
Our complete responsible minerals solution, including cobalt and mica reporting.
Vendor
Assent
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ESG for Extended Minerals Compliance
Assent helps you see deeper into your supply chain to gain smarter insights and meet your extended minerals goals for the responsible sourcing of cobalt and mica.
Extended Minerals: ESG Deep Supply Chain Due Diligence
Demand for cobalt has grown due to its use in lithium-ion batteries. The increased presence of cobalt and mica in supply chains impacts investor interest, reputational risk, and customer requirements. To keep up with the market’s growing ESG expectations, manufacturers must complete due diligence for cobalt and mica.
A Rise in Cobalt & Mica ESG Reporting
While there are currently no legal requirements regarding cobalt and mica sourcing, many manufacturers voluntarily use the Extended Minerals Reporting Template (EMRT) to build a sustainable responsible minerals program. Some companies have made cobalt and mica due diligence a contractual supplier requirement.
Risks of Extended Minerals Non-Compliance
Not meeting responsible minerals guidelines comes with several challenges:
- Economic loss: Lose investors or contracts.
- Reputational damage: Bad PR around extended minerals in your products could have devastating consequences.
- Supply chain issues: delays in material sourcing due to supply chain disruptions.
Assent’s Extended Minerals Solution Is the Answer
Assent’s Extended Minerals solution helps manufacturers see deeper to collect standardized and validated extended minerals data from deep in the supply chain, while streamlining their supplier communications.
Retain Customers & Investors
Use our responsible 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 full supply chain transparency, including individual supplier performance across all areas of ESG risk.
Extended Minerals Solution Capabilities
Robust Data Collection
Gather defensible due diligence data with disclosures that are based on a deep understanding of regulations, 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 ESG track record.