We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Armstrong World Industries Inc | NYSE:AWI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.05 | 0.92% | 115.17 | 115.77 | 113.63 | 115.26 | 466,178 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM SD
SPECIALIZED DISCLOSURE REPORT
ARMSTRONG WORLD INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania | 1-2116 | 23-0366390 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission file number) |
(I.R.S. Employer Identification No.) |
2500 Columbia Avenue, Lancaster, Pennsylvania | 17603 | |
(Address of principal executive offices) | (Zip Code) |
David S. Schulz (717) 397-0611
(Name and telephone number, including area code, of person to contact in connection with this report)
Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:
x | Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2014. |
SECTION 1 CONFLICT MINERALS DISCLOSURE
Item 1.01 Conflict Minerals Disclosure and Report
This Form SD of Armstrong World Industries, Inc. (AWI) is filed pursuant to Rule 13p-1 (the Rule) promulgated under the Securities Exchange Act of 1934, as amended, for the year ended December 31, 2014. When we refer to we, our and us in this document, we are referring to AWI and its subsidiaries.
For the purposes of the Rule and this report, Conflict Minerals are columbite-tantalite (coltan), cassiterite, gold, and wolframite, including their derivatives, which are limited to tantalum, tin, and tungsten. The Covered Countries referred to in this report are the Democratic Republic of the Congo (the DRC) and countries that share an internationally recognized border with the DRC (the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia, and Angola).
Our in-house subject matter experts assessed our products to identify whether any Conflict Minerals were necessary to the functionality or production of any of our products. We identified tin as the only Conflict Mineral that was necessary to such functionality or production. We conducted a good faith reasonable country of origin inquiry (RCOI) by surveying any supplier who may supply us materials containing tin, to determine whether the tin originated in the Covered Countries and whether any of the tin may be from recycled or scrap sources.
The survey was based on a variation of the EICC/GeSI Conflict Minerals Reporting Template. All responses were reviewed in detail. If the tin was found to be from recycled or scrap materials, we considered our products containing such materials to be DRC conflict free. We followed up as necessary by conducting due diligence on any supplier using tin where the tin was not from recycled or scrap sources.
See our Conflict Minerals Report for details related to our RCOI and due diligence procedures for Conflict Minerals where we concluded that our products containing Conflict minerals are DRC conflict undeterminable.
A copy of our Conflict Minerals Report is provided as Exhibit 1.01 to this Form SD, and is publicly available at www.armstrong.com.
Item 1.02 Exhibit
As specified in Section 2, Item 2.01 of this Form SD, we are hereby filing our Conflict Minerals Report as Exhibit 1.01 to this report.
SECTION 2 EXHIBITS
Item 2.01 Exhibits
The following exhibit is filed as part of this Report on Form SD:
Exhibit No. |
Description | |
1.01 | Conflict Minerals Report of Armstrong World Industries, Inc. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.
Armstrong World Industries, Inc. | ||
By: | /s/ David S. Schulz | |
David S. Schulz, Senior Vice President and | ||
Chief Financial Officer (Principal Financial Officer) |
Date: May 29, 2015
Exhibit 1.01
Armstrong World Industries, Inc.
Conflict Minerals Report
For the Year Ended December 31, 2014
Armstrong World Industries, Inc. (AWI) is a Pennsylvania corporation incorporated in 1891. We are a leading global producer of flooring products and ceiling systems for use primarily in the construction and renovation of residential, commercial and institutional buildings. We design, manufacture and sell flooring products (primarily resilient and wood) and ceiling systems (primarily mineral fiber, fiberglass and metal) around the world.
This Conflict Minerals Report (the Report) of AWI has been prepared pursuant to Rule 13p1 (the Rule) and Form SD promulgated under the Securities Exchange Act of 1934, as amended, for the year ended December 31, 2014. When we refer to we, our and us in this document, we are referring to AWI and its subsidiaries.
The Rule requires disclosure of certain information when a company manufactures or contracts to manufacture products for which the minerals specified in the Rule are necessary to the functionality or production of those products. The specified minerals are columbite-tantalite (coltan), cassiterite, gold, and wolframite, including their derivatives, which are limited to tantalum, tin, and tungsten (the Conflict Minerals). The Covered Countries for the purposes of the Rule and this Report are the Democratic Republic of the Congo (the DRC) and countries that share an internationally recognized border with the DRC (the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia, and Angola). As described in this Report, certain of our operations manufacture, or contract to manufacture, products for which tin is necessary to the functionality or production of those products.
