The survey, conducted by PricewaterhouseCoopers, comes at the same time as a U.S. appeals court continues to weigh whether to strike down the conflict minerals rule after industry groups
Many Industry Sectors Unprepared for Conflict Minerals Rule USA Date: 1 Feb 2013 Content Type: Article PDF What& 39;s Needed: An Overview of Multi-Stakeholder and Industry Activities to Achieve Conflict-Free Minerals Date: 1 Jan 2013 Content Type: Article; View full story
The SEC’s conflict minerals rule stems from a provision in the 2010 Dodd-Frank Wall Street reform law. Human rights groups convinced lawmakers to tuck in the provision, in an effort to empower
A significant percentage of publicly traded electronics component manufacturers remain unprepared to comply with a new U.S. government mandate requiring the disclosure of conflict mineral use that goes into effect in four months, according to new information gathered by IHS.
A PwC survey shows that only 4% of the 700 companies polled across 15 industries said they have completed a draft of their SEC conflict minerals filings. US firms unprepared for upcoming conflict
Conflict minerals—those mined in conditions or armed conflict and human rights abuses—include tin, tantalum, tungsten and gold. These minerals are used in a wide range of components across the electronics supply chain, according to IHS.
With reporting requirements for the SEC& 39;s Dodd-Frank Conflict Minerals Rule due on May 31, 2014, a PwC survey of 900 executives conducted in the spring determined nearly half of them are still in the initial stages of their compliance, while 32% are still trying to figure out if the rule applies to them.
With only about 21 months remaining until publicly-traded U.S. component manufacturers are forced by law to disclose their usage of conflict minerals to the federal government, the industry
Conflict minerals include tin, tantalum, tungsten and gold the so-called "3TG minerals" . These conflict minerals are used in the manufacturing process of power electronics such as laptops, digital cameras and mobile phones, mostly for consumers in Western markets.
A recent expose by National Geographic explores the conflict regions of the Democratic Republic of the Congo and shows how conflict minerals have made their way into our everyday electronics.
The survey, conducted by PricewaterhouseCoopers, comes at the same time as a U.S. appeals court continues to weigh whether to strike down the conflict minerals rule after industry groups
A PwC survey shows that only 4% of the 700 companies polled across 15 industries said they have completed a draft of their SEC conflict minerals filings. US firms unprepared for upcoming conflict
Conflict minerals—those mined in conditions or armed conflict and human rights abuses—include tin, tantalum, tungsten and gold. These minerals are used in a wide range of components across the electronics supply chain, according to IHS.
With only about 21 months remaining until publicly-traded U.S. component manufacturers are forced by law to disclose their usage of conflict minerals to the federal government, the industry
“With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, given that about 90 percent of firms so far have not produced the data, declarations, or documentation that will help fulfill regulatory
Many Industry Sectors Unprepared for Conflict Minerals Rule USA Content type: Article Date: 1 Feb 2013 PDF What& 39;s Needed: An Overview of Multi-Stakeholder and Industry Activities to Achieve Conflict-Free Minerals Content type: Article Date: 1 Jan 2013
October 28, 2012. With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, given that about 90% of firms so far have not produced the data, declarations, or documentation that will help fulfill regulatory requirements detailing the presence of such
With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared.
Industry still unprepared for conflict minerals reporting. By Brian Fuller 04.19.2013 0. Share Post. Share on Facebook. Share on Twitter.
The new US legislation places the burden of responsibility on manufacturers, particularly of electronic goods, to egorically prove that they are not using minerals sourced from zones of conflict. The bill has caught some manufacturers unprepared, but others have jumped before they were pushed.
A PwC survey shows that only 4% of the 700 companies polled across 15 industries said they have completed a draft of their SEC conflict minerals filings. US firms unprepared for upcoming conflict
“With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, given that about 90 percent of firms so far have not produced the data, declarations, or documentation that will help fulfill regulatory
With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared.
