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May 25, 2023 6:52 AM EDT
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________
FORM SD
SPECIALIZED DISCLOSURE REPORT
______________________
ABB Ltd
(Exact name of the registrant as
 
specified in its charter)
Switzerland
(State or other jurisdiction of incorporation)
001-16429
(Commission file number)
Affolternstrasse 44
CH-8050 Zurich
Switzerland
(Address of principal executive
 
offices)
Richard A. Brown
Telephone: +41
 
-43-317-7111
(Name and telephone number,
 
including area code, of the person
 
to contact in connection with this report.
 
)
Check the appropriate box
 
to indicate the rule pursuant to which
 
this form is being filed:
☒
 
Rule 13p-1 under the Securities Exchange
 
Act (17 CFR 240.13p-1) for the reporting
 
period from January 1 to December
 
31, 2022.
☐
 
Rule 13q-1 under the Securities Exchange
 
Act (17 CFR 240.13q-1) for the fiscal year ended
 
_____.
Introduction
ABB Ltd is a corporation organized under
 
the laws of Switzerland. In this Form
 
SD and the attached Conflict
Minerals Report (included as Exhibit
 
1.01), “ABB”, the “Company”,
 
“we”,
 
and “our” refer to ABB Ltd
 
and its consolidated
subsidiaries. ABB is a foreign private
 
issuer as defined under Rule
 
405 of Regulation C under the Securities
 
Act of 1933 and
Rule 3b-4 under the Securities Exchange
 
Act of 1934. Our shares are
 
listed on the SIX Swiss Exchange,
 
the NASDAQ OMX
Stockholm Exchange and, through May
 
22, 2023, on the New York Stock Exchange (in the form of American
 
Depositary
Shares).
Conflict minerals are defined as cassiterite,
 
columbite-tantalite and wolframite, and their
 
derivatives, which are
limited to tin, tantalum and tungsten,
 
as well as gold (3TG). The functionality
 
of a substantial portion of our global
 
product
portfolio relies on the use of direct
 
materials, especially electronic components,
 
which include amounts of tin, tantalum,
tungsten or gold (
necessary conflict minerals
). For example, tin, tantalum,
 
tungsten and gold are each contained
 
respectively
in weld wire, capacitors, electronic
 
contacts and electrical connection
 
coatings, each of which are components
 
in many of our
products. Our operating businesses
 
and their products are described in more
 
detail below.
In 2022, we operated our business
 
through four Business Areas which
 
are aligned based on products
 
and services.
The Business Areas were:
 
Electrification, Motion, Process Automation,
 
and Robotics & Discrete Automation.
 
We also have
certain
 
insignificant business operations relating
 
to our remaining engineering, procurement,
 
and construction (EPC)
contracts, which are being wound down
 
and managed in a separate business
 
unit outside of those businesses.
 
The description
of our businesses
 
and their main products in 2022
 
is as follows:
●
Electrification:
manufactures and sells electrical products
 
and solutions which are designed to
 
provide safe, smart
and sustainable electrical flow from
 
the substation to the socket. The portfolio
 
of increasingly digital and
connected solutions includes electric
 
vehicle charging infrastructure, renewable
 
power solutions, modular
substation packages, distribution automation
 
products, switchboard and
 
panelboards, switchgear, UPS solutions,
circuit breakers, measuring and sensing
 
devices, control products, wiring
 
accessories, enclosures and cabling
systems and intelligent home and building
 
solutions, designed to integrate and
 
automate lighting, heating,
ventilation, security and data communication
 
networks.
●
Motion:
designs, manufactures,
 
and sells drives, motors, generators
 
and traction converters that are driving
 
the
low-carbon future for industries,
 
cities, infrastructure and transportation.
 
These products, digital technology
 
and
related services enable industrial customers
 
to increase energy efficiency, improve safety and reliability, and
achieve precise control of their processes.
●
Process Automation:
develops and sells a broad
 
range of industry-specific, integrated
 
automation,
 
electrification
and digital systems and solutions,
 
as well as digital solutions, lifecycle
 
services, advanced industrial
 
analytics and
artificial intelligence applications
 
and suites for the process, marine and
 
hybrid industries. Products and solutions
include control technologies, advanced
 
process control software and
 
manufacturing execution systems,
 
sensing,
measurement and analytical instrumentation,
 
marine propulsion systems and turbochargers.
 
In addition, the
business offers a comprehensive range of services
 
ranging from repair to advanced services
 
such as remote
monitoring, preventive maintenance,
 
asset performance management,
 
emission monitoring and cybersecurity
services.
●
Robotics & Discrete Automation:
 
delivers its products, solutions
 
and services through two operating
 
divisions:
Robotics and Machine Automation. Robotics
 
includes industrial robots, autonomous
 
mobile robotics, software,
robotic solutions, field services, spare parts,
 
and digital services. Machine Automation
 
specializes in solutions
based on its programmable logic controllers
 
(PLC), industrial PCs (IPC), servo
 
motion, transport systems and
 
 
machine vision. Both divisions offer engineering
 
and simulation software as well
 
as a comprehensive range of
digital solutions.
As ABB files reports with the U.S. Securities
 
