{"id":261760,"date":"2022-12-03T03:08:15","date_gmt":"2022-12-03T03:08:15","guid":{"rendered":"https:\/\/transact-tech.com\/service-and-support\/?page_id=261760"},"modified":"2024-02-16T21:30:22","modified_gmt":"2024-02-16T21:30:22","slug":"conflict-mineral-policy","status":"publish","type":"page","link":"https:\/\/transact-tech.com\/service-and-support\/conflict-mineral-policy\/","title":{"rendered":"Conflict Mineral Policy"},"content":{"rendered":"
[et_pb_section fb_built=”1″ _builder_version=”4.21.0″ _module_preset=”default” background_color=”#001133″ custom_margin=”0px||0px||false|false” custom_padding=”50px||60px||false|false” global_module=”263467″ saved_tabs=”all” global_colors_info=”{}”][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||true|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.21.0″ _dynamic_attributes=”content” _module_preset=”default” header_font=”Montserrat|700|||||||” header_text_align=”center” header_text_color=”#FFFFFF” header_font_size=”54px” custom_margin=”||12px|||” custom_padding=”||0px|||” header_font_size_tablet=”50px” header_font_size_phone=”42px” header_font_size_last_edited=”on|phone” global_colors_info=”{}”]@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF90aXRsZSIsInNldHRpbmdzIjp7ImJlZm9yZSI6IjxoMT4iLCJhZnRlciI6IjwvaDE+In19@[\/et_pb_text][dsm_breadcrumbs home_text=”Service & Support” show_home_icon=”off” align=”center” _builder_version=”4.21.0″ _module_preset=”default” items_text_color=”#c0ccd9″ separators_text_color=”#c0ccd9″ current_text_color=”#FFFFFF” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}”][\/dsm_breadcrumbs][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” background_color=”rgba(255,255,255,0.2)” max_width=”800px” custom_margin=”30px||0px||false|false” custom_padding=”8px|8px|8px|8px|true|true” border_radii=”on|36px|36px|36px|36px” border_width_all=”2px” border_color_all=”rgba(255,255,255,0.3)” locked=”off” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.21.0″ _module_preset=”default” global_colors_info=”{}”][et_pb_search placeholder=”Search Support” button_color=”rgba(255,255,255,0.3)” placeholder_color=”#c0ccd9″ module_class=”support-search” _builder_version=”4.24.0″ _module_preset=”default” form_field_background_color=”RGBA(255,255,255,0)” form_field_text_color=”gcid-58db3757-c801-480a-ba66-c6a48e5c7d8a” form_field_focus_text_color=”gcid-58db3757-c801-480a-ba66-c6a48e5c7d8a” button_text_color=”RGBA(255,255,255,0)” form_field_font=”Montserrat|500|||||||” background_color=”RGBA(255,255,255,0)” module_alignment=”center” custom_padding=”1em|1em|1em|1em|false|false” custom_css_button=”width: 45px;||height: 45px;||border-radius: 50%;” border_radii=”on|0px|0px|0px|0px” border_width_all=”0px” global_colors_info=”{%22gcid-58db3757-c801-480a-ba66-c6a48e5c7d8a%22:%91%22form_field_text_color%22,%22form_field_focus_text_color%22%93}”][\/et_pb_search][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.24.1″ _module_preset=”default” background_color=”gcid-58db3757-c801-480a-ba66-c6a48e5c7d8a” custom_margin=”0px||0px||true|false” custom_padding=”60px||60px||true|false” hover_enabled=”0″ global_colors_info=”{%22gcid-58db3757-c801-480a-ba66-c6a48e5c7d8a%22:%91%22background_color%22%93}” sticky_enabled=”0″][et_pb_row _builder_version=”4.21.0″ _module_preset=”default” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.18.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_text content_tablet=”<\/p>\n
” content_phone=”<\/p>\n
” content_last_edited=”on|phone” _builder_version=”4.23.2″ _module_preset=”default” header_font=”Montserrat|700|||||||” header_text_align=”left” header_2_text_align=”left” width_tablet=”” width_phone=”” width_last_edited=”on|phone” module_alignment=”center” global_colors_info=”{}”]<\/p>\n
[\/et_pb_text][et_pb_text _builder_version=”4.21.0″ _module_preset=”default” text_orientation=”left” width_tablet=”” width_phone=”” width_last_edited=”on|phone” module_alignment=”center” custom_margin=”35px||0px||false|false” custom_padding=”0px|0px|0px|0px|true|true” border_radii=”on|15px|15px|15px|15px” global_colors_info=”{}”]<\/p>\n
As a socially responsible company, TransAct Technologies is concerned for the well-being of people and communities. We conduct business fairly and ethically, respect human rights, comply with laws and regulations, and follow a rigorous Code of Conduct.<\/span><\/p>\n In August 2012, the United States Securities and Exchange Commission (SEC) approved the final rule regarding the sourcing of conflict minerals as defined in the Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 1502. Under this rule, publicly traded companies must report annually to the SEC the presence of \u201cconflict minerals\u201d originating from Central Africa in either the products they manufacture or contract to manufacture, or use in the production process. Conflict minerals are defined as tin, tungsten, tantalum and gold that are mined in Central Africa (the Democratic Republic of Congo (DRC) and nine adjoining countries: Republic of Congo, Central Africa Republic, South Sudan, Zambia, Angola, Tanzania, Burundi, Rwanda and Uganda).<\/span><\/p>\n TransAct will file the necessary documentation prior to the regulation deadlines. We have initiated a process that meets the Organization for Economic Co-operation and Development (OECD) framework to comply with this regulation. This includes establishing compliance requirements for our direct suppliers regarding conflict minerals, implementing controls and reporting, undertaking appropriate sourcing efforts, and providing our customers the data necessary to facilitate their SEC reporting.<\/span><\/p>\n TransAct will align its efforts to the practices established by industry peers \u2013 including the Electronics Industry Citizenship Coalition (EICC) and Global e-Sustainability Initiative (GeSI) \u2013 to enable companies to source conflict-free minerals.<\/span><\/p>\n Expectations for Suppliers: Suppliers are expected to adopt policies and management systems with respect to conflict minerals and to require their suppliers to adopt similar policies and systems. TransAct expects suppliers to establish their own due diligence program to ensure conflict-free supply chains.<\/p>\n In the event TransAct determines that a supplier\u2019s efforts to comply with this Policy have been deficient and the supplier fails to cooperate in developing and implementing reasonable remedial steps, TransAct reserves the right to take appropriate actions up to and including discontinuing purchases from the supplier.<\/p>\n Under the definition of \u201cDRC Conflict-Free,\u201d products supplied to TransAct:<\/p>\n
<\/strong>In support of TransAct\u2019s policy on conflict minerals, suppliers are expected to supply materials to TransAct that are \u201cDRC Conflict-Free\u201d. DRC includes the countries of Democratic Republic of Congo, Republic of Congo, Central Africa Republic, South Sudan, Zambia, Angola, Tanzania, Burundi, Rwanda and Uganda.<\/p>\n