World Gold Council Conflict-Free Gold Standard
|
|
- Theodora Walters
- 5 years ago
- Views:
Transcription
1 World Gold Council Conflict-Free Gold Standard Presented by Terry Heymann 2 May 2012 Meeting of the OECD-hosted forum on implementation of due diligence in the gold supply chain
2 Agenda 1. The World Gold Council 2. Global Gold Mining 3. The World Gold Council Conflict-Free Gold Standard Development & Consultation Features Structure 4. Other schemes 5. Conclusions 2
3 Introducing the World Gold Council The gold industry s market development organisation Recognised global authority on gold and its uses Active in the investment, jewellery, official and technology sectors Offices in London (head office), New York, Beijing, Shanghai, Tokyo, Mumbai and Chennai 9 of the world s top 10 gold mining companies in membership London (Head Office) New York Beijing Shanghai Tokyo Mumbai Chennai Offices 3
4 World Gold Council members 23 members representing over 65% of global corporate gold production 70% share of market capitalisation Associate Members China National Gold Corp., Franco-Nevada Corp., Hutti Gold Mines Co., Mitsubishi Materials Corp. and Royal Gold Inc. 4
5 Global Gold Mining 5
6 Global mine production is geographically diverse... North America 14% Other 3% Russia and others 13% Asia 19% Africa 20% Latin America 20% Oceania 12% Top 5 gold producers: China (13%), Australia, US, Russia and South Africa, Based on 2010 survey. Totals may not equal 100% due to rounding, Source: GFMS 6
7 The Conflict-Free Gold Standard 7
8 The Conflict-Free Gold Standard Responsibly undertaken, mining and its related activities can play an important role in achieving sustainable development and alleviating poverty reduction The Conflict-Free Gold Standard provides a mechanism through which gold producers can demonstrate that their gold has been extracted in a manner that does not fuel conflict or the abuse of human rights typically associated with such conflicts Builds on existing good practices and internationally accepted benchmarks (e.g. UN Guiding Principles on Business and Human Rights; Voluntary Principles on Security and Human Rights; EITI; etc) Conformance with the Standard will be externally assured 8
9 End 2011 / Start 2012 Ongoing work July 2010 June 2011 May 2011 March 2010 March 2012 H Conflict-Free Gold Standard: Development Process Steering Committee established Finalisation of OECD Guidance Consultation exercise Engagement with governments, NGOs and industry participants Roundtables in London, New York and Johannesburg Published Exposure Draft Dodd-Frank signed into law Published draft World Gold Council conflict-free standards Stress tests at site level (Ghana and Mexico) Consultation on Exposure Draft and draft Assurance Framework Ensure alignment with s.1502 rules and OECD gold supplement Member implementation support 9
10 Consultation & Engagement: Roundtable Participants 10
11 Conflict-Free Gold Standard: Structure For conflict-affected regions 5 stage assessment Part A Conflict Part B Company Part C Commodity Part D Externally- Sourced Gold Part E Statement of Conformance documentation For non-conflict affected regions, parts A, D and E remain relevant Independent, third party assurance 11
12 Part A Conflict For conflict-affected regions 5 stage assessment Part A Conflict Part B Company Part C Commodity Part D Externally- Sourced Gold Part E Statement of Conformance documentation Companies need to carry out due diligence about operating environment but should not have primary responsibility for defining conflict Three triggers 1. UN or regional sanctions 2. Authoritative national measures 3. Heidelberg Institute for Conflict Research Conflict Barometer regional ratings; 5 (severe war) 4 (limited war) Not intended to exclude output from conflict-affected areas merely to ensure that it is not causing conflict 12
13 Conflict assessment Definition of conflict-affected or high-risk is consistent with OECD Guidance: An area identified by the presence of armed conflict, widespread violence, including violence generated by criminal networks, or other risks of serious and widespread harm to people. Armed conflict may take a variety of forms, such as a conflict of international or non-international character, which may involve two or more states, or may consist of wars of liberation, or insurgencies, civil wars. High-risk areas are those where there is a high risk of conflict or of widespread or serious abuses as defined in paragraph 1 of Annex II of the OECD Guidance. Such areas are often characterised by political instability or repression, institutional weakness, insecurity, collapse of civil infrastructure, widespread violence and violations of national or international law. 13
