U.S. Congress enacted section 1502 of the Dodd-Frank Act that addresses the concern that the exploitation and trade of conflict minerals by armed groups is helping to finance conflict in the Democratic Republic of Congo (DRC) region. The DRC region consists of: The Democratic Republic of Congo, Angola, Burundi, The Central African Republic, The Republic of Congo, Rwanda, South Sudan, Tanzania, Uganda and Zambia. The United States Securities and Exchange Commission (SEC) requires a company to disclose the use of conflict minerals (Gold, Tin, Tungsten and Tantalum) if they are used in products manufactured by that company (Conflict Mineral Rules).
Philip Morris International takes its obligations under SEC and other regulations seriously and is committed to comply with both the letter and spirit of the Conflict Minerals Rules. To the extent possible, Philip Morris International will refrain from, directly or indirectly, taking or supporting any action which contributes to the financing of armed groups that are committing human rights abuses in the DRC and other covered countries. Philip Morris International will:
- not knowingly procure Gold, Tin, Tungsten and Tantalum that originates from the DRC region, unless it is certified as “conflict free”; and
- ask its suppliers to undertake reasonable due diligence with their supply chains to assure that they do not knowingly procure Gold, Tin, Tungsten and Tantalum that originates from the DRC region unless it is “conflict free”.