and Exchange Commission under
 
Section 13(a) of the Securities
Exchange Act of 1934, and is a user of
necessary conflict minerals
 
to produce its manufactured products,
 
ABB is subject to
Section 1502 of the Dodd-Frank Wall Street Reform and Consumer
 
Protection Act of 2010 (17 CFR Parts
 
240 and 249b).
ABB’s Policy on Conflict Minerals can be found at https://global.abb/group/en/about/supplying/material-
compliance/conflict-minerals-policy.
The content of any website referred
 
to in this Form SD is included for
 
general information only and
 
is not
incorporated by reference in this Form
 
SD.
Section 1 - Conflict Minerals Disclosures
 
a.
We have concluded that during the 2022 calendar year:
i.
based on an analysis of our global product
 
offering, we manufactured products containing
 
conflict minerals and
have determined that the use of these
 
minerals was necessary to the
 
functionality or production of these
 
products.
ii.
based on the Reasonable Country of
 
Origin Inquiry (RCOI) conducted
 
(see below), we have reason to
 
believe that a
portion of the Company’s
necessary conflict minerals
 
originated or may have originated
 
in the Democratic
Republic of the Congo (DRC) or
 
an adjoining country
1
 
(collectively the “covered
 
countries”) and may not be from
recycled or scrap sources.
b.
Description of RCOI
We are a large organization and have manufacturing facilities located around
 
the world. In 2022, we manufactured
products in more than 500 product lines
 
and had
 
approximately 40,000 unique direct
 
material suppliers.
To assess whether the
necessary conflict minerals
 
in our products originated from
 
the covered countries, we
performed a RCOI by identifying direct
 
suppliers of products likely to contain
 
3TG and surveying a sample of these
 
suppliers
using the Conflict Minerals Reporting
 
Template (CMRT) as developed and issued by the Responsible Minerals Initiative
(RMI) of the Responsible Business Alliance
 
(RBA) and the Global eSustainability
 
Initiative (GeSI).
During 2022, we focused on increasing the
 
quality of responses from the sample
 
of suppliers selected for surveying.
We used customized systems to track the link between the components
 
purchased from our suppliers
 
and our products
allowing us to make a focused selection
 
of the relevant suppliers of 3TG.
 
To be considered valid, supplier responses had to
meet certain quality standards to be
 
accepted without further follow-up.
 
The final response rate from
 
our suppliers was more
than 90% in both 2022 and 2021 as we
 
executed
 
a structured due diligence process and
 
provided
 
training to our suppliers
where needed. During 2022, we performed
 
certain due diligence procedures on
 
our products containing cobalt
 
and included
this material in the scope of our supplier surveys
 
although the results of this are not within
 
the scope of this Form SD.
In 2022, we selected approximately 3,000
 
suppliers to be surveyed based
 
on the identification of components
containing 3TG within ABB products.
 
We believe our current RCOI and the number of surveyed
 
suppliers provides a
sufficient level of coverage to allow us to appropriately
 
assess the conflict status of our products.
__________________________________
1
Adjoining countries of the Democratic
 
Republic of the Congo are:
 
Angola, Burundi, Republic of the Congo,
 
Central African Republic,
Rwanda, South Sudan, Tanzania,
 
Uganda and Zambia.
 
 
As part of our RCOI, suppliers provided
 
us the names of the original smelters/refiners
 
used to process 3TG
contained in their products. Based
 
on the list of processing facilities
 
we have compiled and based on smelter/refiner-specific
country sourcing information we
 
have received through our membership
 
in the RMI, we believe that some
 
of the
necessary
conflict minerals
 
in our products may have originated
 
from the covered countries and were
 
not from recycled or scrap
sources. Although most suppliers who
 
responded to our survey were
 
able to provide us with a list
 
of the original
smelters/refiners that they identified as
 
being used to process 3TG contained
 
in their products, most of our suppliers
 
were
unable to identify and represent which
 
smelters/refiners were specifically
 
used for the 3TG in the products or
 
materials
supplied to ABB. Therefore, the lists of
 
smelters/refiners provided
 
by suppliers may contain facilities
 
that were not used to
process 3TG contained in the components
 
they provided to us.
c.
Disclosure of this Form and the Conflict
 
Minerals report
In accordance with Rule 13p-1 under
 
the Securities Exchange Act of
 
1934, this Specialized Disclosure
 
Form (Form
SD) and the associated Conflict Minerals
 
Report are available on our website
 
at https://global.abb/group/en/investors
 
under
“Reporting”, “SEC filings”.
Section 2 - Exhibits
 
Exhibit 1.01 -
 
as required by Items 1.01 and 1.02
 
of this Form.
 
 
 
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.
ABB LTD
By:
/s/ T
IMO
I
HAMUOTILA
Date: May 25, 2023
Name:
Timo Ihamuotila
Title:
Executive Vice President and
Chief Financial Officer
By:
/s/ R
ICHARD
A.
B
ROWN
Date: May 25, 2023
Name:
Richard A. Brown
Title:
Group Senior Vice President and
Chief Counsel Corporate & Finance

ATTACHMENTS / EXHIBITS

EXHIBIT 1.01


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