The SEC’s conflict mineral rule requires US-listed companies to disclose whether their products contain certain metals (tin, tantalum, tungsten, or gold) and whether these metals originate from rebel-held mines which are funding armed conflict in the Democratic Republic of the Congo (DRC) region. As most SEC reporting companies prepare to file “DRC conflict undeterminable” on 31 May 2014 for the 2013 reporting period, the BOMcheck Industry Steering Group has launched the world’s most advanced conflict minerals web database system to prepare for the 2015 reporting period when large SEC reporting companies must file “DRC conflict free” or “Not DRC conflict free”. Join one of the free webinars on March 6 at 9.00am https://www1.gotomeeting.com/register/162262177 Central European Time or 11.00am US Eastern Time to see a detailed demonstration. https://www1.gotomeeting.com/register/604737240
Extensive feedback on data management challenges with other web platforms has helped industry develop the first web database which:
- Provides one integrated tool for suppliers to upload their EICC GeSI Conflict Minerals Reporting Templates at the part level or company level at the same time as they publish materials declarations for RoHS, REACH and other regulated substances. No need to re-type data into another web tool.
- Validates the data in the supplier’s EICC GeSI Conflict Minerals Reporting Template and provides immediate detailed feedback to help the supplier correct any data validation errors which are preventing upload. This saves time and cost for suppliers and manufacturers.
- Works in partnership with the Conflict-Free Sourcing Initiative to validate any new smelters which suppliers identify so that they can be added to the smelter list and invited to join the Conflict-Free Smelter Program.
- Enables manufacturers to leverage the Conflict-Free Smelter Program and the upcoming EU Responsible Sourcing Regulations to work towards “DRC conflict free” status by 2015.
For more information, visit EnvironCorp for more information.
