The US-American Dodd-Frank Act requires US listed companies to report the usage of specific raw materials that come from the Democratic Republic of Congo and its neighboring countries. Conflict minerals are gold, tin, tungsten and tantalum as well as their derivate. German companies, in particular, may be affected by this ruling, if they supply such products (e.g. electronic goods) to US companies.
Woco's requirement for conflict free deliveries as well as the obligation on suppliers to provide the information upon Woco request, serves as the basis of the creation of the annual Conflict Minerals Report. It explains if and in which form Conflict Minerals are used in the company's products.
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