Conflict resources are natural resources extracted in a conflict zone and sold to perpetuate the fighting. There is both anecdotal and statistical evidence that belligerent accessibility to precious commodities can prolong conflicts (a "resource curse").The most prominent contemporary example is the eastern provinces of the Democratic Republic of the Congo, where various armies, rebel groups, and outside actors have profited from mining while contributing to violence and exploitation during wars in the region.
The most commonly mined conflict minerals (known as 3TGs)[ are cassiterite (for tin), wolframite (for tungsten), coltan (for tantalum), and gold ore, which are extracted from the Eastern Congo, and passed through a variety of intermediaries before being purchased by multinational electronics companies. These minerals are essential in the manufacture of a variety of devices, including consumer electronics.In an effort to reduce violence and human rights violations, the US Securities and Exchange Commission enacted disclosure requirements related to conflict minerals.
Microbiz Network India (MNI) is committed to respecting human rights in its supply chain and operations. We actively audit our vendors verifying that the product is free of conflict minerals. In support of this policy, MNI promises to:
• Cooperate with MNI’s suppliers to acquire due diligence information confirming that our supply chain is conflict free.
• Review documentation of supplier practices to confirm consistency with the Dodd-Frank Consumer Protection Act into law. Section 1502 of that act addresses the international trade and use of Conflict Minerals.
• Improve transparency of the implementation by reporting the progress of the program. For questions regarding the content or execution of this policy, please contact MNI via email at: email@example.com