Policy Statement - Regarding Conflict Minerals
Moog has taken note of the increased worldwide awareness of violence and human rights violations occurring in the Democratic Republic of the Congo and adjoining countries and the recognition by the U.S. Government that armed conflicts resulting in these violations is being funded directly or indirectly by the mining and sale of certain minerals in this region of the world. These minerals, referred to as “conflict minerals,” include columbite-tantalite, cassiterite, gold, and, wolframite and their derivatives, which are tin, tantalum, tungsten (3TG). In response, Section 1502 of the Dodd‐Frank Act, adopted in 2010, requires publicly traded manufacturing companies, including Moog, to report on the use of conflict minerals originating from the DRC and its neighboring countries. Moog has developed strong due diligence measures that adhere to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas 2nd Edition.
Consistent with our legal obligations and in furtherance of our desire to be a responsible corporate citizen:
- We will endeavor to work with our suppliers and customers to exclude from our product supply chain the use of conflict minerals that aid or benefit the armed groups in the DRC or adjoining countries.
- We will identify and monitor the use of conflict minerals in our products and supply chain, including the implementation of due diligence activities as are advisable to comply with applicable reporting obligations.
- We will comply with reporting and conflict mineral use mandates applicable to the company under the Securities Exchange Act and other applicable laws and regulations.