If You Supply to a Global Brand Read these Conflict Minerals Smelter Verification FAQ's
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If you supply to a global brand read these Conflict Minerals Smelter Verificati…
The Best Practices: Smelter Verification for Conflict Minerals Frequently Asked Questions has recently been released by Source Intelligence, and is a compilation of frequently asked questions from global brand clients and suppliers regarding the smelter verification step.
There are 15 weeks left to file and comply with the Conflict Minerals Regulation. The frequently asked questions for Smelter Verification attached provides best practices for companies preparing to assist customers requesting more information about their smelters.
Some of the questions include:
Q: What do companies who are non-issuers risk by not reporting or responding to smelter information requests from customers?
Q: If we really want to verify that our suppliers are using valid smelters, isn't the most accurate way to do this to gather invoices between the suppliers and the smelters?
Q: What are some challenges with verifying smelters?
Q: Who is considered an Issuer, and who is considered a Non-Issuer?
To view the full and extended version of the Smelter Verification FAQ, download it here.