14 Heidelberg Institute for International Conflict Research The Conflict Barometer 14
15 Part B Company For conflict-affected regions 5 stage assessment Part A Conflict Part B Company Part C Commodity Part D Externally- Sourced Gold Part E Statement of Conformance documentation Intended to ensure strength of company management systems -Commitment to human rights -Corporate activities and disclosure (e.g. payments to governments) -Security arrangements (e.g. risk assessments; control of private and public security) -Transparency of payments and benefits in kind -Community engagement; whistleblowing and grievance mechanisms 15
16 Part C Commodity For conflict-affected regions 5 stage assessment Part A Conflict Part B Company Part C Commodity Part D Externally- Sourced Gold Part E Statement of Conformance documentation Intended to assess the risk that gold may directly or indirectly fund conflict and associated human rights abuses -Tracking of gold-bearing material to avoid leakage of material -Treatment of low gold-bearing concentrates -Segregation of non-conformant materials -Transport arrangements Standard s scope ceases when custody of gold transfers to refiner 16
17 Part D Externally-Sourced Gold For conflict-affected regions 5 stage assessment Part A Conflict Part B Company Part C Commodity Part D Externally- Sourced Gold Part E Statement of Conformance documentation Intended to ensure that any gold brought-in by a conforming mine is produced responsibly Sets out due diligence requirements 17
18 Part E Statement of Conformance documentation For conflict-affected regions 5 stage assessment Part A Conflict Part B Company Part C Commodity Part D Externally- Sourced Gold Part E Statement of Conformance documentation Companies need to provide a Statement of Conformance that the gold leaving their mine-site is in conformance with the Conflict-Free Gold Standard Useful for refiners to aid their due-diligence processes 18
19 Alignment with regulatory and industry initiatives 19
20 Five-Step Framework for Risk-Based Due Diligence in the Mineral Supply Chain 1. Establish strong company management systems 2. Identify and assess risk in the supply chain 3. Design and implement a strategy to respond to identified risks 4. Carry out independent third-party audit of supply chain due diligence at identified points in the supply chain. 5. Report on supply chain due diligence 1. Internal organisation of the company to oversee conformance with the Standard 2. The Standard requires companies to assess operation al risks and procurement processes 3. The Standard lays out demanding practices for operating in conflict-affected areas 4. Does not cover refinery audits; however conformance is externally assured 5. The Standard requires an annual, externally assured public statement relating to conformance 20
21 Alignment with Section 1502 of Dodd-Frank Still awaiting final rules from the SEC. However, conformance with the Standard will clearly demonstrate that gold has been produced in a manner that is not fuelling conflict We remain concerned that Section 1502 could have unintended consequences, leading to stigmatisation of responsibly-produced minerals from the DRC and the Great Lakes Region As such, we support the inclusion of a category of indeterminate origin which would allow a refiner to mix conflict-free gold from different sources; need to segregate gold from the DRC makes it economically unfeasible We support the SEC aligning their rules closely with the OECD Due- Diligence Guidance 21
22 Harmonisation of Gold Supply Chain Initiatives World Gold Council LBMA EICC RJC Applies to Mining companies Refiners Refiners All supply chain Focus Conflict-free; OECD Due Diligence; leading human rights instruments OECD Due diligence, Know Your Customer and Anti-Money Laundering Country of origin; Dodd Frank Act Code of Practices; OECD Due Diligence Audit outcome Third party assurance of good practice and due diligence Good Delivery Accreditation Validated Smelter/ Refiner list Chain of Custody Certification Harmonisation Supports refiner due diligence for mined gold under LBMA, RJC, EICC Opportunity for harmonisation with RJC and EICC Opportunity for harmonisation with LBMA and RJC RJC Chain of Custody will recognise LBMA and EICC re conflict-sensitive sourcing. World Gold Council Standard supports mined gold due diligence for Chain of Custody 22
23 Conclusions Action to eradicate the misuse of gold to fund conflict Protects the reputation of gold Enables mining operations to continue if they can prove to stakeholders they are working responsibly Underlines gold s role as a source of social and economic development Consultation open until 30 June
