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Where your minerals come from matters. Learn more in our miniseries, Assent in Depth: The Congo | Cobalt & Your Supply Chain Risks. Watch Now
Automated Conflict Minerals Reporting
Conflict mineral regulations aim to thwart human rights violations in high-risk areas. Assent helps you see deeper and be smarter about sourcing your minerals.
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Overview
Conflict Minerals: The Risks of Non-Compliance
Conflict minerals sourced from conflict-affected locations directly contribute to ongoing violence and forced labor in these regions. Conflict minerals include tin, tungsten, tantalum, and gold (3TGs). The presence of these minerals in supply chains impacts investor interest, market access, reputational risk, and customer requirements.
‹ In a three-part mini-documentary series, Assent explores artisanal cobalt mining in the Democratic Republic of the Congo to show how manufacturers can take proactive steps toward responsible sourcing.
Our Customers
Assent has helped hundreds of companies. We’re proud to work with the following organizations.
Overview
Conflict Minerals Due Diligence
Manufacturers in scope of conflict minerals legislation use the Conflict Minerals Reporting Template (CMRT) to demonstrate due diligence and report annually on smelters and 3TG conflict minerals in their supply chains. This requires spending time and resources contacting suppliers and collecting data, which can be a challenge, as collecting information from suppliers deep in your supply chain is difficult. Assent automates CMRT data surveying to streamline this process.
Challenge
The Challenges of Conflict Minerals Legislation
Non-compliance with responsible minerals legislation creates several challenges, including:
- Economic loss: You could lose investors or contracts.
- Reputational damage: You could face bad PR as a result of conflict minerals and related risks such as forced labor.
- Supply chain issues: Conflict minerals in your products could create delays in material sourcing due to supply chain disruptions.
- Taking focus away from your people: In the event of a compliance challenge, staff will spend time addressing the issue instead of the jobs they were hired to do.
Learn more about recent enforcement actions that demonstrate why proactive compliance is a business must.
Featured Resource | Ebook
Conflict Minerals Handbook: Your Guide to Compliance
There’s increasing pressure on companies from consumers, industry, non-governmental organizations (NGOs), investors, and activists to file conflict minerals reports with the Securities and Exchange Commission (SEC). This eBook covers requirements under conflict minerals legislation, enforcement, and how to build a strong conflict minerals program.
Read the Ebook
Why Assent
The Assent Advantage
We’re the only supply chain sustainability management platform built specifically for complex manufacturers. Our solution is built on industry best practices, so you can manage data in a single platform across the company and build the missing foundation you need to mitigate hidden conflict minerals risks.
Solutions for Supply Chain ESG
Build a strong foundation with Assent’s supply chain solutions to meet your most challenging ESG demands.
Industry Solutions for Complex Manufacturing
Discover how our automated supply chain sustainability management solutions help complex manufacturers see deeper, be smarter, and grow better.
Conflict Minerals Resources
Browse related education, regulatory information, and expert-led webinars from our resource library and blog.
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From the Ground Up: Facing the Challenges of Upstream Validation in the DRC
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