WPG’S CONFLICT MINERALS STATEMENT
WPG Holdings Limited (“WPGH”) is the largest electronics distributor in Asia and the world with headquarters in Taipei, Taiwan (TSE:3702), which serves worldwide suppliers and customers globally through its sub-groups and subsidiaries.
WPGH together with its subsidiaries collectively refer to as “WPG”.
Find WPG subsidiaries: https://www.wpgholdings.com/branches/index/en
In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Act”) were signed into laws. According to Article 1502 of the Act, the U.S. Securities and Exchange Commission issued the "Rule 13p-1 under the Securities Exchange Act of 1934" (“Rule”) in August 2012. The Rule aims to solve the issue of human rights abuses related to mining operations in the Democratic Republic of the Congo (DRC), or an adjoining country (collectively, the "Conflict Region”). Minerals mined from these areas are called "3TG" including Tin (Sn), Tungsten (W), Tantalum (Ta) and Gold (Au).
As a distributor of semiconductor components, WPG complies with the Act passed by the US Congress and relevant rules of the Securities and Exchange Commission. Although we did not participate in the product manufacturing process, WPG have actively cooperated with upstream product suppliers and communicated our requirements for conflict minerals, hoping to encourage suppliers to manage and disclose conflict minerals information. WPG does not directly purchase any conflict minerals from any source and does not knowingly procure any product containing conflict minerals from the Conflict Region.
WPG has established conflict minerals regulations, dedicating efforts to avoid the use of conflict minerals in the products distributed, and to promote supply chain transparency and customer awareness through information disclosure. WPG conducts due diligence to ensure that our critical suppliers' products are conflict-free to fulfill corporate social responsibility, and we aim to create a sustainable electronic supply chain along with customers and suppliers. WPG will continue to conduct supply chain due diligence annually to meet supply chain management targets.
WPG's due diligence policy stipulates that WPG should undertake risk assessment for suppliers which shall consider whether the supplier is a member of RBA, whether the supplier established a Conflict Minerals Management Policy, whether the supplier carried out survey of the country of origin of the minerals, and whether the supplier conducted qualification survey for smelting plant, etc. Upon completion of the risk assessment, WPG should adopt various measures and strategies against the identified risks and disclose result of the due diligence in public information in order to realise WPG's commitment to support the use of legal and conflict-free minerals.
For more details relating to WPG’s sustainable management, pls see WPG CSR Area. https://www.wpgholdings.com/csr_area/info/en/message
Download : WPG Conflict Minerals Statement