To whom does the sec final rule or oecd due diligence guidance. This simplified guide explains the basics of due diligence in the supply chain of tin, tantalum, tungsten and gold from conflict affected and highrisk areas in africas great lakes region, in line with the oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas. This guidance is for use by any company potentially sourcing minerals or metals from conflict affected and highrisk areas. Organization for economic development oecd, oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas, oecd publishing, 2011. Chinese due diligence guidelines for responsible mineral. The oecd guidance encourages collaboration and cooperation of companies and the setting up of due diligence initiatives some advantages of collaborative initiatives.
The only reference framework mentioned is the due diligence guidance provided by the organization for economic cooperation and development oecd. The oecd due diligence guidance for responsible supply chains of minerals from conflictaffected. The internationally recognized oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas, has a broader scope and covers all minerals, not only 3tg. The chinese due diligence guidelines for responsible mineral supply chains have been drafted to be aligned and consistent with the oecd due diligence guidance on responsible supply chains of. The oecd guidance was written for all companies across the supply chain.
Click for more information on oecd due diligence guidance and the text itself. The oecd due diligence guidance for responsible mineral supply chains. The oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas is a nonbinding recommendations document for use by any company potentially. Oecd due diligence for conflict minerals in the supply chain. Oecd due diligence guidance for responsible supply chains. The oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas provides stepbystep management recommendations endorsed by governments for. The oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas, in its current version of may 2011, includes a supplement on tin, tantalum and. Mineral supply chain and conflict links in eastern drc, 2015 francais. The software provides the comprehensive platform for 5 step risk based. Oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas oecd guidance. Five practical steps to support sec conflict minerals.
Oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas isbn 9789264111189 20 2011 06 1 p. Jun 19, 20 conflict minerals in the eastern drc are generally defined including in us legislation and the oecd due diligence guidance for responsible mineral supply chains as cassiterite tin, coltan. Oecd due diligence guidance for responsible supply chains of minerals from con. May 03, 2016 just in time for those forms sd and conflict minerals reports, due may 31, the oecd has posted a new edition of the oecd due diligence guidance for responsible supply chains of minerals from. It covers all of the risks identified in annex ii of the oecd guidance. The chinese due diligence guidelines for responsible mineral supply chains have been drafted to be aligned and consistent with the oecd due diligence guidance on responsible supply chains of minerals from conflict affected and highrisk areas and relevant chinese. Oecd due diligence guidance for responsible supply.
The oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas a due diligence framework that was developed to enable companies to identify and manage conflict mineral risks in their supply chains. Its approach closely aligns with the oecd guidance to conduct supplier engagement and support due diligence at the supplier or product level in order to. The identified inscope suppliers must report on their progress through the. Just in time for those forms sd and conflict minerals reports, due may 31, the oecd has posted a new edition of the oecd due diligence guidance for responsible supply chains of minerals. Oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas in 2016, the oecd published the 3rd edition of its guidance for responsible supply chains of minerals from conflict affected and highrisk areas. Oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas 1. Nov, 2012 the due diligence measures must conform to a nationally or internationally recognized due diligence framework, such as the organisation for economic cooperation and developments due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas oecd due diligence guidance. Moog has developed strong due diligence measures that adhere to the oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas 2 nd edition. Cooperation builds capacity on due diligence, common risks and mitigation strategies costsharing when programmes take on specific due diligence tasks. The 3rd edition of the oecd due diligence guidance was published in april 2016. Oecd due diligence guidance for responsible supply chains of.
The eu conflict minerals regulation requires that importers follow the oecds due diligence guidance, which sets forth five steps. Oecd due diligence guidance for responsible mineral supply chains. The oecd guidance is global in scope, and applies to all mineral supply chains. In addition to software, suppliersoft provides turnkey offering where we can provide endtoend solution and take this off your plate.
Oecd issues new edition of oecd due diligence guidance on. Ibms due diligence measures for conflict minerals conform to the framework set forth in the organisation for economic cooperation and development oecd due diligence guidance for responsible supply chain of minerals from conflictaffected and highrisk areas. Over 110 upstream and downstream companies participated in the survey and six reports were produced. This topic is also addressed in the oecd due diligence guidance for responsible chains of minerals from conflictaffected and highrisk areas oecd due diligence guidance, as well as various national and international provisions, for example in the usa and in the european union. Sec adopts rule for disclosing use of conflict minerals.
Oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas the organisation for economic cooperation and development oecd has developed. It has been designed to conform in all material respects to the fivestep framework of the organisation for economic cooperation and development oecd due diligence guidance for responsible supply. The oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas hereafter the guidance is the first example of a collaborative governmentbacked multistakeholder initiative on responsible supply chain management of. Adopt a company policy regarding due diligence for supply chains of gold. Apr 29, 2017 oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas 1. As the international standard for mineral supply chains, the organisation for economic cooperation and development oecd due diligence guidance for responsible supply chains of. Companies requiring due diligence must use a nationally or internationally recognized standard such as the oecd guidance in order to meet their compliance and reporting obligations. The oecd due diligence guidance for responsible supply chains. The oecd is global in nature and covers all minerals, not just tin tantalum.
Oecd due diligence guidance for responsible mineral. The oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas provides stepbystep management recommendations endorsed. Leveraging the oecd due diligence guidance 200129 posted by wayne lo on january 8, 2020 featured the organisation for economic cooperation and development oecds fivestep framework empowers responsible minerals programs however, implementing these steps requires resources and expertise. State departmentis the most widely recognized standard for due diligence on conflict minerals. The oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas provides stepbystep management recommendations endorsed by governments for global responsible supply chains of minerals in order for companies to respect human rights and avoid contributing to conflict through their mineral or. The oecd conducted a 3t pilot survey in 2012 to assist companies implementing the due diligence guidance to learn from each others experiences and share best practices. This may be implemented through participation in industrydriven programs. Five practical steps to support sec conflict minerals disclosure. Refiners should adopt a gold supply chain policy which is consistent with the model policy set forth in annex ii of the oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas. Thaisarco is committed to addressing any annex ii risks if identified. Our work to date can be summarized in four categories.
Oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas in 2016, the oecd published the 3rd edition of its guidance for responsible supply. Micron also executes due diligence on the source and chain of custody of conflict minerals in its supply chain in conformance with the organization for economic cooperation and development due. The organization for economic cooperation and development oecd has set up the due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas. A 5step riskbased due diligence framework for all minerals from conflict affected and highrisk areas annex i 2.
The oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas provides stepbystep management recommendations endorsed by governments for global responsible supply chains of minerals in order for companies to respect human rights and avoid contributing to conflict through their mineral or. State departmentis the most widely recognized standard for due diligence on. Although the guidance is global in scope and applicable to all minerals, the oecds. Therefore, tin extracted from canada is considered drc conflictfree under the definitions of the sec rule. This guidance is for use by any company potentially. Oecd due diligence guidance for responsible mineral supply chains responsible business conduct unit investment division, directorate for financial and enterprise affairs 2. Leveraging the oecd due diligence guidance 200129 posted by wayne lo on january 8, 2020 featured the organisation for economic cooperation and. General overview of the oecd due diligence guidance structure. The oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas. Covid19 call to action for responsible mineral supply. The internationally recognized oecd due diligence guidance for responsible supply chains of. Supply chain due diligence the case of conflict minerals. Organization for economic development oecd, oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas, oecd publishing, 2011. It covers all of the risks identified in annex ii of the oecd guidance and its geographic scope is global.
However, we actively engage with our suppliers to promote responsible sourcing practices, and we conduct due diligence that is aligned with the organisation for economic cooperation and. Traceability refers to physical tracking of minerals at all points of the trading chain, from their mine of origin to their point of export. The organisation for economic cooperation and development oecd has released an updated edition of their oecd due diligence guidance for responsible supply chains of minerals from conflict. The oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas a due diligence framework that was developed to enable companies to identify and. Reasonable practices to identify sources of conflict minerals white paper amnesty international report on child labor responsible minerals initiative rmi conflict minerals reporting template ipoint. Consistent with our legal obligations and in furtherance of our desire to be a responsible corporate citizen.
The organization for economic cooperation and development oecd has set up the due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas. The oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas is a nonbinding recommendations document for use by any company potentially sourcing minerals or metals from conflict affected and highrisk areas. The key capabilities of the conflict minerals solution include. Common practices when implementing the oecd due diligence guidance, as identified by participants of the 3t downstream pilot implementation programme recommendation of the oecd council on due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas. Pdf oecd due diligence guidance for responsible supply. Oecd releases new version of due diligence guidance. Reasonable practices to identify sources of conflict minerals white paper amnesty international report on child labor responsible minerals initiative rmi conflict minerals reporting template ipoint conflict minerals platform itri tin supply chain initiative itsci london bullion market association lbma oecd due diligence guidance of minerals from conflict affected and highrisk areas oecd. A 5step riskbased due diligence framework for all minerals from conflictaffected and highrisk areas. The purpose of the framework is to provide guidance for due diligence as the. The oecd due diligence guidance provides detailed recommendations to help companies respect human rights and avoid contributing to conflict through their mineral purchasing decisions and practices. The organisation for economic cooperation and development oecd has released an updated edition of their oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas. May 10, 2016 as the international standard for mineral supply chains, the organisation for economic cooperation and development oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas the guidance translates the second pillar of the ungps, which elaborates the corporate responsibility to respect human rights, into an operational guide.
This topic is also addressed in the oecd due diligence guidance for responsible chains of minerals from conflictaffected and highrisk areas oecd due diligence guidance, as well as various. The oecd due diligence guidance for responsible supply. Recommendation of the oecd council on due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas. Companies requiring due diligence must use a nationally or internationally recognized standard such as the oecd. The software provides the comprehensive platform for 5 step risk based oecd due diligence guidance. Its approach closely aligns with the oecd guidance to conduct supplier engagement and support due diligence at the supplier or product level in order to identify the presence and origin of tin, tantalum, tungsten or gold in the supply chain. This guidance is for use by any company potentially sourcing minerals or metals from conflictaffected and highrisk areas. Common practices when implementing the oecd due diligence guidance, as identified by participants of the 3t downstream pilot implementation programme.
It has been designed to conform in all material respects to the fivestep framework of the organisation for economic cooperation and development oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas 2016 and related supplements the oecd due diligence guidance. This update clarifies the language used in the previous editions introduction. The oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas. The introductory section of the guidance as well as annex i fivestep framework for riskbased due diligence in the mineral supply chain, annex ii model supply chain policy for a responsible global supply chain of minerals from. The oecd due diligence provides detailed recommendations to help companies respect human rights and avoid contributing to conflict through their mineral. Oecd ilibrary oecd due diligence guidance for responsible. Pdf oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas author. The guidance provides detailed recommendations for due. Oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas oecd guidance. For example the oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas, the global standard on mineral supply chain responsibility. The oecd due diligence guidance for responsible supply chains of minerals from conflict affected and highrisk areas provides stepbystep management recommendations endorsed by governments for global responsible supply chains of all minerals, in order for companies to respect human rights and avoid contributing to conflict through their. Oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas. Moog has developed strong due diligence measures that adhere to the oecd due diligence guidance for responsible supply chains of minerals from conflictaffected and highrisk areas 2 nd edition.
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