mike davis: conflict resources (day 2 - session 6: sustainable mining & conflict resources)
DESCRIPTION
Day 2- Session 6: Strategic Metals and the Clean-tech Revolution Conflict Resources Objective Capital Global Mining Investment Conference 2010 Stationers' Hall, City of London 28-29 September 2010 Speaker: Mike Davis - Global WitnessTRANSCRIPT
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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
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29 September
Global Mining Investment Conference
Mike DavisTeam Leader, Conflict ResourcesGlobal [email protected]
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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
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Key elements of supply chain due diligence
1. Conflict minerals policy
2. Supply chain risk assessments
3. Remedial action
4. Audit
5. Public reporting
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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
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29 September
Global Mining Investment Conference
Mike DavisTeam Leader, Conflict ResourcesGlobal [email protected]
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Other sponsors & participating organisations:
GLOBAL MININGINVESTMENT CONFERENCE 2010
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