The Extended Minerals Reporting Template: A Complete Guide
by Source Intelligence
on July 12, 2022
Efficiently Conduct Cobalt and Mica Due Diligence for ESG-Focused Companies with the Extended Minerals Reporting Template (EMRT)
Technology is an integral part of our daily lives. From cell phones to cars and computers, society relies on technology, particularly in our global world. While these advances provide many benefits for society, there are also several drawbacks. The most significant disadvantages are caused by sourcing practices of the various raw materials used to produce components that make up electronic devices.
Two of the most sought-after compounds are cobalt and mica; both are required in massive quantities to keep up with demand. Unfortunately, these minerals are sometimes mined using unethical practices, primarily in developing countries. Many watchdog organizations and government bodies have flagged serious human rights concerns associated with the mining practices, raising awareness among consumers, and driving businesses to determine where and how these minerals are procured. Ensuring ethical sourcing of mica and cobalt is becoming integral to supply chain risk assessments.
This white paper focuses on the issues surrounding cobalt and mica mining and sourcing. Additionally, it highlights the fundamentals of the Extended Minerals Reporting Template (EMRT) and why it is essential for ESG-focused companies. Finally, we provide an overview of Source Intelligence’s EMRT solution to streamline supply chain reporting through technology-driven systems.
In this white paper, we go into detail on the following topics: