Conflict Minerals Management, Conflict Minerals Reporting, EICC, CFSI, Smelters, Supply Chain Compliance, Dodd-Frank SEection 1502

CSRware is here to help you with your Frequently Asked Questions about Conflict Minerals Management. We’ve added a few items here to help you get started. Please contact a representative at anytime for further questions.

With compliance focusing more on Conflict Minerals and Corporate Social Responsibility (CSR) / Sustainability Management, CSRware delivers a complete turnkey solution for the entire spectrum of risk that are managed by supply chain professionals. CSRware’s unique ability to simplify comprehensive data sets into digestible information using global mapping, audit-readiness, risk quantification and mitigation tools, together with a range of survey modules for managing your entire supply chain mapping, conflict minerals, corporate social responsibility and supply chain security—all on a single integrated platform.

Simply click here “Request a Demo” and we’ll get you started on your road to simplifying conflict minerals reporting.

“As defined in 2010 United States legislation, Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 1502(e)(4): CONFLICT MINERAL.—The term ‘‘conflict mineral’’ means— (A) columbite-tantalite (coltan), cassiterite, gold, wolframite, or their derivatives; or (B) any other mineral or its derivatives determined by the Secretary of State to be financing conflict in the Democratic Republic of the Congo or an adjoining country.”
According to the OECD (Organisation for Economic Co-operation and Development) definition:  “Conflict-Affected and High-Risk Areas Conflict-affected and high-risk areas are identified by the presence of armed conflict, widespread violence or other risks of harm to people. Armed conflict may take a variety of forms, such as a conflict of international or non-international character, which may involve two or more states, or may consist of wars of liberation, or insurgencies, civil wars, etc. High-risk areas may include areas of political instability or repression, institutional weakness, insecurity, collapse of civil infrastructure and widespread violence. Such areas are often characterised by widespread human rights abuses and violations of national or international law.”

Dodd–Frank Section 1502 defines the affected countries or “Covered Countries” as follows:  Democratic Republic of the Congo (DRC), Central Africa Republic, South Sudan, Zambia, Angola, The Republic of the Congo, Tanzania, Burundi, Rwanda and Uganda.

Conflict Minerals Management Software ,DRC Democratic Republic of the Congo, Conflict Affected Areas, OECD, IPSA,

CSRware is aligned with the SEC issue rule on Conflict Minerals pursuant to Dodd-Frank Section 1502, culminating in initial reporting due in 2014. Section 1502 deals with the use of four specific metals– tin, tantalum, tungsten and gold (3TG) – which are used in a wide range of consumer products across numerous industries. The purpose of the rule is to eliminate sourcing of these minerals from countries with genocidal practices.

Estimates suggest that 50% of all SEC issuers are impacted by this new rule. Also, a large number of privately held companies within issuers’ supply chains will be affected. Issuers’ will need to survey their supply chain to ensure compliance.

It’s amazing how pervasive conflict minerals are in our daily lives. Companies need to avoid sourcing from impacted areas while offering the same level of product value at a reasonable price. It can be done, but it requires attention.

 

Conflict Minerals Management Software

If you need a simple approach to get started, use our Conflict Minerals Management Software, out-of-the-box or leverage our flexible environment to adapt to your requirements. It offers a very simple distribution methodology allowing you to send questionnaires, manage email distribution with one-click, analyze results to address potential risk, drive corrective actions, and ensure compliance.

Under Section 1502 of the Dodd Frank Act, U.S. publicly traded companies are required to report annually on the use of conflict minerals in their products. Assessing your entire supply chain can be labor intensive and a time consuming process. With a conflict mineral software your can avoid managing unmanageable Excel spreadsheets while saving you time and your company money.
Products that do not contain minerals that directly or indirectly finance or benefit armed groups in the Democratic Republic of the Congo or an adjoining country. Source: 2010 United States legislation, Dodd-Frank Wall Street Reform and Consumer Protection Act, Section 1502.
A smelter or refiner is a company that procures and processes mineral ore, slag and/or materials from recycled or scrap sources into refined metal or metal containing intermediate products. The output can be pure (99.5% or greater) metals, powders, ingots, bars, grains, oxides or salts. The terms “smelter” and “refiner” are used interchangeably throughout various publications.
Tantalum, tin, tungsten, gold
It stands for a Reasonable Country of Origin (RCOI).  An RCOI inquiry is conducted to determine whether its in-scope 3TG content originated in the Democratic Republic of the Congo (DRC) or one of the cover countries or is from recycled or scrap sources.
The Organisation for Economic Co-operation and Development (OECD) includes a five-step framework companies can use to create a responsible supply chain.
IPSA is an Independent Private Sector Audit (IPSA) report.  An IPSA must assess the issuer’s due diligence framework from their Conflict Minerals Report (CMR) to see if conforms to the selected nationality or internationally recognized due diligence framework, such as the OECD’s ‘Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.’
Form SD (“Specialized Disclosure”) is used to capture specialized disclosure required by the implementation of Sections 1502 and 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank).