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Sustainability // iTSCi

iTSCi News

95% of company due diligence policies not aligned with OECD

Post By: Jeremy Pearce on Tuesday, 21 November 2017

A recent consultant study has concluded that 95% of downstream companies belonging to the Responsible Minerals Initiative (RMI) had responsible sourcing policies that were not aligned with OECD Due Diligence Guidance. If this typical level of engagement is not improved by 2023, the consultants warn that the EU may extend mandatory due diligence obligations downstream.

The research, by Kumi Consulting, London was carried out independently in September 2017 in the context of the new EU Regulation on due diligence...

Revised export tax regime halts 3T exports from DRC

Post By: Jeremy Pearce on Wednesday, 15 November 2017

In mid-August, finance authorities in the DRC unexpectedly implemented a revised tax regime which increased the mineral export tax rate from 1% to 10% for exporters of artisanally produced minerals. Those companies were not able to manage this change and remain competitive causing exports by treatment facilities to immediately halt.

The DGDA (La Direction générale des douanes et accises) announced the increased tax without warning and, while the iTSCi programme prefers to avoid becoming involved in discussion of issues...

Conflict minerals reporting research emphasises need for mine-based risk control

Post By: Jeremy Pearce on Wednesday, 15 November 2017

Research published in October 2017 has highlighted a 'troubling trend' in 2017 corporate conflict minerals reporting towards more 'tick-box' compliance testing and away from stronger 'risk-based' due diligence approaches to use of 3T and other minerals in their products. This emphasises the importance of programmes such as iTSCi that aim to control risk at mine sites themselves rather than entirely rely on downstream or smelter efforts that are very remote from the real issues.

'Mining the Disclosures 2017' was...

La modification du régime fiscal des exportations interrompt les exportations de 3T de la RDC

Post By: Tony Wallace on Wednesday, 15 November 2017

À la mi-août, les autorités financières de la RDC ont, contre toute attente, mis en application un régime fiscal modifié qui augmentait le taux de la taxe sur les exportations de minerais de 1 % à 10 % pour les exportateurs de minerais provenant de l'exploitation minière artisanale. Les entreprises n'étaient pas en mesure de gérer ce changement et de maintenir leur compétitivité ce qui a entrainé l'arrêt immédiat des exportations par les entreprises de traitement.

La Direction générale...

Trump administration recommends Dodd-Frank ‘conflict minerals’ disclosure repeal

Post By: Jeremy Pearce on Thursday, 12 October 2017

The US Treasury Department has recommended repeal of four sections of the 2010 Dodd-Frank financial regulatory law, including Clause 1502 mandating due diligence disclosure of 'conflict minerals' from Central Africa. It is argued that such disclosures are not "material to the reasonable investor for making investment decisions".

The move is part of a general initiative to streamline regulatory systems seen by the Trump administration as holding back economic opportunity and growth.

This is the latest in a series of...

iTSCi members’ public due diligence reports enable Global Witness review

Post By: Steven Peterson on Thursday, 12 October 2017

Global Witness recently released 'Time to Dig Deeper' in which they reviewed progress of annual company public reporting as recommended in Step 5 of the OECD Due Diligence Guidance here We were pleased to note that this referenced and relied on many public reports of 3T companies who are iTSCi members therefore highlighting the positive impact of an effective joint industry programme to support company due diligence - all except one report was on 3T minerals rather than gold, all 3T reports were...

US GAO confirms reduced armed groups at 3T DRC sites

Post By: Jeremy Pearce on Tuesday, 10 October 2017

An August 2017 report by the US Government Accountability Office (GAO) on conflict minerals in the DRC has highlighted published data on the reduced presence of armed groups at 3T sites, while noting very little progress with regard to gold.

The report consolidated information on the supply chain for artisanal gold in the DRC and evaluated efforts to encourage its responsible sourcing. Although some efforts are underway to establish frameworks for gold, these efforts are still mostly in pilot...

iTSCi boosts whistleblowing scope and awareness

Post By: Jeremy Pearce on Tuesday, 10 October 2017

iTSCi has an existing whistleblowing procedure which operates as a collaborative system for iTSCi member companies, allowing stakeholders to voice concerns and enabling companies to be made aware of verified risks to their supply chain through incident reporting. However, communication infrastructure challenges at the local field level sometimes limited use and therefore in 2016 iTSCi also started to introduce a direct whistleblowing structure in some parts of DRC.

In recent months, iTSCi field implementation partner Pact has been...

UN reports reduced conflict financing opportunities associated with 3T minerals

Post By: Steven Peterson on Tuesday, 05 September 2017

The final report (S/2017/672) of the UN Group of Experts on the DRC was released and presented to the Security Council by Amr Abdellatif Aboulatta (Egypt), Council President for August, stating that 'improved efforts to trace the origin of tin, tantalum and tungsten had reduced the ability of armed groups to benefit from the exploitation and trade of those minerals.'

Two members of the UN Group of Experts had been murdered in Kasai Province in March and this unfortunate...

L’ONU rapport un réduite d’opportunités de financement de conflit associés aux minerais 3T

Post By: Steven Peterson on Tuesday, 05 September 2017

 Le rapport final (S/2017/672) du Groupe d'experts des Nations Unies sur la République démocratique du Congo a été récemment publié et présenté au Conseil de sécurité par Amr Abdellatif Aboulatta (Égypte), président du Conseil pour août. Deux membres du Groupe ont été assassinés en mars dans la Province du Kasaï et l'on comprend aisément que ce malheureux évènement ait été au centre des commentaires. Le débat s'est poursuivi pour examiner les défis colossaux qui existent en RDC, avec la dynamique...

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iTSCi Data Summary front page

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Recent Network Members

  • Steven Peterson
  • Irene Eteri
  • JoAnie  Sengaloune
  • Thomas de Boer
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  • Carlos Suaznabar
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