04 Jul '12, 4pm

Companies show willingness to police suppliers on conflict minerals

Companies show willingness to police suppliers on conflict minerals

I was recently in Paris at the Organization for Economic Cooperation and Development (OECD), helping to facilitate the third meeting that it, with the International Conference on the Great Lakes Region (ICGLR) and the UN Group of Experts on the Democratic Republic of the Congo (DRC), hosted on the due diligence efforts that companies are implementing on conflict minerals—tin, tantalum, tungsten, and gold. In June, the OECD was scheduled to release progress reports on the efforts of the implementation project for its five-step Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas . Currently, companies face practical challenges in implementing due diligence. For example, on-the-ground traceability schemes for minerals in the region are not fully in place, and supply chain transparency is murky at best. However, companies...

Full article: http://www.greenbiz.com/blog/2012/07/03/companies-police-...

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