The Conflict Minerals Regulation, Kickstarting Change in the Congo

Dec 23, 2014 6:30 PM ET

From the Source: Supply Chain, Risk Management, Compliance, and Transparency Ne…

The conflict minerals law: kickstarting change in the Congo

The Huffington Post. Section 1502 of the Dodd-Frank Consumer Protection and Wall Street Reform Act -- "the conflict minerals" clause -- has attracted controversy concerning its effects on the ground in Democratic Republic of the Congo (DRC) and the broader region whose conflicts the law intends to allay. 

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Record FCPA fine shows cost of non-compliance

The Wall Street Journal. The record penalty reflects, according to a Wall Street Journal report, the failure by Alstom to disclose the misconduct or to cooperate with a U.S. investigation for several years.

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Chiquita settles lawsuit over green marketing, but the legal battle isn't over

The Guardian. A Seattle nonprofit alleges that Chiquita banana suppliers – certified sustainable by the Rainforest Alliance – pollute water supplies in Guatemala, but the banana giant stands by its record

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US watchdog fines Avon $135m for China bribes

BBC News. Avon's Chinese subsidiary paid out $8m from 2004 to 2008 in order to obtain a direct selling licence, said the SEC in a statement.

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Rule keeps harmful chemicals out of marketplace

Environmental Leader. Jim Jones, EPA assistant administrator for chemical safety and pollution prevention, says the move will “level the playing field” for US businesses. These chemicals, which can harm human health and the environment, are no longer used in the US but find their way into commerce, sometimes through imported products.

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Events

Webinar on Demand - Smelter Verification for Conflict Minerals, A Guide to Understanding the Facts (Chinese translation now available)

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? Download this webinar on demand to obtain industry leading knowledge on the newest Conflict Minerals Reporting Template version 3.02 updates, 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. Also, due to a high interest for the webinar to be released in Chinese, the link to watch the first ever webinar for Smelter Verification translated to Chinese has also been provided. 

Watch English version now >> 

Watch Chinese version now/ 现在看中文版 >> 

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. To watch the webinar on demand, please use the link below.

Watch now >> 

 

Resources
  E-Book - An Insightful Look at 2014 Conflict Minerals Efforts: Benefits of Tracing Your Supply Chain

An E-Book of our most influential white papers of 2014 that have guided companies to conflict minerals compliance. The E-Book includes white papers on Overcoming Supplier Resistance, Conflict Minerals Compliance Programs Implementation: An Analysis of 4 Prevailing Approaches, Moving Beyond Supplier Provided Information: A Guide To Smelter Verification, and the 2015 Guide to a Successful Conflict Minerals Program. 

Download Now >> 

Diagnostic - Smelter Verification Diagnostic

A complimentary smelter verification diagnostic that will authenticate the validity of your smelters based on data from official sources, such as the LBMA, CSFI, RJC, DOC, and OECD. (Limited availability)