Conflict Minerals Policy
Integrity is one of Synopsys’ core values. We believe that running our business with integrity includes managing our supply chain in an ethical and socially responsible way.
Although we are primarily a software company, we also offer a limited number of hardware products. Like many companies in the semiconductor industry, we are concerned by reports that trade in minerals mined in the Democratic Republic of Congo and surrounding countries (the DRC region) may be funding violent militias that have committed atrocities in those countries. These minerals include tin, tungsten, tantalum, and gold, each of which is often used in semiconductors.
Synopsys supports industry-wide efforts to encourage responsible sourcing of minerals and transparency in supply chains, including efforts by the Electronics Industry Citizenship Coalition (EICC), which has established supply chain standards to promote social, ethical, and environmental responsibility. Furthermore, in 2012, the U.S. Securities and Exchange Commission (SEC) adopted rules under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act that require publicly-traded companies to disclose the use of conflict minerals originating from the DRC region in their products. The rules currently define “conflict minerals” as coltan, cassiterite, wolframite and gold, and their derivatives, which include tin, tantalum and tungsten.
Synopsys continues to fully comply with Section 1502 and the SEC rules, and we are committed to working with our direct suppliers to ensure transparency in our supply chain. We expect our direct suppliers to assist us in our ongoing compliance and due diligence efforts. We have implemented a conflict minerals due diligence program that is based on the Organization for Economic Cooperation and Development’s “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.” In support of EICC efforts to promote supply chain transparency, we use the reporting template created by the EICC and the Global e-Sustainability Initiative (GeSI) in conducting due diligence of our suppliers.
Form SD & Conflict Minerals Report