Approximately 1,200 publicly traded companies filed Conflict Minerals Reports with the SEC this year, in accordance with Dodd-Frank Section 1502 (Conflict Minerals Rule).
Source Intelligence has analyzed data collected from the 2015 filings, and mined meaningful insights for companies to utilize for the 2016 reporting year. Key findings demonstrate differences and similarities between industries, trends from past reporting years, and new findings from 2015.
On Wednesday, June 15th, The European Union (EU) agreed to outline a deal to facilitate a focus on transparency in the supply chain. This legislation concerns the sourcing of conflict minerals, not just in the Democratic Republic of the Congo, but from high-risk regions, worldwide.
"We need to step up to our responsibilities and finally break the vicious cycle of the trade in minerals and the financing of conflict," - EU Trade Commissioner Cecilia Malmstrom
Awareness campaign launched in response to global automotive survey results
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To accelerate industry action on the issue of Conflict Minerals, AIAG launched today a conflict minerals awareness campaign with a microsite that simplifies this complex issue. It's the latest of AIAG’s industry-leading tools that provide automotive OEMs and suppliers unlimited access to the resources and best practices needed to ensure that global vehicle production does not support armed conflict in central Africa, where conflict minerals are often mined.
Hyundai has strong interest in AIAG’s chemical management, regulatory, and environmental training and initiatives
SOUTHFIELD, Mich., Feb. 28, 2014 /3BL Media/ - Hyundai America Technical Center, Inc. (HATCI)—the design, technology, and engineering arm for all North American models of the Korean-based Hyundai-KIA Motors Group—has joined the Automotive Industry Action Group (AIAG) as its newest OEM member. HATCI is a cutting-edge facility in Superior Township, Mich., that serves as the core research base for the automaker’s production and sales support in North America.
Brad Brooks-Rubin, Special Advisor for Conflict Diamonds and Conflict Minerals in the Bureau of Energy, Economic, and Business Affairs at the U.S. Department of State, announced as another speaker at the Global Conflict Minerals Symposium. This event, presented by the Conflict Minerals Consortium coincides with the 1-year anniversary of the Dodd-Frank Section 1502 Conflict Minerals Final Rule.