Offering a rich, transparent audit trail of all processes, communication and collateral of your conflict minerals campaign. Conflict minerals reporting laws require transparency and disclosure of conflict minerals used in products for both inhouse and supplied product parts, as well as the smelters used in conflict minerals processing. Minespiders blockchain software solves conflict minerals tracking may 29, 2019 often referred to as conflict minerals, the path from mine to industrial mill is not a simple one and companies looking to procure these metals face a difficult challenge. Minespiders blockchain software solves conflict minerals. Tracing conflict minerals proves elusive and expensive. Tracking tantalums path from mine to miniature electronics is difficult.
Be sure to download the new harvest tracker app for the ability to control your gt 560 from your smart phone or tablet. Declarations by part number, package configuration, or assembly site are not available. Three ways for companies to ditch conflict minerals. To take full advantage of your digistar harvest tracking system enter your trucks and field names into the software and save it to your usb to upload it into your digistar indicator. Minespiders blockchain software solves conflict minerals tracking. Can i accept that and declare that my supply chain is free of conflict minerals. These conflict minerals cassiterite, wolframite, coltan and gold are mined in the drc by various rebel groups and those who, generally speaking, do not bind themselves to any threshold of human rights.
The regulation was introduced to try and minimize the amount of conflict minerals entering global supply. Navigating conflict minerals rules in the tantalum. Blockchain systems create new potential for transparency in. On august 22, 2012, the securities and exchange commission sec adopted a new rule and form, as mandated by section 1502 of the doddfrank wall street reform and consumer protection act doddfrank act, to require companies to publicly disclose their use of conflict. If you require conflict minerals data, please contact environmental.
Some companies are turning to regulatory authorities and organizations that make efforts to keep track of the conflict minerals supply chain. I have followed this regulation since it was introduced and you can learn more about it from an earlier blog. The ipoint conflict minerals software platform ensures compliance with conflict. The compliance software and data management solution automates supply chain communications and data collection processes. But for the first time it also publicly listed its supply chains smelters according to their conflictfree status. Initiate, manage, and use your supply chain communication for your cm reporting the free trial has no hidden fees or setup costs. While planar is not subject to sec reporting requirements, it recognizes that many of its customers are and is supportive of their efforts to comply with the law.
The compliance map offers environmental compliance and ehs reporting software to help manage rohs, reach and conflict minerals compliance obligations. Join the market leader for conflict minerals compliance software solutions. Riskbased approach applying riskbased methods to evaluate the due diligence data collected through the tracing process generates information useful to sourcing and procurement decisionmaking. The democratic republic of the congo, scene of the deadliest conflict since world war ii, remains the most dangerous place in the world to be a woman or a girlin significant part because of the international demand for electronic products that requires minerals found in the eastern congo. Practical guidance for downstream companies the conflictfree sourcing initiative this.
Call or contact us today to learn more about this software solution. Practical guidance for downstream companies the conflict free sourcing initiative this. Gensuite supplier management software enhances clientsupplier relationships to promote responsible sourcing practices while driving organizational goals and. Tracking conflict minerals is a difficult challenge for companies to comply with regulations.
Our conflict minerals software platform ipcmp and our conflict minerals consulting services, combine to offer an integrated, single solution for the whole supply chain. The conflict minerals reporting template cmrt is a free, standardized reporting template developed by the responsible minerals initiative rmi and is considered the industry standard reporting template for conflict minerals compliance. Source 44 has developed a cost effective riskbased approach for assessing the potential for conflict mineral use in a companys supply chain. Blockchain systems create new potential for transparency. The compliance software and data management solution automates supply chain. A comprehensive approach to congos conflict minerals. Could blockchain improve conflict minerals traceability. This regulates the import and use of conflict minerals coming from the democratic republic of congo and its adjoining countries. Csrware keeps conflict minerals management simple by removing the technical complexity so you can focus on the performance insights that matter most to your company. Conflict minerals that are outside the supply chain prior to jan. Environmental compliance software ehs reporting rohs solutions. This enables you to efficiently manage conflict mineralsrelated data and report creation in a seamless process.
Easier to convert the data to the most recent cmrt version, as long as the software solution uses the template. With tens of thousands of registered companies, ipoint has secured its position as the market leader for conflict minerals compliance software solutions. Nov, 2012 division of corporation finance conflict minerals disclosure a small entity compliance guide 1 introduction. Navigating conflict minerals rules in the tantalum capacitor market. Helps companies determine and track the origin of conflict minerals.
