Analysis

CEO recognised for role in conflict-free supply chain

29th March 2016
Joe Bush
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KEMET CEO Per Loof is being recognised for shaping supply chain excellence as a 2016 Top 100 Conflict Mineral Influence Leader by Assent Compliance. Loof is ranked as number three out of 100 nominees for advancing KEMET, a supplier of electronic components, to the forefront of sustainable, conflict-free tantalum mining.

KEMET began purchasing minerals from the Democratic Republic of Congo (DRC) only after Section 1502 of the Dodd-Frank Act was passed in 2010, and procedures for tracking source minerals were implemented. Since then, KEMET has taken a leading role in the sourcing of conflict-free tantalum ores from the DRC. This resulted in one of the electronics industry’s first comprehensive, socially and economically sustainable sourcing models based on tantalum ore from the DRC and culminated in the only closed pipe, vertically integrated conflict-free supply chain.

“KEMET has shown that it is possible to succeed in business while being economically and socially responsible,” stated Loof. “We believe our work can serve as a blueprint for responsible companies worldwide and demonstrate that solutions combining social sustainability and economic interests are not mutually exclusive. I am honoured to be part of such dedicated group of conflict minerals leaders, and I look forward to continuing my work, not just for KEMET, but for the people of the DRC.”

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