Companies are undertaking information governance initiatives to adhere to numerous regulatory compliance rulings introduced by governments around the world. One such initiative is the Dodd-Frank Conflict Minerals Rule. This was introduced in North America to try and minimise the sourcing of Tin, Tungsten, Tantalum and Gold (known as 3TG minerals) from the Democratic Republic of Congo where they are used to part fund activities across rebel groups in the country. The Dodd-Frank Conflict Minerals Rule was introduced to provide a way of identifying the source of 3TG minerals before they enter production processes around the world.
Even though the rule was introduced to help North American companies report to the Securities and Exchange Commission (SEC) each year, any company around the world who works with a US company that has to complete an SEC filing could be asked to prove that they do not use conflict minerals across their supply chain. Other regions such as Europe are also reviewing how they can implement their own version of the conflict minerals ruling.
Mark Morley, Industry Marketing Director, reviews the new conflict mineral rule and will:
- Provide an overview of how the new rule is being introduced
- Review how different industries are preparing for the conflict minerals reporting process
- Describe how to implement an assessment process to identify conflict minerals usage across a supply chain
- Explain how cloud based community management tools can help with the reporting process