SEC conflict minerals rule, initial disclosures indicate most companies were unable to determine the source of their conflict minerals.

Format:

Book

Government document

Author/Creator:

United States. Government Accountability Office, author.

Language:

English

Subjects (All):

United States. Securities and Exchange Commission--Rules and practice--Evaluation.

United States.

United States. Department of State--Rules and practice--Evaluation.

United States. Agency for International Development--Rules and practice--Evaluation.

United States. Agency for International Development.

United States. Department of State.

United States. Securities and Exchange Commission.

Mineral industries--Corrupt practices--Democratic Republic of the Congo.

Mineral industries.

Mines and mineral resources--Democratic Republic of the Congo.

Mines and mineral resources.

Sex crimes--Democratic Republic of the Congo.

Sex crimes.

Mineral industries--Corrupt practices.

Congo (Democratic Republic).

Genre:

Online resources.

Physical Description:

1 online resource (53 pages) : color illustrations, color map

Other Title:

Securities and Exchange Commission conflict minerals rule, initial disclosures indicate most companies were unable to determine the source of their conflict minerals

GAO-15-561 Congo conflict materials

Place of Publication:

[Washington, D.C.] : United States Government Accountability Office, 2015.

Summary:

"Armed groups in eastern DRC continue to commit severe human rights abuses and profit from the exploitation of minerals, according to the United Nations. Congress included a provision in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that, among other things, directed SEC to promulgate disclosure and reporting regulations regarding the use of conflict minerals from the DRC and adjoining countries. The act also directed State and USAID to develop a strategy to address the linkages among human rights abuses, armed groups, the mining of conflict minerals, and commercial products. This report examines (1) company disclosures filed with SEC for the first time in 2014 in response to the SEC conflict minerals disclosure rule; and (2) State and USAID actions related to the U.S. conflict minerals strategy in the DRC region. This report also includes information on sexual violence in the DRC and three adjoining countries. GAO reviewed and analyzed relevant documents and data and interviewed officials from relevant U.S. agencies and nongovernmental, industry, and international organizations; and analyzed a random sample of company disclosures from the SEC database that was sufficiently large to produce estimates for all companies that filed. GAO also traveled to the DRC, Rwanda, and Burundi to conduct field work"--Preliminary page

Contents:

Background

First company filings in response to the SEC rule are fewer than SEC estimated and provide limited insights regarding country of origin and chain of custody

State and USAID actions to implement the U.S. conflict minerals strategy have yielded some results, but conditions remain difficult

Additional information available on rate of sexual violence in eastern DRC and adjoining countries since GAO's June 2014 report.

Notes:

"August 2015."

Includes bibliographical references.

Online resource; title from PDF title page (GAO web site, viewed January 17, 2017).

OCLC:

919000695