We as consumers typically want to make sure we get the best deal. Many sellers now provide you with a way to compare prices and shop smarter whether online or in brick and mortar settings. But now the best price is not the only thing that's most important.
We consumers want to make sure our tomatoes are grown sustainably, seafood harvested ethically and smartphones manufactured responsibly. While completing our annual analysis of SEC conflict minerals filings, it became clear that behind these consumers are an expanding global network of businesses willing to:
1) be accountable for safe, smart and environmentally-friendly products and
2) exhibit the necessary transparency for consumers to see this for themselves.
There is some debate as to what exactly constitutes transparency, corporate responsibility and ethical sourcing. At the moment, there is also uncertainty surrounding the longevity of Dodd-Frank Section 1502. What’s invigorating is the commitment we are seeing both within and outside our network of global customers to “do the right thing” whether or not there is a regulatory driver. Responsible conflict minerals sourcing is a human rights issue, plain and simple. Many businesses recognize this now and are faced with a choice: I can either stand idly by and let someone else tackle the issue or I can engage in the dialogue and do my part. The “doing” is what’s important - no matter how big or small. So, the challenge is to not only care about what’s in your wallet, but to care about what’s in the products you buy, source and manufacture. Our resources are finite; our potential, infinite.
The 2017 SEC filings mark the fourth year of Conflict Minerals reporting. Filings related to Conflict Minerals Reporting Year (RY) 2016 were due on May 31st, 2017. In this report, we analyze the SEC filings as of August 11, 2017 across a range of metrics and provide key observations and trending data. In this report, we analyze:
Number of filers
Conflict free filers
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Authoritative Analysis of Conflict Minerals Filings