Conflict-Free Sourcing Initiative Recommendations Support Responsible Sourcing and Reporting
ALEXANDRIA, Va., April 12, 2017 /3BL Media/ – The Conflict-Free Sourcing Initiative (CFSI), a coalition of leading companies dedicated to improving the security and human rights conditions in their raw materials supply chains, today announced the publication of an updated white paper that details practical steps for companies to meet SEC conflict mineral reporting requirements and conform to OECD Guidance.
Automakers are leading the way with their long-term commitment to corporate social responsibility and assertive supply chain transparency initiatives. At a recent event, members from the Automotive Industry Action Group (AIAG) met to discuss leading practices in identifying and combating the funding of “conflict minerals” from areas of conflict, specifically Democratic Republic of Congo.
Although the banter about the effectiveness of the conflict minerals rule (Dodd-Frank 1502) and the conflict minerals rule litigation continues, it does not change the fact that publicly traded US based companies are required to investigate their supply chain to determine if tin, tungsten, tantalum and or gold (3TG) originate from Democratic Republic Congo and its surrounding countries. On November 9, the U.S. Court of Appeals for the D.C. Circuit denied the SEC and Amnesty International petitions seeking rehearing en banc of the court’s Aug.
On Tuesday, The Monetary Policy and Trade Subcommittee of the US House of Representatives Committee on Financial Services held a hearing entitled “Dodd-Frank Five Years Later: What Have We Learned from Conflict Minerals Reporting?” with the following witnesses:
Responsible Sourcing Network Report & Webinar To Be Released September 22nd
Mining the Disclosures 2015: An Investor Guide to Conflict Minerals Reporting In Year Two by Responsible Sourcing Network (RSN) will be a much-anticipated deep analysis of 155 companies that filed with the U.S. Securities and Exchange Commission (SEC) per a mandate on whether their products contain materials from war-torn areas of Africa.
Mining the Disclosures: An Investor Guide to Conflict Mineral Reporting
The 2015 edition of Mining the Disclosures: An Investor Guide to Conflict Mineral Reporting by Responsible Sourcing Network (RSN) will be a much-anticipated deep analysis of filings by more than 1,400 companies to the U.S. Securities and Exchange Commission (SEC) per a mandate on whether their products contain materials from war-torn areas of Africa.