Industry Still Unprepared for Conflict Minerals Reporting

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Sparky the Wonder Cat
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Stock Keeper
about Privately Held Compliance
Sparky the Wonder Cat   4/23/2013 5:22:26 PM
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"The deadline for compliance is May 2014, and it only involves publicly traded companies."




 

True-enough: My company is privately held so it's just between me and my conscience.

 
  • Or is-it?

 

Fact-is, most of my clients are publicly-traded, so they're affected by the SEC's ruling. That means they're going to burden their suppliers to be likewise compliant, regardless of their suppliers' ownership status.

So if I don't want to lose my publicly traded customers business, I'd best be certifiably Conflict Mineral-Free.

- Sparky

 


 

 

Taras Berezowsky
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Stock Keeper
Re: unclear
Taras Berezowsky   4/23/2013 2:48:08 PM
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Dear FlyingScot, 

You're definitely not alone – chances are, many other individuals and companies are in your position. If you work for a manufacturer, I'd suggest checking out MetalMiner (in addition to EBN's excellent resources).

On that site, you'll find articles and whitepapers geared SPECIFICALLY toward compliance solutions for manufacturers who buy metals containing conflict minerals. MetalMiner is even hosting a one-of-a-kind conference on May 6 designed to get the proper tools in manufacturers' hands.

Best of luck!

FLYINGSCOT
User Rank
Supply Network Guru
unclear
FLYINGSCOT   4/21/2013 4:05:35 PM
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I must admit I am not too familiar with this initiative.  However I will read the articles as they come out and try to learn more about it.  Compliance is only a year or so away and that does not sound like a load of time to get to grips with this and get all the compliance ducks in a row.



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