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The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into law in the United States in 2010. Article 1502 of this act obliges companies with securities registered in the US that use any conflict minerals in their products to report this to the US Securities and Exchange Commission (SEC).
Conflict minerals include columbite-tantalite, cassiterite, gold, and wolframite, the four minerals determined to be financing conflicts that are produced in the Democratic Republic of Congo (the "DRC") and adjoining countries (together the "DRC countries"). The goal of this law is to cut off revenues from armed groups that use violence and violate human rights in the conflict-ridden DRC countries. Hitachi Channel Solutions is committed to responsible procurement practices and has no intention, directly or indirectly, of abetting the human rights violations identified in the DRC countries. Accordingly, we are working with Hitachi, Hitachi Group companies, suppliers, and the industry association JEITA to boost supply chain transparency and to ensure that the minerals we procure do not finance or benefit armed groups committing human rights violations.