Automated Conflict Minerals Reporting

Conflict mineral regulations aim to thwart human rights violations in high-risk areas. Assent helps you see deeper and be smarter about sourcing your minerals.

Conflict Minerals: The Risks of Non-Compliance

Conflict minerals sourced from conflict-affected locations directly contribute to ongoing violence and forced labor in these regions. Conflict minerals include tin, tungsten, tantalum, and gold (3TGs). The presence of these minerals in supply chains impacts investor interest, market access, reputational risk, and customer requirements.

Conflict Minerals Due Diligence

Manufacturers in scope of conflict minerals legislation use the Conflict Minerals Reporting Template (CMRT) to demonstrate due diligence and report annually on smelters and 3TG conflict minerals in their supply chains. This requires spending time and resources contacting suppliers and collecting data, which can be a challenge, as collecting information from suppliers deep in your supply chain is difficult. Assent automates CMRT data surveying to streamline this process.

The Challenges of Conflict Minerals Legislation

Non-compliance with responsible minerals legislation creates several challenges, including:

• Economic loss: You could lose investors or contracts.
• Reputational damage: You could face bad PR as a result of conflict minerals and related risks such as forced labor.
• Supply chain issues: Conflict minerals in your products could create delays in material sourcing due to supply chain disruptions.
• Taking focus away from your people: In the event of a compliance challenge, staff will spend time addressing the issue instead of the jobs they were hired to do.

Assent’s Conflict Minerals Solution Is the Answer

Assent’s Responsible Minerals — Conflict Minerals solution helps manufacturers collect standardized, validated, and usable conflict minerals data from deep in their supply chains, while streamlining their supplier communications.

Retain Customers & Investors

Use our conflict minerals solution to build the kind of sustainability that attracts investors and encourages brand loyalty in your customer base.

Educate Suppliers

Identify high-risk suppliers and prioritize them for deeper screening and/or training.

Protect Against Supply Chain Disruptions

Avoid disruption with a supply chain transparency solution, including individual supplier performance across all areas of risk.

Our Conflict Minerals Solution Capabilities

Robust Data Collection

Gather defensible due diligence data with disclosures based on a deep understanding of investor expectations, materiality, and best practices.

Full Supply Chain Visibility

Deep-map your supply chain risk beyond surface-level disclosures by monitoring suppliers for topics material to your business, so you can prioritize suppliers with a strong environmental, social, and governance (ESG) track record.