Some of my suppliers are sending me their conflict minerals policy and one page declaration saying that they are conflict minerals free. Companies must track which suppliers have been asked to provide the conflicts minerals reporting template, how many have received the request, how many have responded and which responses are past due. The company also refrained from the quickandeasy approach of simply divesting from the drc and surrounding countries, taking. If we discover that the use of any of these conflict minerals by flowserve is found to originate from the covered countries, from sources that are not deemed conflict free, we will take actions to transition toward a conflict free status. Supplier management software supplier risk management. Various industry and trade associations are also monitoring developments in conflict minerals laws and traceability frameworks.
Far better would have been apples elimination of conflict minerals from its products, but at least apples announcement will encourage more companies and consumers to demand visibility of conflict minerals and their eradication. When this is manually managed through email and spreadsheets, tracking this information becomes difficult. Digistar is an international provider of measuring solutions for optimizing agricultural performance. Conflict minerals management software fulfills requirements for sec disclosure by adhering to the eicc gesi global esustainability initiative cmrt conflict minerals reporting template ipc1755 organized framework. Conflict minerals compliance software ipointsystems gmbh. An effective way for companies to track conflict minerals in their supply chains is to develop programs that track the source of materials. Some of these are needed for the functionality of the site, while others allow us to improve your user experience on our site through anonymous statistics.
Microchip declares conflict minerals at company level for all integrated circuits manufactured by microchip technology and all whollyowned integrated circuit subsidiaries. The dodd frank sec conflict minerals legislation requires companies to comprehend and subsequently disclose the use of minerals 3tg in conflict areas such as the drc in order to protect human rights in the supply chain. Gensuite supplier management software enhances clientsupplier relationships to promote responsible sourcing practices while driving organizational goals and initiatives. This enables you to efficiently manage conflict minerals related data and report creation in a seamless process. Solution conflict minerals platform ipoint conflict minerals platform. Our conflict minerals compliance program has helped thousands of companies with conflict minerals and comprehensive supply chain transparency. With just one year to go before stricter reporting is required by the securities and exchange commission, many companies are still struggling to trace their sources for metals such as gold, tungsten, tantalum and tin, according to an analysis of reports submitted for the most. Tracking and eliminating the use of conflict minerals cant be that hard, right. The conflict minerals regulation is a global standard for ethical sourcing. Turning to software to identify conflict minerals in the supply chain. The company added that if it becomes aware of conflict minerals procurement from a source, it would take steps to eliminate the use of that supplier.
From conflict minerals to fair labor practices and sustainability, responsible sourcing has become increasingly vital to organizational success. One of the most significant regulations relates to conflict minerals traceability which was introduced in north america in 2014. May 27, 2019 providing companies with innovative and efficient methods of tracking conflict minerals, such as through the blockchain, could encourage large corporations and coalitions to more readily disclose information regarding conflict mineral tracking. The electronics industry has known about conflict minerals for many years. The conflict minerals module in greendata manager software generates conflict. We offer suitable licenses depending on your companys size and reporting requirements. The metals affected by this legislation include tantalum, tungsten, tin and gold. Supply chain compliance made easy source intelligence. That effort aimed to exclude conflict diamonds from the international market by establishing stringent standards before rough diamonds could be certified as conflictfree and shipped. Teamcenter can help you track conflict minerals used in products, and. That effort aimed to exclude conflict diamonds from the international market by establishing stringent standards before rough diamonds could be certified as conflict free and shipped. This prompts us to conduct an ongoing process of gathering information from our suppliers to ensure that the minerals used in these components originate from outside the conflict region, or if the origin is within the conflict region, that the smelters or mines have been certified as conflict free.
This animated video explains the importance of the us dodd frank act sec. Leverage your plm system to track conflict minerals. It was one of the biggest movies of 2006, and sparked a global conversation about conflict minerals, and the exorbitant price consumers are willing to pay for these rare commodities. Reasonable practices to identify sources of conflict minerals. Sites such as and are already explicitly tracking conflict minerals policies. Conflict minerals compliance source intelligence cmrts. Conflict minerals basic license test the extended premium functionalities of the leading conflict minerals software for free. Disclosing conflict minerals activities is a routine practice for companies that prepare cmrs and the form 10k. Microchip does not support conflict minerals declarations via internet portals. We can help you comply with the doddfrank conflict minerals regulation and. The clock for corporates looking to get a handle on supply chain conflict minerals is starting to tick much louder. Intel took a rigorous approach to the issue, tracking down the source of its minerals and engaging in a thirdparty audit of all its smelters.
