Greenville, S.C. -- KEMET Corporation (NYSE: KEM), a leading global supplier of electronic components, is one of only six companies to submit a conflict minerals disclosure report to an external audit so far according to an August 3 Wall Street Journal article.
Since 2010, KEMET has taken a leading role in a project that focused on the sourcing of conflict-free tantalum ores from the Democratic Republic of Congo (DRC). This resulted in one of the electronics industry's first comprehensive, socially and economically sustainable sourcing models based on tantalum ore from the DRC and culminated in the only closed pipe, vertically integrated conflict-free supply chain.
"As one of the largest producers of tantalum capacitors, KEMET is proud of the positive, lasting impact we are making as we work to overcome the issues that perpetuate conflict and empower the DRC's mineworkers, their families and communities," said Per Loof, KEMET Chief Executive Officer. "We believe KEMET's innovative Partnership for Social and Economic Sustainability program can serve as a blueprint for responsible companies worldwide and demonstrate that solutions combining socially sustainability and economic interests are not mutually exclusive."
As outlined in the May 2015 conflict minerals disclosure, KEMET can describe its tantalum surface mount (MnO2), tantalum polymer surface mount (KO), ceramic surface mount and electrolytic non-surface mount capacitors as conflict-free. In the previous May 2014 conflict minerals disclosure, KEMET's report was the only independently audited report to have been filed with the SEC by a capacitor manufacturer.
For more information, please visit www.kemet.com/conflictfree.