Bio-Rad Settlement Reinforces Foreign Corrupt Practice Act Trends
From the Source: Supply Chain, Risk Management, and Conflict Minerals Weekly Ne…
From the Source
Supply Chain & Risk Management
Updated conflict minerals reporting template available now
CNBC. The new Conflict Minerals Reporting Template (CMRT) version 3.02 was recently published on November 7, 2014 by the Conflict Free Sourcing Initiative.
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Bio-Rad settlement reinforces Foreign Corrupt Practice Act trends
The National Law Review. On Tuesday, the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) announced that both had reached agreements with medical diagnostics and life sciences manufacturing company Bio-Rad Laboratories to resolve allegations that Bio-Rad violated the Foreign Corrupt Practices Act (FCPA) in connection with its engagement of third party intermediaries in Russia, Thailand and Vietnam.
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Where your solar panels made with conflict minerals?
Take Part. While solar panels generate carbon-free electricity, they carry environmental footprints of their own. Manufacturing those products consumes energy and water and emits greenhouse gases.
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Debate in the European Parliament on the European Commission's Conflict Minerals Proposal
The National Law Review. On November 6, the Committee on International Trade (INTA) of the European Parliament will have a first exchange of views on the proposal presented in March by the European Commission (EC) on “Minerals originating in conflict affected and high risk areas.”
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Levi Strauss' Smart Thinking on Supply Chain Ethics
Supply Chain 247. Kudos to Levi Strauss, which announced last week that it will partner with the International Finance Corporation to reward suppliers in developing countries who score highly on environmental, health, safety and labour standards.
Events
Webinar - Smelter Verification for Conflict Minerals, A Guide to Understanding the Facts
The verification of supplier-provided smelter information is a growing concern for conflict minerals due diligence in industries large and small. Are you confident in your smelter verification process and aware of the pit falls to avoid? Join this webinar on November 18th at 10 am PST, to obtain industry leading knowledge on issues with publicly available data, critical insight about anticipated problems and information on how a Smelter Verification Program can be a cost-efficient service offering.
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Webinar on Demand- Anti Corruption Crack Down
Source Intelligence teamed with the Center for Responsible Enterprise and Trade (CREATe) to offer an informative, Anti-Corruption Crack-Down Webinar that presents key priorities for addressing supply chain risk, and what can be done to protect companies and brands from corruption. Download the webinar below.
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Resources
Report - Conflict Minerals 2013 Year In Review
This analysis documents first-hand the daunting task companies faced in the 2013 reporting year collecting data from suppliers. Topics addressed in the analysis include SEC filing trends, uncertainty and unknowns in reporting, percentage of 3TG suppliers reporting unknown sourcing, and percentage of 3TG suppliers without smelter reporting.
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References
www.conflictmineralsresources.com
