Regarding DF Title XV Specialized Disclosures:
The recent passage of the Conflict Minerals Act is an important first step in ensuring that U.S. consumers ( and also indirectly Canada and Europe consumers) won't take part in fueling the deadliest conflict on earth. By making the supply chains of tin, tungsten, tantalum and gold more transparent, American consumers will be able choose to support companies that take steps to ensure their products are conflict-free, and also free of slavery and other extreme human rights abuses.
Free the Slaves and human rights organizations in Congo have documented abuses against miners in Congo, including forced labor, debt bondage, and hazardous child labor. Other forms of slavery like the use of child soldiers and the prostitution of children also exist in mining areas.
The new law requires companies to disclose "due diligence on the source" of conflict minerals originating in the DRC. 15 U.S.C. 78m (p)(1)(A)(i). Due diligence on the source of these minerals must be defined to include a description of efforts to monitor the source of the supply chain for forms of modern slavery and other extreme violations of human rights.
As a canadian citizen and consumer, I buy each week U.S products and I would prefer to encourage compagnies using proactive procedures, to fight these evils. For example : fair trade tags are already used by compagnies and printed or stamped on their products, its an easy way to help the consumer in his choice. Something similar can be used to identify on the product, the sources and supply chain of primary materials.
with my respects,
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Dominic Larkin
2786, rue Prospect
Sherbrooke, Qué.
Canada, J1L 3A9