Conflict Minerals: Businesses Benefit from US Conflict Minerals Reporting Rule, Say NGOs

Mar 27, 2017 | Chemical Watch
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NGOs have urged the Securities and Exchange Commission (SEC) not to weaken or repeal the US conflict minerals reporting rule, as doing so would have detrimental effects on businesses and human security. Thousands responded to the SEC's call for comments to 'reconsider' Section 1502 of Dodd-Frank. NGO the Enough Project wrote that many US businesses, particularly in the electronics industry, benefit from the rule. "They have seen decreased supply chain risks – especially for tin and tungsten – increased transparency in the minerals trade and their supply chains, and new investment opportunities in Congo and the surrounding region."