Investor Action 

RSN has been coordinating investor action on conflict minerals and greater transparency since 2009. If you would like to be updated on our activities or sign our statements when opportunities arise, please contact us at info@sourcingnetwork.org.   

Investors Urge the US Securities & Exchange Commission (SEC) and Administration to Continue Robust Implementation of Dodd-Frank (Section 1502) Conflict Minerals Rule

Boston, MA – March 7, 2017 – A coalition of 127 investors representing over $4.8 trillion in assets under management have called on the U.S. Securities & Exchange Commission (SEC) and the current Administration to continue the comprehensive implementation of Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Securities and Exchange Commission’s Conflict Minerals Rule.
See Statement >>>


Global Investors Urge European Parliament to Adopt Stronger EU Conflict Minerals Legislation

As a group of global sustainable and responsible investors and investment organizations, the undersigned are very disappointed by the recent regulation proposed by the European Parliament’s International Trade Committee (INTA) related to the responsible sourcing of minerals. We call on the European Parliament to strengthen this position during the upcoming final vote on 20 May by requiring conflict mineral due diligence for all companies placing conflict minerals on the European market, in raw form or embedded in products. See Press Release>>>

Investors Reiterate Support to Congressional Hearing

On November 17, 2015 Congress held an adversarial hearing to review Section 1502, on Conflict Minerals, of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Responsible Sourcing Network brought investors together to restate their support for the law and its importance to the SRI investor community, which was cited in the hearing. See Statement >>> 

Investors Call for Robust European Conflict Minerals Legislation

On May 13, 2015, 23 global, sustainable and responsible investors and investment organizations came together to urge Members of the European Parliament to seize the opportunity of their upcoming vote to adopt robust conflict minerals regulations for the European Union. See Statement >>>

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 >>>

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.

Investors Welcome SEC Rule on Conflict Minerals_20120823.pdf 08/23/12 

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

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

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.

March 2011

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

November 2010

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

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.