Conflict mineral compliance
Your company knows it has to prepare a report for conflict minerals compliance. 2013 is the first reporting year, with reports due May 2014. You might be a little behind schedule and not be sure how to proceed.
First of all, does your company definitely have to file? Is there a realistic way to collect information from suppliers? If your smaller upstream distributors don't have to disclose their conflict minerals yet (and they don't), how are you supposed to get information about your supply chain from them? And is it possible to automate the collection of conflict mineral related data from suppliers, and store it in a central data warehouse? Can this be done without revealing details about a Bill of Material (BOM) or about the identities of your suppliers?
Enterprises today see a strategic advantage in keeping supply chain information private. That's why they turn to Actio for the fully integrated Conflict Mineral Regulatory Compliance Solution. Sign up using the form on the right hand side of this page if you'd like to speak with a representative to learn more, or read on to get more information first.
Conflict mineral compliance reference tools—
Reference tools (no charge) to help you with compliance are here. Please use them. However, keep in mind that a brief conversation with an Actio expert can save time. One-on-one provides an opportunity to share unpublished insight specific to your situation. So feel free to contact us to discuss your unique circumstance.
The toughest part of the US Securities and Exchange Commission (SEC) conflict mineral compliance may well be communicating regularly and reliably with stakeholders – internally and in the supply chain network – about raw materials at the substance level and their origins.
Another challenge is protecting the strategic advantage of your supplier network, thus keeping identities of suppliers, and data they provide, confidential.
The Actio solution handles these issues in one powerful, proven platform.
Secure, award-winning Material Disclosure software has been lauded by Gartner and others – for example, by a panel of independent judges comparing products for Environmental Leader. Analysts and judges from Fortune 100 companies studied the product in depth and evangelized the benefits. With Actio, companies can protect trade secrets, and protect the identities of their suppliers, while managing governance and risk assessment associated with substances of concern in a global supply chain.
Not only does the Actio system keep valuable supply chain information private only to you, but it ensures your compliance with hundreds of other regulations beyond conflict mineral rules.
Compliance with REACH, RoHS, WEEE and any other regulation concerning the declaration of a chemical-substance in a supply chain follows naturally from tracking substances and their origins for conflict mineral compliance.
The Actio system is a fully integrated risk management platform solution — integrating Conflict-Minerals-specific data management with other regulatory compliance opportunities around the world, including custom declarable lists and lists particular to your industry. Find out more today.
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