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Many Industry Sectors Unprepared for Conflict Minerals Rule

Many Industry Sectors Unprepared for Conflict Minerals Rule | Sustainable Procurement News | Scoop.it

A report from the Responsible Sourcing Network finds that leading companies in the information and communications industry have undertaken initiatives to ensure that their supply chains are free of conflict minerals, but few other industry sectors have done so.

EcoVadis's insight:

This article from Social Funds highlights discrepancies between sectors in implementing due diligence mechanims on conflict minerals. While ICT companies are frontrunners, laggards include companies from the Automotive, Aerospace & Defence & jewelry. RSN January 2013 report can be found here.

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European Union Considers Implementing Conflict Minerals Regulation

European Union Considers Implementing Conflict Minerals Regulation | Sustainable Procurement News | Scoop.it
The European Union (EU) will begin discussions on whether to develop a conflict minerals-type regulation during a December 5, 2012 internal workshop. DG Trade is leading this effort and has request input from industry, academia, and non-governmental organizations (NGOs)....
EcoVadis's insight:

As a ripple effect of the Conflict Minerals Act of 2009 passed in the U.S., possible regulations are likely to have significant impacts for European companies in terms of supply chain disclosure and accountability, due-diligence mechanisms.

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