24 Thank you To view a copy of the Draft Conflict-Free Gold Standard, please visit: To submit comments on the Draft Conflict-Free Gold Standard, please conflictfreestandard@gold.org World Gold Council 10 Old Bailey, London EC4M 7NG T F
Ruth Crowell - LBMA 1
LBMA Responsible Gold Guidance Structure & Implementation Ruth Crowell Commercial Director, London Bullion Market Association 1 st May, 2012 1 Scope LBMA Responsible Gold Guidance Structure Implementation
More information03 Industry Harmonisation
Update for Good Delivery Refiners Ruth Crowell Deputy Chief Executive, LBMA 11 th September, 2012 Scope 01 Responsible Gold SEC Update OECD Update 02 Responsible Gold Audit Guidance Recommended Auditors
More informationResponsible mineral supply chains Global multi-stakeholder cooperation in producing, processing & consuming countries
Responsible mineral supply chains Global multi-stakeholder cooperation in producing, processing & consuming countries Tyler Gillard, Head of Sector Projects Responsible Business Conduct Unit OECD Conflict
More informationBullion Banks and Gold Traders Peer Learning Webinar. 30 July, 2013
Bullion Banks and Gold Traders Peer Learning Webinar 30 July, 2013 For distribution: 15 August 2013 Agenda Welcome Introduction to the OECD Due Diligence Guidance Proposed Bullion Bank Best Practice Guide
More informationResponsible Gold The Role of the LBMA
Responsible Gold The Role of the LBMA Ruth Crowell Deputy Chief Executive, London Bullion Market Association 14 th August, 2012 1 Scope Background The Role of the LBMA Good Delivery List LBMA Responsible
More informationTEXTS ADOPTED Provisional edition
European Parliament 2014-2019 TEXTS ADOPTED Provisional edition P8_TA-PROV(2015)0204 Union system for self-certification of importers of certain minerals and metals originating in conflict-affected and
More informationPrecious Metals Supply Chain Policy Editor: CEO Release: v04 Date:
Precious Metals Supply Chain Policy Editor: CEO Release: v04 Date: 31.12.2017 Precious Metals Supply Chain Policy_v04 / mm / 23.08.2013 1 / 7 Index 1 Foreword... 3 2 Scope... 3 3 Our Commitment... 4 4
More informationCONFLICT MINERALS AND THE DODD FRANK ACT Impact on the gold and tungsten supply chain. Cecilia Gardner, President & CEO
CONFLICT MINERALS AND THE DODD FRANK ACT Impact on the gold and tungsten supply chain Cecilia Gardner, President & CEO Sec. 1502 Conflict Minerals in West Africa Tin, Tungsten, Tantalum and Gold Address
More informationCONFLICT MINERALS AND THE DODD FRANK ACT Impact on the gold and tungsten supply chain
CONFLICT MINERALS AND THE DODD FRANK ACT Impact on the gold and tungsten supply chain Cecilia Gardner, President & CEO Sec. 1502 Conflict Minerals in West Africa Tin, Tungsten, Tantalum and Gold Address
More informationPrecious Metals Supply Chain Policy
Precious Metals Supply Chain Policy Editor: CEO Release: v03 Date: 31.12.2015 Precious Metals Supply Chain Policy_v03 / mm / 31.12.2015 1 / 6 Index 1 Foreword... 3 2 Our Commitment... 3 3 The Precious
More informationSIGNET JEWELERS LIMITED
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD SPECIALIZED DISCLOSURE REPORT SIGNET JEWELERS LIMITED (Exact name of Registrant as specified in its charter) Bermuda 1-32349
More informationImplementing the Supplement on Gold to the OECD Due Diligence Guidance
Implementing the Supplement on Gold to the OECD Due Diligence Guidance Dr Lahra Liberti Head of Project OECD Investment Division Five Step Risk-Based Due Diligence 1. Establish strong company management
More informationImplementing the Supplement on Gold to the OECD Due Diligence Guidance
Implementing the Supplement on Gold to the OECD Due Diligence Guidance Dr Lahra Liberti Head of Project OECD Investment Division Five Step Risk-Based Due Diligence 1. Establish strong company management
More informationSignet Jewelers Limited
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD SPECIALIZED DISCLOSURE REPORT Signet Jewelers Limited (Exact name of the registrant as specified in its charter) Bermuda
More informationConflict Minerals: the Current State of Play International Copper Study Group ICSG/EEC38/1 Environmental and Economic Committee meeting
Conflict Minerals: the Current State of Play International Copper Study Group ICSG/EEC38/1 Environmental and Economic Committee meeting Chiara Venturini Director, GeSI Lisbon, 23 April 2015 About GeSI
More informationPrecious Metals Integrity. Responsible Sourcing
Precious Metals Integrity Responsible Sourcing 2018 2 PRECIOUS METALS INTEGRITY RESPONSIBLE SOURCING LBMA - GLOBAL AUTHORITY FOR PRECIOUS METALS MAINTAINS THE HIGHEST STANDARDS FOR RESPONSIBLE SOURCING.
