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This Specialized Disclosure Report by Universal Biosensors outlines compliance with SEC\'s Conflict Minerals rule, detailing gold sourcing practices for 2021.
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Form SD is a report that is required under the Dodd-Frank Wall Street Reform and Consumer Protection Act for certain companies to disclose their use of conflict minerals that are sourced from specific regions.
Publicly traded companies that manufacture or contract to manufacture products and that may use conflict minerals sourced from the Democratic Republic of the Congo or adjoining countries are required to file Form SD.
To fill out Form SD, companies must provide information about the conflict minerals used in their products, the sources of those minerals, and the due diligence processes used to determine the origin of the minerals. Detailed guidance can be found in the SEC's instructions for Form SD.
The purpose of Form SD is to promote transparency in the sourcing of conflict minerals and to help consumers make informed choices regarding products that may be linked to human rights abuses and conflict.
Companies must report information regarding the use of conflict minerals, the country of origin of those minerals, the facilities used to process the minerals, and a description of the due diligence measures undertaken to ensure the minerals are not sourced from conflict zones.
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