Europe is Dragging its Feet on Conflict Minerals

Nov 20, 2014 2:00 PM ET

From the Source: Supply Chain, Risk Management, and Conflict Minerals Newsletter

From the Source 
Supply Chain & Risk Management

Source Intelligence: Mapping the supply chain and monitoring risk
Supply Chain Management Review. New platforms are evolving that allow companies to verify and monitor their suppliers for conflict minerals and human rights abuses. Source Intelligence’s CEO explains how his platform works and is evolving.

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Europe is dragging its feet on conflict minerals
The Huffington Post. Don't ask, don't tell. This is the deal consumers have long been offered by companies in exchange for cheaper clothes, cheaper food, and cheaper gadgets. Knowing the terms of this deal, it can be difficult to ask too many questions about where or how our favourite products are made, or indeed, know whether we would be able to handle the answers.

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2014: The Year of the International Whistleblower
The FCPA Blog. The biggest SEC whistleblower award in Fiscal Year 2014 was in September, when the agency authorized a payment of more than $30 million  to a whistleblower living outside the United States. The award more than doubled the previous highest award of $14 million. 

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Archbishop of Bukavu: EU must give assurances on the morality of trade in natural resources
Enough Project. As an African archbishop working with mining communities in Bukavu in the Democratic Republic of the Congo, I look forward with great interest to the forthcoming European Parliament debate on the strategy for responsible trade in minerals from conflict zones.

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Walmart India fires mid-level manager amid FCPA bribery investigation
International Business Times. The Indian arm of American retail giant Walmart has terminated a mid-level manager amid investigations into alleged violations of U.S. anti-bribery laws in the country.

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Events

Webinar on Demand- Smelter Verification for Conflict Minerals, A Guide to Understanding the Facts
The verification of supplier-provided smelter information is a growing concern for conflict minerals due diligence in industries large and small. Are you confident in your smelter verification process and aware of the pit falls to avoid? Download this webinar on demand to obtain industry leading knowledge on the newest Conflict Minerals Reporting Template version 3.02 updates, issues with publicly available data, critical insight about anticipated problems and information on how a Smelter Verification Program can be a cost-efficient service offering.

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Webinar on Demand- Anti Corruption Crack Down
Source Intelligence teamed with the Center for Responsible Enterprise and Trade (CREATe) to offer an informative, Anti-Corruption Crack-Down Webinar that presents key priorities for addressing supply chain risk, and what can be done to protect companies and brands from corruption. Download the webinar below.

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Resources

Report - Conflict Minerals 2013 Year In Review
This analysis documents first-hand the daunting task companies faced in the 2013 reporting year collecting data from suppliers. Topics addressed in the analysis include SEC filing trends, uncertainty and unknowns in reporting, percentage of 3TG suppliers reporting unknown sourcing, and percentage of 3TG suppliers without smelter reporting.

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References

www.conflictmineralsresources.com

www.sourceintelligence.com