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Cobalt may be next big challenge for corporate sustainability

Joe Mont | November 8, 2016

By now, four years into the process, public companies are no doubt starting to get the swing of the Securities and Exchange Commission’s conflict minerals rule. Next up: an evolution of the still-controversial supply chain due diligence mandate and an expansion into new materials, geographies, and social ills.

Human trafficking and child labor, already on the radar for many businesses, may soon be joined by cobalt as the next mineral to demand their scrutiny as corporate sustainability reporting becomes even more ambitious in the months ahead.

Before getting too far into the future, however, the current conflict minerals environment is still causing confusion.

Rules adopted by the SEC, as mandated by the Dodd-Frank Act, require companies to assess products they manufacture to determine whether any contain so-called conflict minerals [the so called 3TGs of tungsten, tantalum, tin, and gold] and then further determine whether the source of those minerals is the... To get the full story, subscribe now.