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Tell the SEC to Keep the Conflict Minerals Regulations Strong

The Securities and Exchange Commission (SEC), a U.S. financial oversight body, has developed the first draft of reporting requirements for companies covered by the U.S. legislation on Congo's conflict minerals. Thanks to public action the proposed regulations incorporate points that we feel are essential to curbing the illicit trade in conflict minerals and ensuring our purchases do not contribute to a deadly war. But just as they did before, companies are actively calling for these rules to be watered down easing the reporting requirements placed on them, for example jewelry companies are asking for an exemption from the requirements all together. These draft regulations are open for public comments until March 2nd after which time they will be finalized as law.

A few months ago you helped us provide the SEC with over two thousand signatures and comments to voice how important it is for the legislation to deliver on its purpose: clean, transparent supply chains that facilitate a mining sector in Congo that benefits its people - and your voices were heard! Now as we enter the final stretch we need you to lend your voices once again to ensure the final rules remain strong.

Sign the petition below, and tell us in your own words why it matters to you. Then send this petition to as many people as you know so we can amplify the public voice even louder than before.

Citizen Petition to U.S. Securities and Exchange Commission Regarding Section 1502 of the Dodd-Frank Act

Honorable Commissioners:

As concerned consumers and constituents here in the United States, we applaud the U.S. Securities and Exchange Commission for its solid proposal to ensure that conflict minerals legislation deliver on its intended purpose: Clean and transparent supply chains that do not source minerals from conflict mines in eastern Congo or contribute to the ongoing violent conflict waged by armed groups in the region.

As you work to finalize these regulations we write to ask you to ensure the following essential points remain included in the final rules so that consumers can be confident that companies are conducting thorough checks and accurately disclosing critical information to the public about their supply chains:

  • 1. Supply chain checks by companies that are specific and verified. It is critical that the SEC specifically lay out the “Due Diligence” steps that companies take to check their supply chains.  If a company does not source from Congo, it should issue a detailed third-party audit report saying how it verified that information.  If a company does source from Congo, it should specifically report on the capacity of each mine it sources from, along with the weights and dates of individual mineral shipments and the taxes paid to the government or armed groups. This report should be independently audited and all information should be available to the public. “Business confidentiality” is a valid argument for not disclosing the price paid for minerals, but not for this information; it is essential to curb smuggling and does not harm companies’ competitive interests.

  • 2. Equal reporting standards for all four minerals. While the 3 T’s (tin, tungsten, tantalum) and gold are unique, different reporting standards only weaken the regulations and create the possibility of loopholes. Furthermore, numerous companies from the electronics to jewelry industries have confirmed that it is reasonable and possible to secure disclosure on each of these supply chains.

  • 3. All manufacturing companies must be included. Within the legislation passed, Congress intended for all manufacturing companies which use minerals in their products, regardless of how small the percentage or what label they manufacture under to be required to trace and disclose information on their supply chains. This intention must be delivered on through comprehensive regulations.

It is vitally important that companies at minimum undertake the steps above to ensure transparency in the minerals supply chain.  As consumers and investors, we believe these steps, most of which already have the support of the United Nations Security Council and the Organization for Economic Cooperation and Development, are the only way to ensure a transparent system that will give consumers and investors the choice not to support violent conflict in eastern Congo.

This petition is no longer active.
1-25 of 6796 signatures
Number Date Name Tell us in your own words ...
6796 Tue Apr 19 10:31:28 EDT 2011 Jennifer Sturm
6795 Sun Apr 17 19:36:39 EDT 2011 Chris Clarke If we have the money to go to Libya, we have the money to write strong regs and enforce them. We have the will, as consumers to buy only only from people doing the right thing as human beings.
6794 Mon Apr 11 10:44:34 EDT 2011 ShaKira Burrowes I cannot live my life in America knowing that there are products being bought, sold, imported and exported that are funding or created in the middle of such heinous acts and conflict. Can we truly be More....
6793 Mon Mar 28 01:31:53 EDT 2011 Carol Lynn Wenz
6792 Sat Mar 05 16:03:49 EST 2011 Daniel Brawley I think we should all be aware of the conditions in which the minerals used in our electronics products are extracted. I would be willing to pay extra to ensure that they are mined in a fair and appropriate More....
6791 Fri Feb 25 13:04:22 EST 2011 Anonymous I don't want the gadgets which make my life easier to be the cause of horrible suffering of others.
6790 Tue Feb 22 18:43:55 EST 2011 Anonymous
6789 Tue Feb 22 02:29:02 EST 2011 E Tran Now that the conflict is known, how can we stand by and allow this to continue? Nothing is worth the lives of innocent individuals.
6788 Sun Feb 20 14:48:12 EST 2011 John D. W. Cassada III I don't want my government to support, condone or tolerate injustice at the hands of our businesses. I want the people who provide for me to be provided for.
6787 Sun Feb 20 05:17:51 EST 2011 Scott Heinze
6786 Sun Feb 20 05:17:19 EST 2011 Scott Heinze
6785 Sat Feb 19 15:42:44 EST 2011 Albina Magerl I am the World. and The World is me. Enough of inequality , abuse, murder and rape. Congo is the proof that global politics and economy has failed. I come from Bosnia , the women of my home country have More....
6784 Thu Feb 17 17:36:49 EST 2011 Anonymous
6783 Tue Feb 08 13:23:57 EST 2011 a james
6782 Mon Feb 07 20:52:33 EST 2011 Anonymous
6781 Mon Feb 07 11:31:36 EST 2011 Alexandra Gruskos
6780 Mon Feb 07 08:49:23 EST 2011 Bettina Bowers Schwan
6779 Mon Feb 07 02:39:13 EST 2011 Rosemary Jacob I have heard of the rape and violence happening in DR Congo fuelled by the warlords profiting from the minerals. Any man who cares at all for other people should not accept this and should reject such More....
6778 Sun Feb 06 18:59:45 EST 2011 Anonymous
6777 Sun Feb 06 01:39:44 EST 2011 Anonymous
6776 Sun Feb 06 00:03:53 EST 2011 Janice Gintzler Conflict minerals make somebody rich, but enslave the local populace who work in the mines, and local women are subject to rape with military instruments.

Take off the jewelry; you are more More....
6775 Sat Feb 05 23:28:02 EST 2011 John DiLeo I refuse to indirectly cause anyone to be murdered, raped or orphaned. I haven't bought any product that contains one of the 3 T's or gold since I learned about the existence of conflict minerals. When More....
6774 Sat Feb 05 22:03:54 EST 2011 Lisa Jansen We need to ensure that our jewelry and electronics are not funding the organizations that have used rape as a weapon of war against the women of the Congo.
6773 Sat Feb 05 21:01:36 EST 2011 Joel Trupin African conflicts must not be financed by western corporations.
6772 Sat Feb 05 19:01:26 EST 2011 Anonymous
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