Just three weeks after the second conflict minerals filing deadline, many companies are ready to sweep conflict minerals under the rug until next year, but should they?
Reporting year 2015 marks the third year of the Dodd-Frank 1502 law, and the first year supply chain scrutiny is increasing. Come this time next year, publicly traded companies will have to understand whether or not there are conflict minerals in their supply chain as the filing distinction “undeterminable” will no longer be an option.
Businesses trying to comply with 'conflict minerals' law
The Baltimore Sun. The argument goes that using a smartphone made from materials mined in war-torn Africa is no better than buying so-called blood diamonds.
June 9, 2015 /3BL Media/ - Top 20 CIO Supply Chain Solution Provider and recently featured business on The San Diego Union Tribune’s front page, Source Intelligence will be speaking at the upcoming 3rd Conflict Minerals and Supply Chain Transparency Con
The San Diego Daily Transcript. With all publicly traded companies preparing for manda- tory conflict-mineral reporting requirements to take effect in 2016, one private San Diego County company is preparing for exponential growth.
June 1, 2015 /3BL Media/ - Supply chain transparency and conflict minerals will be in the news very soon. Today, Monday, June 1, is the deadline for more than 6,000 Public U.S. companies to file reports with the SEC to disclose whether their products contain conflict minerals.
Conflict Minerals Disclosure deadline is June 1st: how does your supply chain measure up?
Logistics Viewpoints. Tantalum, Tin, Tungsten and Gold (3TG) – and supply chain transparency will be in the news. Monday, June 1, is the deadline for more than 6,000 Public U.S. companies to file reports with the SEC to disclose whether their products contain conflict minerals.
ALEXANDRIA, Va., May 27, 2015 /3BL Media/ – The Conflict-Free Sourcing Initiative (CFSI) today announced it stands ready to help companies navigate compliance with the pending conflict minerals legislation that was recently voted on by the European Parliament. In addition, the CFSI is adopting a risk-based approach to its audit program to bolster audits of smelters and refiners of tin, tantalum, tungsten and gold worldwide.
EU lawmakers seek ban on "blood metals" in surprise vote
Reuters. The European Parliament voted on Wednesday to ban all products that contain "blood metals" sold by African warlords, but the legislation is likely to be blocked by EU governments who fear it would impose an unrealistic burden on business.
The reporting deadline for Conflict Minerals filing year 2015 is approaching (June 1) and while some companies have already filed, most are approaching the deadline with caution. After the recent Amnesty International report analyzing reporting year 2013 filings (almost an entire year later), companies are thinking twice about the level of detail they will put on their conflict minerals reports and Form SDs.
