Cree, Inc. Conflict Minerals Policy
Cree offers a diverse portfolio of products which are manufactured with inputs provided by thousands of suppliers, all of which make up Cree’s complex global supply chain. At Cree, we strive to act in an environmentally and socially responsible manner that complies with applicable laws and meets the needs of our customers and shareholders.
Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), among other things, obligates regulated companies like Cree to report their use of tin, tantalum, tungsten, and gold (“Conflict Minerals”) extracted in the Democratic Republic of Congo and adjoining countries (“DRC region”). Cree supports the stated goal of the Dodd-Frank Act of preventing armed groups in the DRC region from profiting from the sale of Conflict Minerals. Cree is concerned with the use of these Conflict Minerals and supports efforts to source responsibly and to increase supply chain transparency. Greater transparency is available through audit and certification initiatives such as the Conflict Free Smelter Initiative (CFSI) program.
Cree is focused on the ethical sourcing of minerals used in our products and is committed to complying with the Dodd-Frank Act requirements. Cree continues to assess, with input from our suppliers, whether our products contain Conflict Minerals derived from sources which have been identified as "Conflict-Free."
Cree expects its suppliers to develop internal Conflict Mineral policies, due diligence frameworks, and management systems that meet the minimum requirements of the OECD guidelines. Suppliers’ Conflict Minerals programs must be designed to identify and eliminate from use in products sold to Cree any Conflict Minerals which are known to come from sources funding armed groups in the DRC region. Cree is committed to working with its suppliers on ways in which they can increase the transparency regarding the origin of these minerals contained in products sold to Cree. In order to further enhance transparency, Cree requires its direct suppliers to source Conflict Minerals from smelters and refiners whose due diligence practices have been validated by an independent third party audit program, such as the CFSI or a mutually agreed equivalent.
Cree fully expects our suppliers to cooperate with us and to provide information to support these efforts, even if the supplier is not directly subject to the Dodd-Frank Act. Any Cree suppler that does not provide us complete and accurate information in an acceptable format for the applicable reporting period or that provides material from sources known to fund armed groups in the DRC region will be required to implement corrective action measures. Suppliers that do not reasonably comply with Cree’s Conflict Mineral Policy will be reviewed by Cree’s supply chain management to assess whether Cree will conduct business with those suppliers in the future.
As required by Section 1502 of the Dodd-Frank Act, Cree has filed the following documents with the Securities and Exchange Commission detailing our efforts to determine the chain of custody and origin of the Conflict Minerals used in the products manufactured by or for Cree in calendar year 2015:
Please contact Cree for any feedback on the information provided on this page.