Investors Applaud DC District Court Decision to Uphold Conflict Minerals Rule and Dismiss Lawsuit
We applaud the decision taken by the DC District Court on July 23rd to uphold the implementing rules for Section 1502 of the Dodd-Frank Act and to dismiss the lawsuit …. See Statement>>>
Investors Show Support for Conflict Minerals Rule 1502
More than 50 sustainable, socially responsible, and faith-based investment groups representing $458.67 billion in assets under management released a statement today expressing their support for the SEC’s final rule for Conflict Mineral Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. They also reiterated their disagreement to the lawsuit filed against the Securities and Exchange Commission (SEC) by the U.S. Chamber of Commerce, the National Association of Manufacturers, and the Business Roundtable. See more on our Blog >>>
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 email@example.com.
Investors Write to Commisioners to Express Opposition to the Lawsuit
November 30, 2012
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 >>>
Investors Welcome SEC Rule on Conflict Minerals
August 23, 2012
Press release in response to the SEC 1502 final rule.
A Subset of Investors Submission
February 1, 2012
A letter to the SEC highlighting the most important components investors are looking for in Section 1502
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.
2010 Investor Statement Against Conflict Minerals
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.