Investor Network Against Conflict Minerals from the Congo

 

Starting in 2009 sustainable and responsible investors (SRIs) started to take a deeper interest in how the companies in their portfolios could impact the ongoing conflict in the Democratic Republic of the Congo (DRC). To express their commitment, SRIs initially issued an Investor Statement in January 2010 calling on companies to be more proactive in ensuring the minerals in their electronics components are not fueling the war in the DRC. There are currently 83 investors who have signed the Investor Statement.  And the group issued a press release in 2010.

 

Investor Statement Taking Signatures 

The Investor Statement is still taking signatures and will be updated every few months. If you are an investor and want to sign the statement, please email info@sourcingnetwork.org. 

Monthly Investor Call 

RSN hosts a monthly conference call for investors interested in conflict minerals and engaging companies on their activities to promote conflict-free minerals from the DRC. If you are interested in participating in the monthly call, please send an email to info@sourcingnetwork.org.

Investors Write to Commisioners to Express Opposition to the Lawsuit

Investors express opposition to the lawsuit filed against the Securities and Exchange Commission regarding Section 1502 of the Dodd-Frank Act on Conflict Minerals.  Read letter >>>

SRI Submissions to the SEC

SRIs and faith-based investors have played an on-going role in the legislative activity and value chain initiatives involving conflict minerals. Regarding Section 1502 of the Dodd-Frank Act, investors submitted three recommendations to the Security and Exchange Commission (SEC), several met with the SEC staff and commissioners in person in 2011 and 2012, a few participated in the SEC Roundtable on Conflict Minerals in October 2011, and many signed on to the multi-stakeholder groups letters to the SEC.   

Signed by 49 socially responsible investors (SRI) each, shareholders made detailed recommendations to the SEC regarding how companies should file their Conflict Minerals Reports and which companies should file.

SRI - November 2010

http://www.sec.gov/comments/df-title-xv/specialized-disclosures/specializeddisclosures-54.htm

SRI - March 2011

http://www.sec.gov/comments/s7-40-10/s74010-158.pdf

A Subset of Investors Submission

February 1, 2012

Another Letter to the SEC Highlighting the Most Important Components Investors Are Looking for in Section 1502

http://www.sec.gov/comments/s7-40-10/s74010-475.pdf