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EU Directive on conflict minerals

EU Current 2017

The Regulation, as agreed by the EU Institutions, is set to ensure sustainable sourcing for more than 95% of all EU imports of tin, tantalum, tungsten and gold, which will be covered by due diligence provisions as of 1 January 2021. Companies effected will have to carry out a number of measures, these include the development of reporting tools and standards to further boost due diligence in the supply chain, as well as setting up a transparency database. Those downstream operators who import refined, metal-stage products into the EU will be covered by the mandatory obligations.

Issuer name

EU

More information

Directive has been approved, will be going into force in 2021. (10/7)

Organizations covered by the instrument

Large private and listed companies

Target organization notes

Union importer of mineral and metals of tin, tantalum, tungsten and gold, which business exceed a certain annaul volum threshold by definition. and Listed global responsible smelters and refiners.

ESG coverage - E (Environment)

Environmental Compliance & Risk, Supplier Environmental Assessment

ESG coverage- S (Social)

Human Rights, Product & Services Responsibility

ESG coverage- G (Governance)

Ethics & Integrity

ESG coverage- Eco (Economic & General)

Procurement and Supply Chain Management

Status

Current

Country

EU

Region

Europe

Date of publication

2017

Issuer type

Governments (governmental department, agency)

Reporting requirements

Public law and regulation

Mandatory or voluntary

Mandatory

The geographical scope

International/regional (EU)

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