A Complete EU Conflict Minerals Solution
As of January 1, 2021, the EU requires due diligence be reported on 3TG in your supply chain. As the leading solution provider for conflict minerals compliance, we closely monitored the evolution of the EU conflict minerals legislation. Beyond our involvement with the legislation development, we paid close attention to the details of the legislation and have prepared our industry leading US conflict minerals platform to have a smooth integration with the unique attributes of the EU conflict minerals legislation.
Automated Data Collection
Comprehensive Smelter Analysis And RCOI Due Diligence
Downstream Customer Reporting
24/7/365 Supplier Engagement And Support
Benefits Of Our EU Conflict Minerals Solution
Intelligent Product Filtering
Many times companies don’t have complete or accurate lists of their suppliers. Our database and AI technology allow us to provide and clean your supplier lists, leading to a more accurate report.
Risk Due Diligence
We identify the potential risk associated with the data collected and increase your supplier engagement rate with our 24/7 multilingual supplier support team.
Data Assurance And Assessment
Supplier alias assessments, AI-powered document verification, and our supplier engagement team ensure your supply chain performance that can be substantiated with accurate information.
Dynamic Reporting
Our platform rolls up your data into complete, consistent documents that detail the efforts made by all parties, and offer comprehensive compliance information.
Who Is In Scope of Mandatory Reporting?
The European Commission, European Parliament, and the European Union Council reached a political understanding on the EU legislation on trade in 3TG. The primary objective of the legislation is to bring importers of 3TG in line with the OECD Due Diligence Guidelines for Responsible Sourcing.
While the due diligence and reporting is weighted on upstream importers, engagement from all members of the supply chain will be required. The EU believes this model of reporting is far more efficient and approachable for companies who are in scope of the regulation.
What Is The Difference Between US And EU Conflict Minerals Legislation?
The EU policy largely draws from Dodd-Frank 1502 but also shows more determination to promote transparent and sustainable trade with more high-risk areas included, not just the DRC and covered countries. EU Regulation on conflict minerals differentiates upstream and downstream companies and expects compliance at different levels or requirements. To assess their supply chain, companies have to follow a 5-step framework as laid out by the Organisation for Economic Co-operation and Development (OECD).
Discover What Our Automated Due Diligence Solution Can Do For You.
Want to Learn More? Check Out Our Resources on EU Conflict Minerals.
EU Conflict Minerals - When, What And How To Comply
What You Need To Know For EU Conflict Minerals Compliance
Guide To EU Conflict Minerals Compliance