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).
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Ensure your reporting processes align with those outlined by the CMRT. Our Conflict Mineral Reporting Checklist will help you get all of the pieces together.
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Develop a conflict minerals policy that trickles down through your supply chain. Having a policy in place and enforced secures a long term plan for corporate responsibility. By implementing throughout your entire supply chain, you won’t have to worry about
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Identify weak spots in your supply chain that you are having difficulty either monitoring or implementing policies.
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Have a third party conduct an audit. They can get into those nooks and crannies that step 3 may have already identified and make recommendations.
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Use this audit to identify risks in your supply chain and build a risk management plan around those weak spots.
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Determine which of your suppliers are high-priority.
