Conflict Mineral Policy Statement
Travers fully supports our customers and suppliers efforts to comply with section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This section outlines the assessment and reporting requirements for issuers whose products contain conflict minerals. These minerals – tin, tantalum, tungsten and gold – are used in a wide range of products across numerous industries. They originate in the Democratic Republic of the Congo and adjoining countries whose mining or trade support groups violate serious human rights abuses within those regions.
As an industrial tool distributor, Travers distributes hundreds of thousands of products that are manufactured by thousands of other companies globally in which may be far removed from the source of the raw materials. We recognize the lack of well documented systems by product manufacturers to track Conflict Materials back to their source. Travers is committed to working with our supply chain to support the goals of the Dodd-Frank act and encourages our supply chain to follow these same policies.
Travers fully expects our supply chain to provide products that are conflict-free in compliance with Section 1502 of the Dodd-Frank Act. We also recommend to our suppliers practice of building systems that support the identification of products and minerals and their origin.
Travers on going efforts will include working with our supply chain towards improving the ability to track product and minerals to the source along with eliminating any products that are identified as non-compliant with Section 1502 of the Dodd Frank Act. Travers is committed to providing our customers with products that are sourced in a responsible way.