Corporate Social Responsibility/Conflict Minerals Policy
Xandex, Inc. strives to meet the highest standards of business ethics and corporate governance. We actively promote human rights and protection of the natural environment; we support the communities we impact.
We are committed to sourcing components and materials from companies that share our values around human rights, business ethics and environmental responsibility. We expect all our suppliers to abide by the requirements of Responsible Business Alliance Code of Conduct, which prohibits human rights abuses and unethical practices. We also require all suppliers to comply with applicable legal standards and requirements.
On August 22, 2012, the U.S. Securities and Exchange Commission (“SEC”) issued the final conflict minerals rule under Section 1502 the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Conflict Minerals Rule”). The Conflict Minerals Rule requires publicly traded companies to report annually the presence of conflict minerals (tin, tungsten, tantalum and gold, or “3TG”) originating in the Democratic Republic of the Congo or adjoining countries (“Covered Countries”).
Although Xandex, as a private company, is exempt from the Dodd-Frank Conflict Minerals Rule, we support the goal of ending violence, human rights violations and environmental devastation in the Covered Countries and are committed to sourcing 3TG from sources other than the Covered Countries.
Xandex will assist our customers in implementing their conflict minerals programs. We strive to work cooperatively with our customers and supply chain partners in implementing our conflict minerals compliance program.
Xandex requires all our suppliers to provide us with completed conflict minerals declarations using the Conflict Minerals Reporting Template and will consider disqualifying suppliers that fail to comply with this Policy.