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).
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.
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
Identify weak spots in your supply chain that you are having difficulty either monitoring or implementing policies.
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.
Use this audit to identify risks in your supply chain and build a risk management plan around those weak spots.
Determine which of your suppliers are high-priority.