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Article

22 Apr 2015

Author:
Amnesty Intl. & Global Witness

Report: Digging for Transparency - How U.S. companies are only scratching the surface of conflict minerals reporting

More than one thousand companies listed on U.S. stock exchanges filed their first Conflict Minerals Reports with the U.S. Securities and Exchange Commission (SEC) in 2014...These inaugural reports are one outcome of wider efforts to ensure America's biggest businesses take responsibility for the conditions under which the raw materials they use are produced and traded. They document corporations' efforts to check their supply chains in an attempt to break the links between the mineral trade and armed groups in the Democratic Republic of Congo...Seventy-nine percent of the company reports we analyzed did not meet the minimum requirements of the U.S. conflict minerals legislation. The remaining twenty-one percent of companies did so in their first year of reporting, showing that it can be done. [Refers to: Apple, Boeing, CIRCOR International, Cisco Systems, Ernst & Young, G-III, General Electric, Google, Helen of Troy, HP, IBM, Intel, Kaloti Jewellery International, Kennametal, Microsoft, Mindray Medical International, Royal Philips Electronics, Tiffany]

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