Auto Industry Gets Socially Responsible on Conflict Minerals
Author: Justmeans, Published on: 18 September 2012
A new system has been created to help auto and other companies identify and avoid products sourced from conflict zones. The initiative is led by Automotive Industry Action Group (AIAG) and iPoint, and involves two dozen AIAG affiliates. The effort has resulted in a data management tool called iPCMP (the iPoint Conflict Minerals Platform). The tool has been designed to help industry decision-makers to take action on the issue by avoiding mineral sources with links to violence. The database will also help companies meet the requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act and related rules from the U.S. Securities and Exchange Commission (SEC)...Among the industry OEMs and suppliers supporting the initiative are Bosch, Chrysler Group, Ford, and Honda.