According to the rule, an estimated 5,994 public companies that file with the SEC will have to provide new disclosures. Moreover, approximately 275,000 private companies that are part of issuers’ supply chains will also be expected to provide conflict minerals due diligence to their public customers. Furthermore, a 2011 study by Tulane University, assessed the costs of implementing the Dodd-Frank conflict minerals regulation to be $7.93 billion — more than one hundred times greater than the initial estimate prepared by the U.S.
For the second time the regulations put forth in the Dodd-Frank Wall Street Reform and Consumer Protection Act are being challenged. This time a business consortium brought the SEC before the DC Circuit court where 3 judges heard arguments from Peter Keisler from the business coalition and Tracey Hardin from the SEC.
The Conflict-Free Sourcing Initiative (CFSI) made a major accomplishment in its mission to fight the war on minerals deriving from human rights abuses in the Democratic Republic of the Congo. In the initiatives five year history, it has put forth hard work and effort to mitigate the consumption of raw materials being mined in the atrocities warfare in the Congo. Over 120 companies have worked with the program in hopes of gaining a transparent supply chain and partaking in international due diligence.
An Effective Philanthropic Campaign Is Crucial to Attracting and Retaining Talent and Creating a Rewarding Work Environment
PLAINSBORO, N.J., February 4, 2014 /3BL Media/ – JK Group, the leading end-to-end solutions provider of software and value-added services for corporate philanthropy, today announced the release of its latest white paper, “Building Employee Engagement through Corporate Giving Programs.” Available for complimentary download, the white paper addresses the challenges and benefits of employee engagement, while offering strategies for spurring employee