Conflict minerals worry Everence [USA]
Author: Everence, Published on: 7 January 2013
Praxis Mutual Funds, advised by Everence Capital Management, is working to end violence in the conflict minerals industry...In the Democratic Republic of Congo, four minerals fuel illicit trade, civil war and forced labor — including child labor...Praxis is talking with major cellular service providers in the U.S. about the use of conflict minerals in cell phones. In an effort to end the conflict minerals industry, these discussions include talks about how the passage of the Dodd-Frank Act...can help companies find new ways to do business while also caring for global neighbors...Praxis believes the rules are fair and will help address a humanitarian crisis in the Congo. Praxis is calling for the legislation’s full implementation in the face of escalating violence in eastern Congo.