More informationHenan Zhongyuan Gold Smelter Co., LTD Responsible Gold Supply Chain Due Diligence Management Policy
Appendix 1 Henan Zhongyuan Gold Smelter Co., LTD Responsible Gold Supply Chain Due Diligence Management Policy Section 1: Introduction No.1 In order to combat systematic or widespread abuse of human rights,
More informationThe Quest For 'Conflict Minerals' Accountability
Portfolio Media. Inc. 860 Broadway, 6th Floor New York, NY 10003 www.law360.com Phone: +1 646 783 7100 Fax: +1 646 783 7161 customerservice@law360.com The Quest For 'Conflict Minerals' Accountability Law360,
More informationTEXTS ADOPTED Provisional edition
European Parliament 2014-2019 TEXTS ADOPTED Provisional edition P8_TA-PROV(2017)0090 Supply chain due diligence by importers of minerals and metals originating in conflict-affected and high-risk areas
More informationConflict Minerals What Companies Need To Know Now
Conflict Minerals What Companies Need To Know Now Dynda Thomas Squire Sanders USFIA Webinar May 1, 2014 39 Offices in 19 Countries Disclaimer The information contained in this presentation contains general
More informationThe benefits for Uganda of joining the emerging global transparency standard for extractive industry revenues
The benefits for Uganda of joining the emerging global transparency standard for extractive industry revenues August 2013 This paper summarizes the implications for Uganda of the new international transparency
More informationOECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas
OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas DRAFT Best Practice Paper Upstream due diligence in circumstances of incorrect, fraudulent,
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM SD SPECIALIZED DISCLOSURE REPORT. GoPro, Inc.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD SPECIALIZED DISCLOSURE REPORT GoPro, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 001-36514 77-0629474
More informationLegal and Market-side Demands for Traceability in the Mineral Supply Chain
Karen Hayes, Director Mines to Markets, Pact International Conference on Artisanal and Small-scale Mining in the Asia Pacific Region: Current Status and Challenges Ulaanbaatar, Mongolia, 28-31 May, 2013
More informationASCENA RETAIL GROUP, INC.