Ramping up conflict minerals rule compliance conflict. Conflict minerals awareness data and analysis ihs markit. For more information on the open questions created by the new rules, a briefing on the industry group lawsuit challenging the new rules and an update on state, local and private conflict minerals initiatives, please see our companion client alert. According to a united nations security council report filed in 2016, it was found that. In 20, ibm and other members of the electronic industry citizenship coalition eicc, in conjunction with the global esustainability initiative gesi supply chain work group and companies from other sectors outside electronics, continued working to achieve a supply chain free of democratic republic of congo drc conflict regionoriginated minerals. Pec modules conflict minerals compliance software why choose us the dodd frank sec conflict minerals legislation requires companies to comprehend and subsequently disclose the use of minerals 3tg in conflict areas such as the drc in order to protect human rights in the supply chain. Beef tracker works in conjunction with the scales on your feed mixer wagontruck and allows you to accurately and easily collect and manage feedlot nutrition.
The conflict minerals reporting template cmrt is a free, standardized reporting template developed by the responsible minerals initiative rmi and is considered the industry standard reporting template for. Current systems of verifying ore shipments mimic the kimberley process that quelled the blood diamond trade. Conflict minerals compliance software reporting solutions. While it may seem easy to make sure your company isnt using minerals from mines in areas of conflict, the hard part is. Conflict minerals compliance software ipointsystems. Over 300,000 companies around the world trust source intelligence to exchange information, roll up data for their customers, run due diligence programs for compliance requirements, and much more source intelligence is where compliance happens. With the second filing period nearing its close for conflict minerals compliance under us doddfrank act section 1502 known as the conflict minerals rule many businesses have become aware that their current system for tracking substances and smelters is not working. Actios conflict minerals tracking program provides compliance, audit and analysis for risk. Moreover, fairphone foundation raises awareness of conflict minerals in the mobile industry and is a company which tries to produce a smart phone with fair conditions along the supply chain. Conflict minerals, as defined by the us legislation, currently include the metals tantalum, tin, tungsten and gold, which are the derivatives of the minerals cassiterite, columbitetantalite and wolframite, respectively. Often referred to as conflict minerals, the path from mine to industrial mill is not a simple one and companies looking to procure these metals face a difficult challenge. The rule was adopted by the securities and exchange commission the sec to. Navigating conflict minerals rules in the tantalum capacitor.
Teamcenter can help you track conflict minerals used in products, and report on them to stay compliant. Tracking each stage of that process is complicated. The conflict mineral module, part of the assent compliance corporate social responsibility suite, facilitates compliance with evolving global conflict mineral regulations. Jul 14, 2015 under the doddfrank act, public companies in the us now must report to the securities exchange commission sec their use of socalled conflict minerals, in an attempt to weed out illicit trade of the minerals that produce tin, tungsten, tantalum, and gold and which funds warlords in the democ. Providing companies with innovative and efficient methods of tracking conflict minerals, such as through the blockchain, could encourage large corporations and coalitions to more readily disclose information regarding conflict mineral tracking. Conflict minerals compliance tracking progam actio. The first stage used custom software and an electron microscope to analyze. Why arent more tech companies tracking conflict minerals. Tracking conflict minerals in congo inside science. Circulor started by focusing on a particularly challenging problem. Compliance map offers solutions to educate your suppliers. When suppliers respond with the cmrt spreadsheet, validating supplier response can be difficult.
The minerals trade is not the root cause but one of many factors perpetuating the conflict, according to a september 2010 report by the us government accounting office. Turning to software to identify conflict minerals in the. The conflict mineral module, part of the assent compliance corporate social. Conflict minerals report for the year ended december 31, 2018 this report for the year ended december 31, 2018 is presented to comply with rule p1 under the securities exchange act of 1934, as amended the rule. Vodafone is a member of the rmi and the companys unique rmi membership identity code is. The ipoint conflict minerals software platform ensures compliance with conflict minerals regulations in the usa and eu.
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