Corporate
Social responsibility

DODD-FRANK / CONFLICT MINERALS

The Dodd-Frank Act is a United States federal law, enacted on July 21st, 2010 following the global financial crisis of 2007-2008. Section 1502 of the act states that companies with securities registered in the US must declare the source of tin, tantalum, tungsten and gold in their products. For minerals originating in the Democratic Republic of Congo (DR Congo) or adjoining countries, a detailed report including an external audit must be submitted. This law prompted industrial groups to initiate innovative “conflict-free” programmes.

Metalor’s policy has always been to adhere to a strict code of ethics, to comply with all prevailing legislation, and to work only with likeminded companies.

Metalor has imposed a complete ban on minerals from DR Congo and neighbouring countries, as well as from other countries subject to international sanctions