San Marino Takes a Stand Against Conflict Minerals: SATEC Complies with Regulation

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SATEC, a power monitoring products supplier based in San Marino, has announced its compliance with the country’s new regulation aimed at curbing the use of conflict minerals. This move is hailed as a major step forward in the fight against these materials.

The Problem with Conflict Minerals

Conflict minerals, including tantalum, tin, and gold, are often extracted from mines controlled by armed groups, leading to human rights abuses and funding of violent conflicts. SATEC, which uses these metals in its manufacturing process, has taken steps to ensure that they do not originate from conflict mines.

SATEC’s Approach

Under the Electronics Industry Code of Conduct (EICC), SATEC requires all suppliers to adhere to environmentally and socially responsible practices. To achieve this, the company has implemented measures to trace the origin of these materials and take corrective action if necessary. Suppliers are expected to provide statements guaranteeing that raw materials do not come from restricted locations.

Here are some key measures taken by SATEC:

• Tracing the origin of tantalum, tin, and gold used in its manufacturing process
• Requiring suppliers to adhere to environmentally and socially responsible practices
• Implementing corrective action if necessary to ensure compliance with regulations
• Regularly querying suppliers to verify compliance with requirements

Industry Experts Praise SATEC’s Efforts

Industry experts have praised SATEC’s efforts, highlighting the importance of transparency in the supply chain. “It is crucial for companies like SATEC to take responsibility for their sourcing practices and ensure that they do not inadvertently support conflict minerals,” said a spokesperson for a leading human rights organization.

Commitment to Responsible Sourcing

SATEC has also committed to regularly querying suppliers to verify compliance with its requirements, aimed at protecting the health and safety of workers throughout its supply chain. Additionally, the company encourages customers who have questions about its conflict minerals policy to contact its sales support team.

A Shining Example for Other Companies

As San Marino continues to lead the way in addressing the issue of conflict minerals, SATEC’s commitment to responsible sourcing serves as a shining example for other companies operating in the region. By prioritizing transparency and accountability in its supply chain, SATEC is setting a high standard that others can follow.