October 28, 2012. With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, given that about 90% of firms so far have not produced the data, declarations, or documentation that will help fulfill regulatory requirements detailing the presence of such
Industry still unprepared for conflict minerals reporting. By Brian Fuller 04.19.2013 0. Share Post. Share on Facebook. Share on Twitter.
The new US legislation places the burden of responsibility on manufacturers, particularly of electronic goods, to egorically prove that they are not using minerals sourced from zones of conflict. The bill has caught some manufacturers unprepared, but others have jumped before they were pushed.
The Dodd-Frank Act, in the US, is a recent example of government action on corporations using conflict minerals. However, this article argues that the Dodd-Frank Act, and similar action in other countries, provides a very limited response to the illicit mineral trade.
With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, given that about 90 percent of firms so far have not produced the data, declarations, or documentation that will help fulfill regulatory requirements detailing the presence of such minerals in
The conflict minerals requirement was enacted as an add-on amendment/section to the Dodd-Frank Wall Street Reform and Consumer Protection Act. The conventional way would have been to form a congressional committee, hold public hearings to get input from affected parties, and then create a stand-alone conflict minerals law for a congressional vote.
Develop a conflict minerals strategy. Define how your company will respond to the supply chain risks associated with conflict minerals, and which senior manager and department will oversee and execute the strategy. Set a plan for monitoring, tracking and reporting conflict minerals and their related risks. 4. Set auditing practices.
Industry still unprepared for conflict minerals reporting. By Brian Fuller 04.19.2013 0. Share Post. Share on Facebook. Share on Twitter.
With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared.
The Dodd-Frank Act, in the US, is a recent example of government action on corporations using conflict minerals. However, this article argues that the Dodd-Frank Act, and similar action in other countries, provides a very limited response to the illicit mineral trade.
Second, conflict minerals are a widespread issue: one in every five weak states is considered mineral-dependent minerals represent at least 25% of their exports xiv . Mineral-dependent fragile states include the Democratic Republic of the Congo DRC , Guinea, Central African Republic, Georgia, Somalia, and Zimbabwe among several others xv .
With only about 21 months remaining until publicly-traded U.S. component manufacturers must disclose their usage of conflict minerals to the federal government, the industry appears to be unprepared, given that about 90 percent of firms so far have not produced the data, declarations, or documentation that will help fulfill regulatory requirements detailing the presence of such minerals in
Nearly half of the 162 firms from five global geographical regions 42 percent "professed uncertainty on what to do, or appear unprepared for the May 2014 deadline on conflict minerals," the firm noted in a public statement.
When refined or extracted the conflict minerals become gold, tin, tantalum, or tungsten and are components used various consumer and industrial electronics and other goods, including cell phones, computers, and televisions. The legislation also called for a study of the use of conflict minerals in the supply chain of private companies.
Greenpeace praises Apple for reducing use of conflict minerals – February 13, The U.S. recently elected the most unprepared POTUS in history. The results are unlikely to be good. Herself
The IHS ISuppli survey queried 134 electronics industry managers participating in an April 9 webinar to rank their preparedness on a scale of 1 to 5. prepared and 5 being "all systems go for
The firm has been gathering information on conflict minerals for more than two years from a database on more than 300 million electronic, electromechanical and fastener components used in
Second, conflict minerals are a widespread issue: one in every five weak states is considered mineral-dependent minerals represent at least 25% of their exports xiv . Mineral-dependent fragile states include the Democratic Republic of the Congo DRC , Guinea, Central African Republic, Georgia, Somalia, and Zimbabwe among several others xv .
More than one-third of electronics industry managers who participated in a recent IHS ISuppli survey say their companies have yet to begin the process of complying with the Securities and Exchange
Nearly half of the 162 firms from five global geographical regions 42 percent "professed uncertainty on what to do, or appear unprepared for the May 2014 deadline on conflict minerals," the firm noted in a public statement.
