Política sobre Minerales de Conflicto
LP is committed to the highest level of legal and ethical standards in conducting our business around the world. As part of this commitment, we take steps to ensure compliance with Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Act"), which is intended to prevent the use of certain "conflict minerals" that directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo (the "DRC") and adjoining countries (as defined in the Act).
The term "conflict minerals" refers to gold, tin, tantalum and tungsten, and the ores from which they are derived, regardless of where they are sourced, processed or sold. The Act requires manufacturers like LP to file certain reports with the United States Securities and Exchange Commission to disclose whether the products they manufacture or contract to manufacture contain conflict minerals that are "necessary to the functionality or production" of those products.
POLICY
LP supports the goal of ending violent conflict, human rights violations and environmental devastation in the DRC and adjoining countries, and LP is committed to avoiding the use of conflict minerals in LP products that either directly or indirectly contribute to such issues. LP does not directly purchase conflict minerals from the DRC or adjoining countries, and we expect all of our suppliers to procure, whether directly or indirectly, any designated minerals from socially responsible sources other than the DRC or adjoining countries.
LP recognizes that tracing the origin and chain of custody of any conflict minerals contained in LP products is a complex process that requires cooperation and support from LP's direct and indirect suppliers. LP maintains certain conflict minerals due diligence procedures based on guidelines published by internationally recognized organizations such as the Responsible Minerals Initiative. Such procedures are focused on assessing and mitigating risks related to conflict minerals in the supply chain. LP expects its suppliers to participate fully in any conflict minerals due diligence assessment carried out by LP, and LP reserves the right to request from any supplier at any time such information, documentation, declarations or certifications as LP deems necessary to monitor or assess compliance with this Conflict Minerals Policy.
Any LP supplier found to be in violation of this Conflict Minerals Policy may be required to promptly implement an appropriate remediation plan. LP reserves the right to conduct ongoing audit procedures to assess supplier business practices and supply chains, and to confirm supplier adherence to this Conflict Minerals Policy. Any continued noncompliance with this Conflict Minerals Policy or refusal to implement remedial actions required to address concerns raised by LP may ultimately lead to termination of the supplier relationship.