ASCENA RETAIL GROUP, INC. FORM SD (Specialized Disclosure Report) Filed 05/29/15 Address 933 MACARTHUR BOULEVARD MAHWAH, NJ, 07430 Telephone 551.777.6700 CIK 0001498301 Symbol ASNA SIC Code 5621 - Retail-Women's
More informationMATTHEWS INTERNATIONAL CORPORATION Conflict Minerals Report
MATTHEWS INTERNATIONAL CORPORATION Conflict Minerals Report This Conflict Minerals Report of Matthews International Corporation and its subsidiary companies (collectively, the Company ) has been prepared
More informationDMCC Rules for Risk Based Due Diligence in the Gold and Precious Metals Supply Chain Version 1.0/2016
DMCC Rules for Risk Based Due Diligence in the Gold and Precious Metals Supply Chain Version 1.0/2016 1 Contents Part A Introduction and Guidance to Interpretation Part B Articles Part C Rules Rule 1 Supply
More informationTHE OECD GUIDELINES: OVERVIEW AND 2014 REVISION
THE OECD GUIDELINES: OVERVIEW AND 2014 REVISION Fianna Jurdant Senior Policy Analyst Corporate Affairs Division, OECD EU Asia Corporate Governance Dialogue The OECD and its work on SOEs the OECD Hosts
More informationThis Review of Corporate Governance in Chile is part of a series of reviews of national policies
FOREWORD Foreword This Review of Corporate Governance in Chile is part of a series of reviews of national policies undertaken for the OECD Corporate Governance Committee. It was prepared as part of the
More informationConflict minerals December 2012
Conflict minerals December 2012 Conflict minerals In maintaining its social license to operate, the mining and metals sector must ensure that it has stewardship of its supply chain and that at each stage
More informationBACKGROUND ON THE SEC CONFLICT MINERALS RULE SEC REQUIREMENTS FOR CONFLICT MINERALS REPORTING
BACKGROUND ON THE SEC CONFLICT MINERALS RULE On August 22, 2012, the SEC approved a final rule implementing Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Conflict Minerals
More informationConflict Minerals. David M. Spooner Dynda A. Thomas Squire Sanders. November 8, Offices in 18 Countries
Conflict Minerals David M. Spooner Dynda A. Thomas Squire Sanders November 8, 2012 37 Offices in 18 Countries Overview Section 1502 of the Dodd-Frank Act required the Securities and Exchange Commission
More informationDST Systems, Inc. (Exact name of registrant as specified in its charter)
Section 1: SD (DST SYSTEMS, INC. SD 12-31-2014) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD SPECIALIZED DISCLOSURE REPORT DST Systems, Inc. (Exact name of registrant
More informationConflict Minerals Part III of III What M&A Lawyers Should Know About the Conflict Minerals Rule
Conflict Minerals Part III of III What M&A Lawyers Should Know About the Conflict Minerals Rule October 2012 Overview Section 1502 of the Dodd-Frank Act required the Securities and Exchange Commission
More informationNEVRO CORP. (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report NEVRO CORP. (Exact name of registrant as specified in its charter) Delaware 001-36715 56-2568057
More informationAssessment of Governance of the Insurance Sector
COUNTRY NAME Assessment of Governance of the Insurance Sector Background In recent years the World Bank has reviewed corporate governance of financial institutions (both banks and insurance companies)
More informationThe social and economic impacts of gold mining
The social and economic impacts of gold mining The social and economic impacts of gold mining. A research study by Maxwell Stamp commissioned by the World Gold Council. About the World Gold Council The
More informationConflict Minerals: New Developments and Preparing for 2017 Disclosures
Conflict Minerals: New Developments and Preparing for 2017 Disclosures ACC Environmental & Sustainability Legal Quick Hit Paul Hagen, phagen@bdlaw.com Lauren Hopkins, lhopkins@bdlaw.com April 13, 2017
More informationBoliden s Business Partner Code of Conduct
1 (5) Boliden s Business Partner Code of Conduct Introduction and Basis of the Code Boliden is committed to long-term sustainable development and strives to be a sustainable link in the value chain of
