Join your industry peers and engage with us now as we begin to prepare for the next year of Conflict Minerals Reporting to meet the May 31, 2016 deadline.
New Release Leading automotive companies issue a call to action
If you're new to the issue:
If you're already working on conflict minerals:
For more information, read the Background section below or click on the link for Resources/Links/Tools at the bottom of the page.
Due to new laws, publicly traded companies are now required to report annually to the U.S. Securities and Exchange Commission (SEC) whether the products that they either manufacture, or contract to be manufactured, contain "conflict minerals" such as tantalum, tin, tungsten, and gold, which are used in numerous automotive components with various applications.
The intent of the reporting requirements is to eliminate an important stream of funding for armed conflict in the Democratic Republic of Congo and surrounding countries, where some of the world's supply of conflict minerals is mined.
The rules have global implications: even automotive industry companies headquartered outside of the United States, and those which do not report to the SEC, may be subjected to conflict minerals requests from customers that do report to the SEC.
In collaboration with our members, we have taken progressive steps to demonstrate our commitment to this issue, and developed resources to assist with the conflict minerals compliance process, including a web-based reporting tool, training, case studies, and other materials. By taking action and sharing lessons learned, we can help the entire industry meet these responsibilities effectively and efficiently.