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Unfortunately, all companies take advantage of this type
Opportunity, and in such cases, both social and
Profits are suffering. These companies have two problems:
Their managers are incompetent or contact
Further their own interests, the company's long-term
Financial interests. For example, a decision
Including any risk of the development of new hate
Products that could jeopardize short-term financial
Company performance and hence their effect
Improve the compensation, even if this would risk
The company's long-term prospects.
Supply chain and local working conditions are important
Key issues in the field of CSR. Conflict Minerals
Especially with the supply of raw materials as the sensitive area
Can sometimes be difficult to find out to be. But soon
Essential for U.S. companies to follow the new
Plans to create transparency in the goal
Use mineral conflict. Dodd, Frank 1502 ยง
Wall Street hopes for improvement and consumer protection laws
With the establishment of a regulatory framework seconds
April 2011 requires public companies
Submit reports and audited on their use of conflict
Minerals. Given the inherent complexity
Ensure that controlled by mining
USAID and State Department addressed rebels
Crisis areas in the plot to constant change
Support companies in the process.
From the brutality of civil war
Revolutionary United Front in Sierra Leone in the 1990s,
Global consciousness, brought the question of conflict
Diamonds. He also became clear that the appetite
Western consumers of diamonds, it's funding
Angola, Liberia, other violent rebellion in Cote d '
Costa, Democratic Republic of Congo (DRC), and
Republic of Congo. All these countries are now part
Kimberely process was established after a long time
In 2003 under the auspices of the United Nations advice
United Nations. To filter out conflict diamonds
Legitimate diamond trade, law
The government confirmed the acquisition of certificates
Rough and polished diamonds is required
Transported in tamper proof containers. As a result
This certification, approximately 99% per trade
Is now considered to be free from conflict diamonds.