Welcome to this spring's hottest seminar on CONFLICT MINERALS and the newly-enacted Dodd-Frank Act Section 1502
Tin, Tantalum, Tungsten and Gold – “3T&G”. They are used in thousands of products and manufacturing processes spanning a huge range of industries. And as of January 1, 2013, their use is being closely monitored by the U.S. Securities and Exchange Commission (SEC) through new reporting requirements that impact the supply chains of hundreds of thousands of companies globally – and maybe even yours.
Ernst & Young is pleased to host Sweden's first major seminar on conflict minerals featuring the OECD's top expert, Mr. Tyler Gillard, joining us from Paris. In cooperation with the American Chamber of Commerce in Sweden and also featuring leading experts from Ericsson and the UK, we will explore Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed by the SEC in the calm of last summer and barely noticed in Sweden.
At first look, Section 1502 doesn’t appear to be a regulation that impacts Swedish companies. Its goal is to dry up funds for guerillas operating in and around the Democratic Republic of the Congo who engage in serious human rights abuses as they smuggle and trade in 3T&G, used extensively in the manufacturing and technology sectors. But dig deeper and you’ll find it requires all SEC registered companies to audit their supply chains for 3T&G all the way back to the mines – that includes lots and lots of Swedish companies.
Even if your company isn't directly affected by Dodd-Frank there are also plenty of other reasons why you should consider becoming “konflikt (-mineral) rädda”, whether for regulatory reasons or out of concern for potential marketplace, consumer or media responses.
Date: Wednesday, May 15th from 15.00-17.30, followed by our “konfliktfri” mingle.
Place: Ernst & Young, Jakobsbergsgatan 24, Stockholm
Who should attend?
To properly manage conflict minerals compliance requires cross-functional cooperation across a broad spectrum of operational areas, as was clearly determined during the OECD’s pilot program. This seminar is an excellent opportunity for both new and established conflict minerals teams, and for companies that are assessing their exposure and commitment to conflict minerals compliance.
It is most relevant for higher level management from any or all of the following functional areas: legal, compliance, sustainability, purchasing, materials, product design and management, investor relations and even executive management.
Why should you care about conflict minerals?
If you are in the supply chain of a company that is covered by Section 1502, you may already be working towards compliance with Dodd-Frank Section 1502. But even if you’re not required to by the regulation itself, you should be aware of growing consumer awareness, increasingly aggressive NGO activism and EU consideration of a similar regulation covering Member States, which even the Swedish government is monitoring.
Program Conflict Minerals
|14.30 – 15.00
|15.00 – 16.00
||Welcome – Håkan Ulrichs, Ernst & Young, Nordic Managing Partner, Climate Change & Sustainability Services
Introduction to the Dodd-Frank Act Section 1502 – Håkan Ulrichs, Ernst & Young
Why should we care about conflict minerals? – Jenny Sandahl, Ericsson AB, Environmental Strategy and Portfolio Management
US court challenge to Section 1502 by US Chamber of Commerce et al, Gary Baker, Ernst & Young, Executive Director, Climate Change & Sustainability Services, and Chairman, AmCham’s Corporate Responsibility Working Group
|16.00 – 16.15
|16.00 – 17.30
||Lessons from the OECD’s Conflict Minerals Pilot Program – and next steps – Tyler Gillard, Head of Project, OECD Investment Division, Paris
How are companies managing conflict mineral compliance?
How Ernst & Young can assist your company – Andrew Britton, Ernst & Young UK, Conflict Minerals Specialist
||“Konfliktfri” mingle and reflections on the day
Questions? Do you have questions or would you like to know more? Please contact Ida Bohman by emailing firstname.lastname@example.org
Due to the urgency of compliance with Section 1502 and its cross-functional nature, we expect this seminar to be fully booked.