Conflict Mineral Policy

Policy

Background

In August 2012, the U.S. Securities and Exchange Commission (SEC) adopted rules requiring publicly traded companies to make certain disclosures related to the inclusion of "conflict minerals" in their products. The SEC defines conflict minerals as tin, tantalum, tungsten and gold (called the 3TG's). The SEC focused on the 3TG's because they determined that these minerals may directly or indirectly support civil violence or human rights abuses in the Democratic Republic of the Congo or adjoining countries.

Intuit's Commitment

Intuit is committed to ethical business conduct and the responsible sourcing of materials through its global supply chain, and we actively monitor our supply chain to work towards ensuring that conflict minerals are not used in the manufacture of our products.

Intuit is a member of the Electronics Industry Citizenship Coalition (EICC) and has developed procedures consistent with the EICC recommendations for responsible sourcing of conflict minerals, as set forth in the Organisation for Economic Co-operation and Development (OECD) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. Intuit also has implemented the best practices that are relevant to our supply chain that have been developed by EICC - Global e-Sustainability Initiative (GeSI) Conflict-Free Sourcing Initiative.

To learn more about the EICC- GeSI Conflict-Free Sourcing Initiative visit http://www.conflictfreesmelter.org/cfshome.htm/

We will submit our required disclosures to the SEC commencing in June 2014, and these reports will also be available on our website.

Intuit's Expectations of Our Suppliers

As part of our commitment to a conflict mineral free supply chain, Intuit expects that our suppliers will:

  • Adopt conflict free minerals policies. Suppliers must adopt a policy regarding conflict minerals that facilitates compliance with Intuit's policies, implement management systems to support compliance with these policies and require their suppliers to take the same steps.
  • Collect information (including the completion of the industry established reporting template developed by the EICC) from their suppliers regarding the source and chain of custody of any conflict minerals in supplied materials, and cooperate with Intuit customer inquiries regarding conflict minerals in supplied materials. Suppliers must pass down conflict minerals inquiries through the levels of the supply chain to the smelter level.
  • Actively work to transition away from suppliers who cannot certify that their supplied materials are conflict free to suppliers who can make such a certification about all of the supplied material.

Disclosure Reports