Group of Investors Urge European Union to Adopt Stronger Conflict Minerals Legislation
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Supply Chain & Risk Management
Financial Times. The next time your mobile phone buzzes in your pocket, think tungsten. The hard, steel-grey mineral is crucial to the component that makes phones vibrate. It is also used in ballpoint pens, lightbulbs and in the wiring of heated car windscreens.
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Group of investors urge European Union to adopt stronger conflict minerals legislationProvidence Journal. Yesterday, global sustainable and responsible investors and investment organisations representing more than EUR855 billion in assets under management sent a joint statement to the European Commission, the European Parliament, and the European Council.
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SEC highlights enforcement actions for 2014Crowdfund Insider. New investigative methods and innovative technology led to a banner year for Securities and Exchange Commission enforcement in 2014, with a record number of actions taken and fines levied, the agency reported Thursday.
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Thermacore pays $965,000 to settle FCA allegations stemming from duplicate SBIR proposalsWhistleblower Today. Thermal management company Thermacore, Inc. has agreed to a $965,000 settlement to resolve allegations of fraud arising as part of the Federal government’s Small Business Innovation Research (“SBIR”) program.
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Corporate bishops press EU on conflict mineralsCorporate Counsel. Some 70 Roman Catholic bishops from around the world and a global Catholic development agency are urging the EU to make proposed rules for so-called conflict minerals binding on companies, rather than seeking voluntary compliance.
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Events
Webinar - Anti-Corruption Crack-DownSource Intelligence has 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.
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Interview - Conflict Minerals Post Filing Insights: An Interview with principal investigator, Chris Bayer
Nick Aster, Founder of Triple Pundit, interviews Chris Bayer, Principal Investigator of Tulane University's Conflict Minerals Issuer Survey. The discussion will include insights on the cost of compliance.
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Resources
Report - Conflict Minerals 2013 Year In ReviewThis 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