Revenues from the mining of gold, tantalum, tin and tungsten — referred to as conflict minerals — in the Democratic Republic of Congo and surrounding countries may finance armed groups in the region. In response to this humanitarian issue, the US Securities and Exchange Commission (SEC) finalized a conflict minerals ruling in August 2012 that … Continue reading
http://www.supplymanagement.com/2012/microsoft-educates-suppliers-on-conflict-minerals/
SOUTHFIELD, Mich., Sept. 6, 2012 /PRNewswire/ – AIAG and iPoint today announced that a working group with representatives from two dozen AIAG member companies — including automotive industry OEMs and suppliers such as Bosch, Chrysler Group, Ford, and Honda — collaborated at AIAG on the development of the iPoint Conflict Minerals Platform (iPCMP), the first web-based data management tool … Continue reading
[Very good summary--Ed.] The Securities and Exchange Commission recently adopted final disclosure and reporting rules as mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act requiring certain public companies to disclose on a new Form SD their use of conflict minerals originating in the Democratic Republic of the Congo (the DRC) or an … Continue reading
The Final Rules differ from the proposed rules in the following significant ways: The Final Rules exclude conflict minerals that come from recycled or scrap sources, that is, minerals that are derived from metals that come from reclaimed end-user or post-consumer products, or scrap-processed metals created during product manufacturing. The Final Rules exclude conflict minerals … Continue reading
Excerpt from brief by SR&Z. Action Items There are a number of near-term action items that registrants should consider as they gear up for compliance with the conflict minerals rule: 1. Create an internal conflict minerals compliance team. For most registrants, the internal team will consist, at a minimum, of representatives from manufacturing, engineering, procurement, … Continue reading
MPT has always respected international human rights and continuously practiced the idea of being a world citizen. In response to Bill H.R. 4173 Dodd-Franck Act signed by U.S. President Obama in July 2010, MPT specifically states its prohibition against the use of Conflict Minerals. MPT Statement ： 1. Although MPT does not directly purchase metal … Continue reading
On Friday, the board’s Executive Committee approved a resolution that authorizes DUMAC, Duke’s investment arm, to adopt a proxy voting guideline for investments in which the university has direct ownership. The guideline stipulates that Duke vote in favor of “well-written and reasonable shareholder resolutions that ask companies for reports on their policies and efforts regarding … Continue reading
This article offers 4 keys to navigating your supply chain so you can ensure it is conflict free: Understand the issue: There are a variety of good resources available to get informed about the impact of conflict minerals, including an upcomingWebinar by Source 44 and a slightly older, but excellent video by the Enough Project (full disclosure, Green Impact is helping to produce the … Continue reading
We take the following steps to maintain our position on radical transparency in our clients’ supply chains: 1. PCH has strong management systems in place to implement our policy on conflict minerals, aligned with the OECD Guidelines 5-step process for eliminating risk 2. The management team identifies and responds to risks that may occur in … Continue reading
