You and your suppliers understand the challenges related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires compliance reporting by every SEC-reporting company with products that contain conflict minerals (tin, tantalum, tungsten, and gold). It’s no surprise that — given the complexity of the rule and the extent of the effort required to comply — many companies struggle with reaching a determination as to their DRC conflict minerals status. Common reasons include:
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Why do long-time industry professionals volunteer their time?
We’ve all heard it said: Volunteering for your industry is one of the most important and most needed acts a professional will ever do. But in today’s increasingly challenging global climate, finding time is harder than ever. So why do people do it?
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“Compliance” and “Value Proposition” are rarely spoken in the same sentence. These days, they should be.
AIAG is expanding efforts to improve the social and environmental performance of the supply chain by making its comprehensive collection of tools and training available in Portuguese, Spanish, Chinese, Turkish, and Italian.
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It’s time to think ahead. Putting out fires every day is noble work — if you’re a firefighter. But if you’re an automotive professional trying to secure the future of your business, you’ve got to look beyond what’s demanding your attention today and plan for what’s coming up ahead.
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The due diligence process is often overlooked as a key piece to the reporting puzzle. Here are some quick tips for conducting due diligence before completing your Conflict Minerals Reporting Templates (CMRT).
The Conflict-free smelter program (CFS) is a program aimed to help companies identify conflict minerals in their supply chains and ensure that they are being responsibly sourced. This program was developed by the Electronic Industry Citizenship Coalition (EICC) and the Global e-Sustainability Initiative (GeSI) in order to audit automotive companies and their suppliers. To ensure that the automotive industry is not sourcing from irresponsible suppliers, reporting the location of where automotive suppliers are buying minerals has become a requirement.
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