Get the free Conflict Minerals (CM) Disclosure - General Dynamics Land Systems

(4) timely disclosure to GLS on all its Purchase Orders/Subcontracts for products containing conflict minerals that are delivered during the current calendar ...

How to fill out conflict minerals cm disclosure

How to fill out conflict minerals cm disclosure

1. Begin by gathering all relevant information and documentation related to the conflict minerals used in your products.
2. Identify the specific conflict minerals that are present in your products. This typically includes gold, tin, tungsten, and tantalum.
3. Assess the country of origin for these conflict minerals. Determine if they are sourced from any of the designated conflict regions, such as the Democratic Republic of Congo or its neighboring countries.
4. Conduct a reasonable country of origin inquiry (RCOI) to gather information about the source of the conflict minerals. This may involve contacting suppliers, requesting certifications, or other means of verification.
5. If your RCOI indicates that the conflict minerals may have originated from a conflict region, proceed with due diligence measures.
6. Implement a robust due diligence framework to determine the source and chain of custody of the conflict minerals. This may involve engaging with suppliers, conducting on-site visits, or utilizing third-party audits.
7. Document your due diligence efforts and maintain records for future reference.
8. Prepare a conflict minerals CM disclosure report that details your findings, due diligence measures, and steps taken to mitigate risks associated with conflict minerals.
9. Ensure your disclosure report is in compliance with relevant regulations, such as the Securities and Exchange Commission's (SEC) conflict minerals rule.
10. Publicly release your conflict minerals CM disclosure report, making it available to customers, stakeholders, and regulatory authorities.
11. Review and update your conflict minerals CM disclosure on a regular basis to reflect any changes in your supply chain or sourcing practices.

Who needs conflict minerals cm disclosure?

1. Companies that manufacture or contract the manufacturing of products that contain conflict minerals are required to disclose this information.
2. This primarily applies to companies that are subject to regulations such as the Dodd-Frank Wall Street Reform and Consumer Protection Act.
3. These regulations are applicable to companies that are publicly traded in the United States and use conflict minerals in their products.
4. However, companies that are not publicly traded may also choose to disclose their use of conflict minerals to align with ethical sourcing practices and maintain transparency with their stakeholders.

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What is conflict minerals cm disclosure?

Conflict minerals cm disclosure is a requirement for companies to disclose whether their products contain minerals sourced from conflict-affected areas.

Who is required to file conflict minerals cm disclosure?

Companies that are publicly traded in the United States and use conflict minerals in their products are required to file conflict minerals cm disclosure.

How to fill out conflict minerals cm disclosure?

Companies can fill out conflict minerals cm disclosure by gathering information on the use of conflict minerals in their supply chain, conducting due diligence, and submitting the required forms to the SEC.

What is the purpose of conflict minerals cm disclosure?

The purpose of conflict minerals cm disclosure is to promote supply chain transparency and help prevent the use of conflict minerals that finance armed groups.

What information must be reported on conflict minerals cm disclosure?

Companies must report on the source and chain of custody of conflict minerals in their products, as well as their due diligence efforts to determine the minerals' origins.