Powering Performance

AIAG Breaks Down Conflict Minerals Reporting

Aug 26, 2014
 

Two sold-out crowds for the morning and afternoon sessions of AIAG's Conflict Minerals Industry Briefing III earlier this month proved that looming deadlines for meeting new reporting requirements have more than a few companies looking for help. 
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AIAG Takes Conflict Minerals Reporting By the Horns

Aug 21, 2014


Our work demands responsibility. A coalition of manufacturers, suppliers, retailers, and service providers, AIAG values an open, active forum for identifying emerging threats to the sustainable growth of the automotive industry. 

Among those threats is the use of conflict minerals - so called, as the mining of tin, tantalum, tungsten, and gold in the metal-rich Democratic Republic of Congo has helped fund violent militia groups. Accordingly, in 2012, the Dodd-Frank Act was signed into law requiring publicly-traded companies to disclose their sources. While the ruling does not explicitly prohibit the use of these minerals, the resultant market changes have since stymied warlords' access to soldiers and weapons. 

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Conflict Minerals: What the SEC Filings Show

Jul 25, 2014


Unless you are one of the few readers of this blog who are blissfully unaware of the Securities and Exchange Commission's (SEC) conflict minerals rule, you probably know that the first-year filing deadline was June 2. The rule, which requires SEC-filing companies that manufacture or contract to manufacture products to investigate whether those products contain tin, tungsten, tantalum, or gold and, if so, to submit a special form to the SEC, has been the subject of numerous articles and analyses, not to mention lawsuits and high drama. Now that close to 1,300 forms have been filed and made available on the SEC's EDGAR website, it is a good time to take a look at what the filings reveal and what lessons can be learned from this first phase of conflict minerals compliance. 

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