Greenpeace praises Apple for reducing use of conflict minerals – February 13, The U.S. recently elected the most unprepared POTUS in history. The results are unlikely to be good. Herself
Global financial markets don& 39;t pay much attention to the conflict in the Democratic Republic of Congo. They should. The central African country produces about half of the world’s tin, tungsten
Companies unprepared for conflict minerals rule, U.S. court ruling looms – by Sarah N. Lynch Reuters India – April 9, 2014 April 9, 2014 in Conflict Minerals , International Media Resource Articles
Wall Street Journal, Electronic Makers Unprepared for “Conflict Mineral” Rules, 25 October 2012. Wolk A. Advancing Social Entrepreneurship: Recommendations for Policy Makers and Government Agencies Aspen Institute, April 2008.
12 The Conflict Minerals Regulation provides an interesting example in this regard. While all businesses bear a responsibility to respect human rights, it is crucial that steps be reasonable and commensurate to the capacity, resources and leverage of a given business. This is particularly the case for SMEs. Any EU-wide legislative
Global financial markets don& 39;t pay much attention to the conflict in the Democratic Republic of Congo. They should. The central African country produces about half of the world& 39;s tin, tungsten and cobalt output and about three percent of the world& 39;s copper and gold, according to the US Geological Survey.Get latest Economy online at cnbctv18.com
So you know, the up and coming DTC retailers. The types of projects that I& 39;ve worked on in the past, you know, everything from social issues like human rights abuses, and supply chains to conflict minerals, human trafficking, and then, of course, a number of environmental issues around the energy, water waste, material use, etc.
Second, conflict minerals are a widespread issue: one in every five weak states is considered mineral-dependent minerals represent at least 25% of their exports xiv . Mineral-dependent fragile states include the Democratic Republic of the Congo DRC , Guinea, Central African Republic, Georgia, Somalia, and Zimbabwe among several others xv .
Greenpeace praises Apple for reducing use of conflict minerals – February 13, The U.S. recently elected the most unprepared POTUS in history. The results are unlikely to be good. Herself
Nearly half of the 162 firms from five global geographical regions 42 percent "professed uncertainty on what to do, or appear unprepared for the May 2014 deadline on conflict minerals," the firm noted in a public statement.
Conflict Minerals Rule - Lessons Learned Dodd-Frank Quick Hits – Conflict Minerals Newsletter Volume 8 February 2013 This newsletter, published by Americas’ FS Regulatory Center of Excellence CoE , is intended to provide an overview of key aspects concerning the Conflict Minerals provision Section 1502 of the
Jason Busch: How prepared are most companies to tackle conflict minerals compliance based on what you heard and saw? This group seems most unprepared as a general rule.”
Companies unprepared for conflict minerals rule, U.S. court ruling looms – by Sarah N. Lynch Reuters India – April 9, 2014 April 9, 2014 in Conflict Minerals , International Media Resource Articles
Wall Street Journal, Electronic Makers Unprepared for “Conflict Mineral” Rules, 25 October 2012. Wolk A. Advancing Social Entrepreneurship: Recommendations for Policy Makers and Government Agencies Aspen Institute, April 2008.
In 2012, this would amount to $93 million worth of tantalum in smartphones alone. The firm has been gathering information on conflict minerals for more than two years from a database on more than 300 million electronic, electromechanical and fastener components used in commercial and military appli ions. $24 Trillion Mineral Wealth
Global financial markets don& 39;t pay much attention to the conflict in the Democratic Republic of Congo. They should. The central African country produces about half of the world& 39;s tin, tungsten and cobalt output and about three percent of the world& 39;s copper and gold, according to the US Geological Survey.Get latest Economy online at cnbctv18.com
So you know, the up and coming DTC retailers. The types of projects that I& 39;ve worked on in the past, you know, everything from social issues like human rights abuses, and supply chains to conflict minerals, human trafficking, and then, of course, a number of environmental issues around the energy, water waste, material use, etc.
