict Minerals is a part of this corporate responsibility.
ABB is committed to:
In addition, we are committed to engaging with our customers regarding their disclosure obligations.
In August 2012, the United States Securities and Exchange Commission (SEC) issued its final rules regarding Conflict Minerals (known as ‘3TG’ – Tantalum, Tin, Tungsten and Gold) as defined in and required by section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Act). As a result, many companies are now focusing on whether and to what extent their products contain Conflict Minerals and whether such Conflict Minerals come from the Democratic Republic of Congo and the adjoining countries named in the Act.
In working towards these commitments, we have taken a number of steps that include:
Like many other companies tracing Conflict Minerals, it will take time for a company of our size and complexity to collect the information needed for us to fully understand our use of Conflict Minerals and therefore be able to address all related customer concerns.