Mike Davis: Conflict Resources (Day 2 - Session 6: Sustainable Mining & Conflict Resources)
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Transcript of Mike Davis: Conflict Resources (Day 2 - Session 6: Sustainable Mining & Conflict Resources)
GLOBAL MININGINVESTMENT CONFERENCE 2010
STATIONERS’ HALL ● CITY OF LONDON ● TUESDAY-WEDNESDAY, 28-29 SEP 2010
www.ObjectiveCapitalConferences.com
Investment Conferences
Conflict Resources Mike Davis – Chief Campaigner, Global Witness
DAY 2 - SESSION 6: SUSTAINABLE MINING & CONFLICT RESOURCES
29 September
Global Mining Investment Conference
Mike DavisTeam Leader, Conflict ResourcesGlobal [email protected]
What’s being done to tackle the trade in conflict minerals?
• US legislation – provisions on conflict minerals in financial reform act
• UN Security Council due diligence guidelines for companies sourcing from Eastern DRC
• OECD standards on due diligence for companies sourcing minerals from conflict-affected areas
• Certification schemes: German government and ICGLR• Industry initiatives• UN Sanctions
Key elements of supply chain due diligence
1. Conflict minerals policy
2. Supply chain risk assessments
3. Remedial action
4. Audit
5. Public reporting
Companies involved in / investing in the minerals sector should:
• Ensure due diligence on supply chains• Back legislation on conflict minerals in Europe to
match what’s just been introduced in US
Companies involved in / investing in the diamonds sector should:
• Ensure due diligence on supply chains• Ensure a stronger commitment to human rights by
the Kimberley Process
29 September
Global Mining Investment Conference
Mike DavisTeam Leader, Conflict ResourcesGlobal [email protected]
Other sponsors & participating organisations:
GLOBAL MININGINVESTMENT CONFERENCE 2010
Lead sponsors:
Media partners: