Conflict Due Diligence by European Companies

Author: SOMO

Dated: 24 Oct 2013

The major conclusions of this paper include: Only a small percentage of EU-listed companies are directly affected by Dodd Frank 1502 and are therefore required to publicly disclose their use of conflict minerals. The large majority of companies that are not required to comply with Dodd Frank 1502 do not conduct due diligence on conflict minerals. There are several sectors that use conflict minerals but in which very few European companies are undertaking due diligence efforts. Of the companies addressing the issue of conflict minerals, only very few are actively sourcing non-conflict minerals from the Great Lakes region. Public scrutiny serves as a driver for more ambitious approaches by companies. [Refers to Aixtron, Alcatel-Lucent, AMS, ARM Holdings, ASM International, ASML, BAE Systems, Barco Electronic, BT Group, CSR, Daimler, Deutsche Telekom, Dialog Semiconductors, Ericsson, France Telecom, Fuarecia, Finnveden bulten, Infineon Technology, Koninklijke Philips, KPN, Logitech, Nokia, Pace, Portugal Telecom, Rolls-Royce, SAP, Schneider Electric, Siemens, Smartrac, Smith & Nephew, STMicroelectronics, TELE2, Telecom Italia, Telefonica, Teliasonera, Valeo, Vodafone, Wincor Nixdorf, Wolfson]Conflict Due Diligence by European Companies