Description of the Products Covered by this Report
This Report relates to products manufactured or contracted to be manufactured by us in calendar year 2014: (i) for which Conflict Minerals are necessary to the functionality or production of that product, (ii) for which Conflict Minerals are not from scrap or recycled materials and (iii) with respect to which we have concluded they are DRC conflict undeterminable because we have not yet been able to determine whether the Conflict Minerals originated in the Covered Countries.
These products, which are referred to in this Report as the Covered Products are the following:
| Vinyl tile flooring; |
| Vinyl sheet flooring; |
| Engineered hardwood flooring; and |
| Linoleum flooring. |
RCOI and Due Diligence Process
We have conducted a good faith reasonable country of origin inquiry (RCOI) regarding the Conflict Minerals. This good faith RCOI was designed to determine whether any of the Conflict Minerals originated in the Covered Countries and whether any of the Conflict Minerals may be from recycled or scrap sources. We also exercised due diligence on the source and chain of custody of the Conflict Minerals. Our due diligence procedures were based on the framework in the Organisation for Economic Co-operation and Development Due Diligence Guidance for Responsible Supply Chain of Minerals from Conflict-Affected and High Risk Areas (the OECD Guidance).
Our products and suppliers were assessed by in-house subject matter experts in order to identify our Conflict Mineral scope and risk. Then, as part of our RCOI, all suppliers deemed to be within the scope of the Rule were surveyed using a variation of the EICC/GeSI Conflict Minerals Reporting Template. Based on our reviews, 205 of our 1,800 raw and sourced material suppliers were in scope for having provided materials that potentially contained tin that was not from scrap or recycled sources. We surveyed all 205
suppliers and achieved a 96% response rate, with 98% of respondents reporting the materials they sell us do not contain tin. All supplier responses were reviewed in detail and where the information provided by the supplier appeared to be outdated, incomplete, incorrect or not trustworthy, follow-up inquiries were made to obtain the current, complete, correct and trustworthy information. Our supply chain with respect to the Covered Products is complex, and there are many third parties in the supply chain between the ultimate manufacture of the Covered Products and the original sources of the Conflict Minerals. We do not purchase Conflict Minerals directly from mines, smelters, or refiners. We must rely on our suppliers to provide information regarding the origin of Conflict Minerals that are included in the Covered Products. We believe that the smelters and refiners of the Conflict Minerals are best suited to identify the sources of Conflict Minerals, and have taken steps to identify the smelters and refiners in our supply chain by obtaining or seeking to obtain information from our suppliers.
Our due diligence process was designed to assist with the development of a responsible supply chain for minerals from conflict areas, as outlined in the OECD Guidance, and facilitate compliance with Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The steps we have taken, include, but are not limited to the following:
| Formed a cross-functional Core team to design and implement a Conflict Minerals compliance plan, with members representing the following departments: Product Stewardship, Procurement, Corporate Controllers, Legal, Internal Audit and our Business Units; |
| Formed a Steering Committee with members from Senior Management to oversee activities performed by and findings of the Core team; |
| Strengthened new supplier agreements by requiring Suppliers to represent and warrant that any Conflict Minerals not from scrap or recycled material that are used in the manufacture of raw materials will not be from Covered Countries; and |
| Educated procurement staff members on the requirements of the Rule and the impact on Global Procurement to aid with on-going risk assessment. |
We received completed questionnaires from four of our suppliers that said that the materials they sell to us contain tin. To date, only three of those suppliers have provided us with smelter lists. None of the smelters listed by these suppliers is located in the Covered Countries. Based on the location of the facilities used to process the tin, we have no reason to believe the source of the tin is from a Covered Country although we cant exclude that possibility.
Notwithstanding our efforts to obtain information from the supplier that did not identify the names and locations of the smelters or other sources of the tin it used, we have, thus far, been unable to identify the smelters or sources for the tin supplied to us by that supplier and, therefore, have been unable to determine the country of origin of that tin. We are still working closely with our supplier to obtain its smelter list and mine locations.
We expect to continue to engage with our suppliers to obtain complete, correct and trustworthy information about the supply chain and directly engage with those smelters and refiners identified by our suppliers to verify mineral sources (if necessary) to reach a final DRC determination related to our DRC conflict undeterminable Covered Products. Additionally, we are working toward adopting a company policy for the supply chain of minerals originating from conflict-affected areas, and standard operating procedures for new vendor on-boarding to ensure we capture the necessary information to comply with the filing requirements under the Rule.
This Report has not been subjected to an independent private sector audit because such an audit was not required.
1 Year Armstrong World Industries Chart |
1 Month Armstrong World Industries Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions