Supply Chains Response to Conflict Minerals: EU 'Conflict Minerals' Regulation Overview and Due Diligence Solution >
new EU 'Conflict Minerals' Regulation (2017/821) is committed to the use of forced labor in mineral mining in politically unstable areas. These minerals such as tin, tantalum, tungsten and gold are often sold to finance illegal activities such as the purchase of weapons and can find their way in mobile phones, cars and vehicles, jewelry.
EU importers should review their purchases to ensure that they are not produced in a way that funds disputes or other related illegal activities. Under this regulation, importers must comply the 5) in a document called "span style="font-family: 'MS Gothic'; mso-bidi-font-family: 'MS Gothic';" > is stipulated to follow the ' Due Diligence Guidance for Responsible Supply Chains from Conflict and High-Risk Areas (OECD) guidance). These steps are as follows:
- Establish a strong corporate management system
- supply chain
Design and implement strategies to address the identified risks > - Conduct an independent third-party audit of supply chain due diligence
- Supply Chain due diligence
ComplyMarket can help:
ComplyMarket is an intelligent IT for supply chain sustainability, chemical and product compliance management. and ComplyDoC to collect information from suppliers. ComplyDoC We can help you:
- establish a strong corporate management system
- Identifying and assessing risks in the supply chain
- identified risks
- supply chain due diligence
- Supports annual reporting on supply chain due diligence.