Conflict Minerals Compliance
Navigating 3TG Regulations and Empowering Responsible Sourcing
case study
Responsible sourcing is an integral part of climate action for organisations across industries, particularly in the case of those using conflict minerals. These minerals, including tin, tantalum, tungsten, and gold (commonly referred to as 3TG), are bound up with a wide range of complex considerations, and ensuring their ethical procurement is a pivotal step towards sustainable operation and social responsibility.
Anthesis provides comprehensive, end-to-end conflict minerals compliance services to help businesses navigate the complexities of compliance with international regulations, including the U.S. Dodd-Frank Act and the European Union Conflict Minerals Regulation.
Under outsource agreements, we collect and validate all conflict minerals data from the supply chain, perform risk assessments, develop customer reports, and prepare required disclosure reports for the Securities and Exchange Commission. All tasks are completed using Anthesis-enabled tools.
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Conflict Minerals Compliance Services
Anthesis provides end-to-end conflict minerals compliance services to support businesses in managing their supply chain responsibly. Our services include:
- Conflict Minerals Data Collection and Validation
- In-Depth Industry Knowledge: Benefit from our specialised team comprising project managers, subject matter experts, and software developers with deep industry experience in RoHS, REACH, conflict minerals, and global environmental regulations.
- Comprehensive Conflict Minerals Compliance Management: We offer end-to-end solutions, from data collection using our Anthesis Compliance Data Collection (ACDC) tool to conflict minerals management services for major device manufacturers.
- Global Business Process Outsource: Through our global delivery team, we provide round-the-clock business outsource services, leveraging in-country project management teams and offshore technical consulting resources to deliver cost-effective outcomes.
- Sustainable Product Compliance Suite: Explore our web-based system, the Anthesis Compliance Suite (ACS), designed to augment your enterprise platforms, ensuring efficient product compliance and conflict minerals data exchange.
- Supply Chain Risk Assessment: Our team conducts detailed risk assessments to identify any red flags within your supply chain, providing actionable insights into potential conflicts or ethical concerns.
Why Choose Anthesis
Expertise in Global Environmental Regulations
Our team includes subject matter experts with years of experience navigating complex regulations such as RoHS, REACH, and conflict minerals compliance. This expertise ensures that we provide the most up-to-date and relevant guidance for your business.
Sustainable Product Compliance Suite
Anthesis also offers a powerful web-based platform, the Anthesis Compliance Suite (ACS), to streamline compliance management and ensure efficient data exchange for conflict minerals reporting.
Tailored Compliance Strategies
We customize our conflict minerals compliance services based on the specific needs of your industry and supply chain, ensuring a bespoke approach that addresses your company’s unique compliance challenges.
Understanding Conflict Minerals and the Importance of 3TG Compliance
What are Conflict Minerals?
Conflict minerals, including tin, tantalum, tungsten, and gold (collectively known as 3TG), are often sourced from regions plagued by unethical practices and human rights issues. Compliance with regulations like the U.S. Dodd-Frank Act and the EU Conflict Minerals Regulation is essential for companies to support responsible sourcing. These regulations require businesses to trace and disclose the origins of 3TG minerals, helping to promote ethical supply chains, avoid reputational risks, and align with global standards for sustainability.
What is the U.S. Dodd-Frank Act, and how does it relate to conflict minerals?
The U.S. Dodd-Frank Act, specifically Section 1502, was enacted to address human rights abuses associated with the mining of conflict minerals in the Democratic Republic of the Congo (DRC) and surrounding regions. Under this act, publicly traded companies in the United States are required to disclose the origin of tin, tantalum, tungsten, and gold (3TG) minerals used in their products. The aim is to increase supply chain transparency and discourage the funding of armed conflicts in the DRC region. Companies must file annual Conflict Minerals Reports with the Securities and Exchange Commission (SEC) if their 3TG minerals may have originated from these conflict zones.
What is the EU Conflict Minerals Regulation, and what does it require from companies?
The EU Conflict Minerals Regulation (EU Regulation 2017/821) requires companies importing tin, tantalum, tungsten, and gold (3TG) into the European Union to perform due diligence to ensure responsible sourcing. Effective as of January 2021, this regulation applies to EU importers of 3TG minerals, mandating them to trace and verify the origins of these minerals to avoid supporting conflicts or unethical labor practices in high-risk areas. The regulation aligns with the OECD Due Diligence Guidance and promotes ethical supply chains by holding companies accountable for the sources of their 3TG minerals.
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