The Conflict-Free Sourcing Initiative, a consortium of more than 200 companies and associations, has published the latest update to its Conflict Minerals Reporting Template, a multi-industry tool for tracing the use of conflict minerals in a company’s supply chain, validating smelters, and meeting the Securities and Exchange Commission’s requirements for disclosing those efforts.
CMRT 4.0 includes an updated Standard Smelter List and numerous translation improvements. The free, standardized reporting template also expedites the identification of new smelters and refiners that may potentially undergo an audit through CFSI’s Conflict-Free Smelter Program.
The Smelter Reference List now displays commonly used alternate names for smelters, as well as their city, province and country. These changes are intended to assist with confirming the identity of the smelters that are reported. CFSI’s website contains a list of revisions from version 3.02 and a downloadable Microsoft Excel version of the Standard Smelter List.
CFSI recommends that companies use CMRT 3.0, 3.01 or 3.02 versions for the collection of 2014 supply chain data, and the 3.02 version of the Standard Smelter List, for filing with the U.S. Securities and Exchange Commission in 2015 where required. CMRT 4.0 is not recommended for filing 2014 supply chain data and is designed for 2015 reporting.
“CFSI wants this tool to remain accessible across multiple types of software and operating systems, which is why we maintain its simplistic structure,” Tara Holeman, CFSI’s audit program director, said in a statement. “It is critical that companies all over the world can talk to one another. The new CMRT keeps users abreast of the most recent changes to the IPC standard and has valuable improvements in the smelter list, which helps companies improve the accuracy of their disclosures.”
The Conflict-Free Sourcing Initiative has published an update to its Conflict Minerals Reporting Template, a multi-industry tool for tracing the use of conflict minerals in a company’s supply chain and validating smelters. CMRT 4.0, a free reporting template, expedites the identification of new smelters and refiners that may undergo an audit through CFSI’s Conflict-Free Smelter Program.