Global Conflict Minerals Regulations: A Complete Guide To Compliance

by Matt Thorn

on February 11, 2022

Executive Summary

 

Profits from conflict minerals are used to buy arms and pay combatants. It promotes conflict and has led to massive numbers of internally displaced persons, food insecurity, and forced child labor. It promotes conflict and has led to massive numbers of internally displaced persons, food insecurity, and forced child labor.

To ensure businesses are sourcing conflict-free minerals, there are two main regulations in place: US Dodd-Frank 1502 and EU Conflict Minerals. These both require different levels of tracing conflict minerals throughout the supply chain, gathering smelter data, and compiling reports.

But tracing the source of these minerals is an immensely complex and resource-intensive task. When going up the supply chain, it’s not unrealistic to find 50 suppliers behind a company’s primary supplier. Getting in contact with each of these upstream suppliers proves difficult depending on their scale of operations, language barriers, and level of willingness to comply with requests for information.

So, what can supply chain professionals do?

 

This white paper clarifies the reporting requirements for conflict minerals in the United States, the European Union, and the global guidance from the OECD. It will walk you through the most efficient way to conduct conflict mineral tracing and reporting, as well as overview the ways that an electronic system, like the one from Source Intelligence, can streamline the process and simplify conflict minerals regulation compliance.

 

In this white paper, we go into detail on the following topics:

  • The dilemma of conflict minerals
  • Dodd-Frank 1502 requirements and reporting best practices
  • EU Conflict Minerals and following OECD guidelines
  • Beyond 3TG - New "conflict" minerals
  • The Extended Minerals Reporting Template (EMRT)
  • How Source Intelligence can help

 

Global Conflict Minerals White Paper Spread

 

Download our White Paper to learn more:

 

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