Conflict Minerals: Supplier Communications

Industry is ramping up efforts to comply with the Dodd-Frank Act’s conflict minerals requirements and the SEC’s final rules on the topic.  Examples of supplier communications are beginning to appear in the public domain.  Phillips has sent this letter to its suppliers. Flextronics has impressive supplier training materials.  The American Apparel and Footwear Association has posted these materials with sample forms at the end.

The foregoing examples uniformly rely on a template created by the Electronic Industry Citizenship Coalition (EICC) and the Global e-Sustainability Initiative (GeSI) as a common means for the collection of sourcing information related to conflict minerals.  The EICC and GeSI is a joint working group aims to enable companies to source conflict-free minerals.  There is even this YouTube video on how to get started in completing the template.

Check dodd-frank.com frequently for updated information on the JOBS Act, the Dodd-Frank Act and other important securities law matters.

Published In: Energy & Utilities Updates, International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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