SSD obtains supplier certifications; reports no DRC-origin conflict minerals for 2024
Rhea-AI Filing Summary
Simpson Manufacturing Co., Inc. conducted a reasonable country-of-origin inquiry for the period January 1, 2024 to December 31, 2024 and determined that a small number of its products may require conflict minerals for functionality or production. The company does not source minerals directly from smelters or refineries and received conflict minerals through intermediaries.
The company contacted relevant suppliers, obtained certifications about the source of the minerals, and concluded in good faith that it has no reason to believe the minerals originated in the Covered Countries or that they came from non-recycled sources. Based on this RCOI, Simpson is not required to file a separate Conflict Minerals Report and has posted its disclosure on its investor website.
Positive
- Performed a reasonable country-of-origin inquiry (RCOI) covering January 1, 2024 to December 31, 2024
- Obtained supplier certifications confirming the reported sources of conflict minerals in the supply chain
- Concluded no reason to believe the minerals originated in Covered Countries or were non-recycled, so no separate Conflict Minerals Report is required
- Disclosure published online at the company investor website
Negative
- Some products rely on conflict minerals for functionality or production
- Company does not source directly from smelters or refineries and instead receives minerals through intermediaries
Insights
TL;DR: Compliance-focused disclosure; no evidence found that minerals originated in Covered Countries for 2024.
The Form SD shows Simpson performed a reasonable country-of-origin inquiry for 2024, identified a limited set of products that may contain conflict minerals, and obtained supplier certifications about mineral sources. The company explicitly states it does not source directly from smelters or refineries and received materials via intermediaries. The disclosed conclusion—that there is no reason to believe minerals originated in the Covered Countries or were non-recycled—means Simpson is not filing a separate Conflict Minerals Report for the period, reflecting procedural compliance with Rule 13p-1.
TL;DR: Governance process documented; supplier certifications obtained and disclosure published online.
Simpson documents an internal inquiry process and outreach to suppliers, and it obtained certifications regarding the origin of conflict minerals used in applicable products. The company publicly posted the disclosure and determined, based on its RCOI, that further reporting via a Conflict Minerals Report was not required for the covered period. These steps demonstrate adherence to the Rule 13p-1 disclosure framework as presented in the filing.