Raw materials: Commission launches new online portal to support responsible sourcing in businesses

mines

(Dominik Vanyi, Unsplash)

This article is brought to you in association with the European Commission.


Today, the European Commission is launching Due Diligence Ready!, an online portal that provides businesses with guidance on how to check the sources of the metals and minerals entering their supply chains – the so-called “due diligence” process. It will help them ensure that their use of raw materials respects human rights while improving transparency and accountability across their value chains.

Commissioner Elżbieta Bieńkowska, responsible for Internal Market, Industry, Entrepreneurship and SMEs, said: “Today, market demand for responsibly sourced raw materials is growing. These materials are essential to new business sectors and clean technologies like high-power batteries, and businesses should ensure that each step in the value chain is carried out in a transparent, responsible and sustainable way. I welcome the launch of Due Diligence Ready! which will help businesses make more informed choices.”

Due Diligence Ready! will help businesses to:

  • Improve their due diligence capacity of minerals’ sourcing: the portal will provide businesses with information and training materials to carry out due diligence. The tool is particularly dedicated to small and medium businesses but all companies with minerals and metals in their supply chains are encouraged to use it.
  • Facilitate compliance with the EU’s Regulation on Responsible Sourcing of Minerals (the so-called “Conflict minerals Regulation”): the portal will offer guidance on the responsible sourcing of metals and minerals, in particular tin, tantalum, tungsten and gold. Such metals and minerals are used in the production of everyday products such as mobile phones, cars and jewelry. The portal will help companies comply with the EU’s Regulation on Responsible Sourcing of Minerals, which sets out due diligence requirements for EU importers of these metals and minerals.
  • Respond to growing market demand for responsibly sourced minerals: by improving transparency along the value chain, Due Diligence Ready! will help businesses respond to the growing awareness and demand for sustainable products and services, and contribute to positive developments in the minerals and metals sector.

Background

Mineral resources hold great potential for our economy, especially for strategic business areas like batteries, high-performance computing or microelectronics. However, when mined in conflict-affected or high-risk areas, they can add to the continuation of violent clashes, human rights abuses. This has raised concerns among customers, suppliers, regulators, investors, non-governmental organisations and citizens who are increasingly asking companies, including small and medium businesses, to show that the minerals and metals entering their supply chains have not contributed to activities that harm people.

To address these problems, the EU passed the EU’s Regulation on Responsible Sourcing of Minerals,also sometimes referred to as the “Conflict minerals Regulation”, in May 2017. These new rules will ensure that minerals used by European industries are sourced responsibly, diverting revenues away from rebel groups, conflict, and terror. The regulation also supports the development of local communities and businesses. The rules will cover up to 95% of imports as of 1 January 2021. In the meantime, the Commission and Member States will work to make sure that the necessary structures are in place to ensure EU-wide implementation.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the sting Milestone

Featured Stings

Can we feed everyone without unleashing disaster? Read on

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

‘Amid stormy global seas, UN charter remains our moral anchor’, says Guterres on United Nations Day

The rise of techno-nationalism – and the paradox at its core

Crisis hit countries cut down public spending on education

Sudan: Health challenges in the Sustainable Development Goals era

Here’s how data can shine a light on financial crime

Friday’s Daily Brief: hunger in North Korea, human rights in Iran, updates on DR Congo and Benin

Denouncing attacks against Baghdad protesters, UN warns ‘violence risks placing Iraq on dangerous trajectory’

JADE Team at the European Business Summit 2017

Why European manufacturing SMEs in the South face fatal dangers

Superbugs: MEPs advocate further measures to curb use of antimicrobials

JADE Romania Celebrates the 4th Anniversary

Mexico: Helping refugees go into business, a ‘win-win situation’, says UNHCR’s Grandi

How the EU crisis hit countries saved the German and French mega-banks from bankruptcy and still pay the costs

EU labour mobility: Inconvenient truths for everybody

MEPs approve boost to workers’ rights in the gig economy

Could implants treat people with brain disease? A young scientist explains

Australia wants to build a giant underground ‘battery’ to help power the nation

10 of Albert Einstein’s best quotes

Eurozone: Subdued inflation can lead to more recession

Monday’s Daily Brief: drug-resistant diseases, Venezuelan refugees, fighting in Tripoli, and hate speech

Alarm over violent attacks on lawmakers, opposition in Malawi, ahead of elections

Mirrored classroom display highlights scale of massive education crisis

Love unlimited

Public Health equality in a trench

On Human Rights Day European Youth Forum calls for end to discrimination of young people

Asking for more restriction on intra EU immigration: Unproductive and politically dangerous

A Valentine’s Special: heart has nothing to do with it, it’s all Brain

Swedish PM Löfven: “Our common values must guide us to an even better future”

Who will win the AI race? If countries work together, then the answer could be all of us

Thai cave boys spared thundershowers, highlighting extreme climate disruption: UN weather agency

Around 52 million in Near East, North Africa, suffering chronic undernourishment, new UN food agency report reveals

Four ways Artificial Intelligence can make healthcare more efficient and affordable

This wall of shoes is for the women killed by domestic violence

‘Terror and panic’ among Rohingya who may be forced to return to Myanmar – UN rights chief

OECD welcomes French plans to increase and better target foreign aid

What is digital equality? An interview with Nanjira Sambuli

Waste-free consumption: 3 reasons why cities will lead

Easing US-China trade tensions could save millions of jobs: Asia-Pacific UN report

This is the state of the world’s health, in numbers

Rising human trafficking takes on ‘horrific dimensions’: almost a third of victims are children

We must treat cybersecurity as a public good. Here’s why

Why and how Germany had it again its own way in Cyprus

This is what CEOs around the world see as the biggest risks to business

The EU responds to US challenges by fining Apple with €13 billion

An FTA between EU-US to hurt South Korea

Why we need both science and humanities for a Fourth Industrial Revolution education

AIESEC @ European Business Summit 2014: European Youth, Change Now Patiently

The Venezuelan exodus to Roraima and its repercussions

Improvements to pension systems have made them better placed to deliver pensions

Afghanistan probe: ‘at least 60 civilians’ killed after US military airstrikes on alleged drug labs

Agreement reached on digital copyright rules

Labels for tyres: deal for greener and safer road transport

How universities can become a platform for social change

EU-US Privacy Shield data exchange deal: US must comply by 1 September, say MEPs

The Next Web 2014, the biggest European conference on Internet so far and the Absence of Brussels from Amsterdam

Search Engine neutrality in Europe in danger: Are 160.000 Google filtering requests good enough?

Eurozone: There is a remedy for regional convergence

These four countries are the happiest in the European Union

The European Sting’s 2018 in most critical review

How much is nature worth? $125 trillion, according to this report

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s