What are considered conflict minerals?
These so-called ‘conflict minerals’ such as tin, tungsten, tantalum and gold, also referred to as 3TG, can be used in everyday products such as mobile phones and cars or in jewellery. It is difficult for consumers to know if a product they have bought is funding violence, human rights abuses or other crimes overseas.
Who has to report on conflict minerals?
Per the SEC final rule, a company that is required to provide a conflict minerals report only is required to report on “the efforts to determine the mine or location of origin with the greatest possible specificity” for only those products/product categories that have not been described as “DRC conflict free.” …
Does Apple still use conflict minerals?
Apple continues to use the RRA on a targeted basis to assess risks in its global supply chain, with a particular focus on new smelters and refiners that enter its supply chain and on additional minerals beyond 3TG.
Is your company required to file an annual conflict minerals disclosure with the SEC?
Under these regulations, publicly traded companies are required to submit an annual conflict minerals disclosure report by filing paperwork called a “Form SD” to the SEC. Whether conflict minerals are found or not, the company must also disclose its findings publicly on its website.
What is Walmart’s conflict minerals program?
By holding product suppliers accountable for the principles in this policy, Walmart believes its conflict minerals program will help drive necessary transparency in the supply chain and further the ultimate goal of ending armed conflict in the DRC.
Which brands are doing the least to fight conflict minerals?
Overall, 11 companies, including some of the world’s most recognized brands like Neiman Marcus, Sears, and Walmart were ranked in the red, indicating they were making little effort to combat the trade in conflict minerals from Congo.
Which brands are leading the way in conflict-free sourcing?
Apple is clear leader in supporting a conflict-free minerals trade; Walmart, Sears and Neiman Marcus are ranked worst; Rankings show steady advances on conflict-free sourcing from Congo, but urgent need for more action to ensure products aren’t linked to mass atrocities and human rights abuses
How does Walmart comply with the law in other countries?
Governments have the responsibility to protect and uphold human rights of their citizens. Walmart respects those human rights and complies with the laws of the countries in which we operate. We expect our associates, suppliers, contractors and others within our sphere of influence to act accordingly.