New Draft Letter Helps AIAG Members Comply with Conflict Minerals Rule

AIAG’s Conflict Minerals Work Group outlines actions that suppliers must take between January 1 and December 31, 2013.

SOURCE: Automotive Industry Action Group (AIAG)

DESCRIPTION:

AIAG’s conflict minerals work group, which includes representatives from the OEMs and Tier One suppliers, is working on strategies to help member companies effectively meet the requirements of the SEC’s Conflict Minerals Rule.

To comply with the rule’s reporting requirements, each manufacturer in the supply chain must request information from their direct suppliers. In turn, these suppliers must solicit that same information from the next tier of suppliers. The work group has developed a draft letter that suppliers at all levels can use to communicate their reporting requirements to the next level in the supply chain.

The company-level report needs to be submitted to Tier One suppliers during Q3 2013 and  to the OEMs during Q4 2013. The draft letter encourages use of the iPCMP system, a web-based tool developed by iPoint (in collaboration with AIAG members) that enables companies to roll up conflict minerals information throughout their supply chains. Additional information on iPCMP training is in this e-newsletter.

If reporting through the iPCMP tool is not possible, a manual report may be completed using the EICC-GeSI Conflict Minerals Reporting Template.

For more information on AIAG’s conflict minerals initiatives, contact Program Development Manager Tanya Bolden at tbolden@aiag.org.

 

Learn more about how AIAG and the Auto Industry are addressing Conflict MIneral issues at the 2013 AIAG Corporate Responsibility Summit, April 24-25. 2013: http://bit.ly/aiagcr13

 

 

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KEYWORDS: Business & Trade, Finance & Investment, People, Social Action & Community Engagement, Conflict Minerals, dodd frank, 1502, compliance, Congo, DRC, SEC, iPCMP, ipoint, EICC-GeSI, auto, auto supplier, auto OEM, csr

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