The 2010 conflict mineral legislation mandates organizations to collect supplier data for sourcing materials, including tantalum, tin, tungsten, and gold (3TG), considered conflict minerals. The session focused on the organization's journey, from the initial phase of the conflict minerals journey to their ongoing process of responsibly sourcing minerals. Here are the key highlights summarized for your convenience.
• Developed tools and processes to collect sourcing data more effectively, which is then reported through the standardized conflict mineral reporting template (CMRT)
• Leveraged 3TG processes to address gaps in cobalt and mica sourcing and reported through the Extended Materials Reporting Template (EMRT)
• Identified critical raw materials, including rare earth elements, which were connected to reporting requirements of the Digital Product Passport (DPP).
• Designed a Pilot Reporting Template (PRT) to help companies assess their supply chains and identify the presence of specific minerals other than 3TG, mica & cobalt and to comply with the various regulatory requirements.
There is a transition from identifying the source of conflict minerals to responsibly sourcing any materials by diligently tracking the supply chain. This is not just about identifying the source of minerals but also the producers, their methods, and transportation in the upstream process.
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