OECD Publishes Cycle 3 (and Final) Downstream Conflict Minerals Due Diligence Implementation Report

Last week, OECD made available the complete final report on downstream company pilot program implementation of its conflict minerals due diligence framework.

We have not completed our review and summary, but the report can be downloaded for free here.

Of particular initial interest to many may be:

  • the illustrative list of products (page 12)
  • key trends (pages 15-18)
  • learnings and recommendations from pilot participants (pages 60-64).  Among the recommendations is one that Elm has voiced for two years:  that the audit/auditor standards be upgraded from the generic ISO19011.  However, the recommendation references ISO/IEC 17021, which brings its own unique concerns and challenges.
  • list of 3T smelters (pages 70-75).  It is important to understand that this list does not include gold refiners, nor is the list exhaustive or  limited to  “approved” or “certified” smelters.

We hope to have additional analysis and insights available soon.

 

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