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM SD. Foot Locker, Inc.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report Foot Locker, Inc. (Exact name of registrant as specified in its charter) New York 1-10299 13-3513936
More informationFORM SD Specialized Disclosure Report
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report The Valspar Corporation (Exact name of registrant as specified in its charter) Delaware 1-3011
More informationLBMA Questionnaire Recyclable Material
LBMA Questionnaire Recyclable Material 1. COMPANY DETAILS a. Name b. Registered Address c. Business Address d. Phone Number e. Date of Incorporation f. Country of Incorporation g. Business Registration
More informationA conflict minerals regulation that works
February 2015 A conflict minerals regulation that works Strengthening the European Commission s proposal for a Regulation setting up a Union system for supply chain due diligence self-certification of
More informationDevelopments in bullion markets. Sakhila Mirza General Counsel, LBMA
Developments in bullion markets Sakhila Mirza General Counsel, LBMA LONDON BULLION MARKET Key Elements Focused on the Loco London Contract but with a global membership and client base Largest Financial
More informationThe OECD Guidelines for Multinational Enterprises
ECD Watch The OECD Guidelines for Multinational Enterprises a tool for responsible business conduct OECD Guidelines about the for Multinational enterprises The OECD Guidelines for Multinational Enterprises
More informationCONFLICT MINERAL COMPLIANCE FAQ
CONFLICT MINERAL COMPLIANCE FAQ DODD-FRANK WALL STREET REFORM & CONSUMER PROTECTION ACT, SECTION 1502 INTRODUCTION Section 1502 of the Dodd-Frank Wall Street Reform & Consumer Protection Act requires publicly-traded
More informationThe direct economic impact of gold
www.pwc.co.uk The direct economic impact of gold October 2013 www.pwc.co.uk The work carried out by PricewaterhouseCoopers LLP ("PwC") in relation to this report has been carried out only for the World
More informationAnti-money laundering Annual report 2017/18
Anti-money laundering Annual report 2017/18 Anti-money laundering Contents 1 Introduction 4 2 Policy developments 5 3 OPBAS 7 4 How our AML supervision is evolving 8 5 Findings and outcomes 9 6 Financial
More informationNatural Resource-Based Development
8th Plenary Meeting of the Policy Dialogue on Natural Resource-Based Development Launch of the Thematic Dialogue on Commodities Trading Transparency Joseph Williams 16 June 2017 Overview of presentation
More informationForeign Business Customer Know Your Customer Form (KYC)
Foreign Business Customer Know Your Customer Form (KYC) Thank you for your interest in establishing a business relationship with IGR Precious Metals DMCC We are excited to welcome you to experience our
More informationAmerican Eagle Outfitters, Inc.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD SPECIALIZED DISCLOSURE REPORT American Eagle Outfitters, Inc. (Exact name of the registrant as specified in its charter)
More informationPromoting integrity in the private sector
24TH OSCE ECONOMIC AND ENVIRONMENTAL FORUM Strengthening stability and security through co-operation on good governance CONCLUDING MEETING Prague, 14 16 September 2016 Session 3: Mr.Drago Kos, Chair of
More informationREPORT ON THE PUBLIC CONSULTATION
EUROPEAN COMMISSION DIRECTORATE-GENERAL FOR TRADE REPORT ON THE PUBLIC CONSULTATION ON A POSSIBLE EU INITIATIVE ON RESPONSIBLE SOURCING OF MINERALS ORIGINATING FROM CONFLICT-AFFECTED AND HIGH-RISK AREAS
More informationOECD Enterprises in African Development. Andrea Goldstein OECD Investment Division China-DAC Study Group AU, Addis Ababa 16/17 February 2011
OECD Enterprises in African Development Andrea Goldstein OECD Investment Division China-DAC Study Group AU, Addis Ababa 16/17 February 2011 Outline 1 FDI and the Crisis 2 3 4 Global Business: A New Geography?
More informationMoving precious metals into to the
Link to Article on website Moving precious metals into to the modern world 1 Executive summary The rapid rise in the gold market's infrastructure in Asia in the past decade is now being followed by increasing
More informationOpinion: The fight against child labor abuses in mining
Opinion: The fight against child labor abuses in mining By Juliane Kippenberg, Human Rights Watch, adapted by Newsela staff on 06.07.16 Word Count 854 Level 1040L A child stands next to blackened zinc
More informationHuman rights and Transnational corporations: Legislation and Government Regulation
Human rights and Transnational corporations: Legislation and Government Regulation Note of a meeting held at Chatham House on 15 June 2006. This summary is issued on the understanding that if any extract
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM SD. Specialized Disclosure Report. II-VI Incorporated
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report II-VI Incorporated (Exact name of registrant as specified in its charter) Pennsylvania 0-16195
More informationOBJECTIVES FOR FATF XXVII ( )
OBJECTIVES FOR FATF XXVII (2015-2016) PAPER BY THE INCOMING PRESIDENT List of priorities 1. Enhancing FATF and FSRB s efforts in countering terrorist financing 2. Addressing the challenges faced by the
More informationTHEMATIC COMPILATION OF RELEVANT INFORMATION SUBMITTED BY UNITED STATES OF AMERICA ARTICLE 12 UNCAC PRIVATE SECTOR AND PUBLIC-PRIVATE PARTNERSHIPS
THEMATIC COMPILATION OF RELEVANT INFORMATION SUBMITTED BY UNITED STATES OF AMERICA ARTICLE 12 UNCAC PRIVATE SECTOR AND PUBLIC-PRIVATE PARTNERSHIPS UNITED STATES OF AMERICA (THIRD MEETING) United States
More informationYamana Gold s Conflict-Free Gold Report
Yamana Gold s Conflict-Free Gold Report November 2017 1 Background Yamana Gold (together with its affiliates; Yamana), recognizes the importance of striving to meet and exceed our corporate social responsibility
More informationCINTAS CORPORATION (Exact name of registrant as specified in its charter) Washington
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report CINTAS CORPORATION (Exact name of registrant as specified in its charter) Washington 0-11399
More informationHuman rights and multinational business -
Whitepaper Human rights and multinational business - Due diligence on supply chains and corporate risk management obligations Scott Lane & Michael Woodward of The Red Flag Group Contents 1. Introduction
More informationGuidance for Monetary Authorities on the recommended practice in accounting for monetary gold
Guidance for Monetary Authorities on the recommended practice in accounting for monetary gold About the World Gold Council The World Gold Council is the market development organisation for the gold industry.
More informationConflict minerals (Dodd-Frank Section 1502)
Conflict minerals (Dodd-Frank Section 1502) A Path to Compliance April 11, 2013 Introductions Shawn Curtis Risk Assurance Director PricewaterhouseCoopers, LLP Jeff Fowler Risk Assurance Manager PricewaterhouseCoopers,
More informationPEACENEXUS INVESTMENT GUIDELINES
PEACENEXUS INVESTMENT GUIDELINES Introduction The overall purpose of PeaceNexus (PN) is to improve the effectiveness of peacebuilding. An investment aligned with this purpose does not fuel conflict and
More informationESG REQUIREMENTS MAY 2017
ESG REQUIREMENTS MAY 2017 1 INTRODUCTION Frontier Investment Management ( the Fund Manager ) is a private equity infrastructure fund manager with offices in Copenhagen and East Africa with a unique focus
More informationInternational Accounting Standards Board
International Accounting Standards Board International Accounting Standards Board The IASB agenda today and priorities for the future IASB is committed to develop, in the public interest, a single set
More informationTHE GREENBRIER COMPANIES, INC.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM SD Specialized Disclosure Report Commission File No. 1-13146 THE GREENBRIER COMPANIES, INC. (Exact name of registrant as specified
More informationNBMC s policies follow the OECD guidelines and recommendations.
ANNUAL DUE DILIGENCE REPORT FOLLOWING THE OECD GUIDANCE RECOMMANDATIONS DATED 20 TH OCTOBER 2014 I. New Bugarama Mining Company Ltd Conflict Mining Policies New Bugarama Mining Company Ltd (hereafter NBMC
More informationReport on the activities of the Independent Integrity Unit
Meeting of the Board 1 4 July 2018 Songdo, Incheon, Republic of Korea Provisional agenda item 23 GCF/B.20/Inf.17 30 June 2018 Report on the activities of the Independent Integrity Unit Summary This report
More information1 INTRODUCTION. Frontier Investment Management ( the Fund Manager ) is a private equity infrastructure
ESG REQUIREMENTS MAY 2017 1 INTRODUCTION Frontier Investment Management ( the Fund Manager ) is a private equity infrastructure fund manager with offices in Copenhagen and East Africa with a unique focus
More informationFINANCIAL CONDUCT AUTHORITY DRAFT GUIDANCE POLITICALLY EXPOSED PERSONS
SPCB(2017)Paper 38 20 April 2017 FINANCIAL CONDUCT AUTHORITY DRAFT GUIDANCE POLITICALLY EXPOSED PERSONS Executive Summary 1. The Financial Conduct Authority ( FCA ) has invited the Scottish Parliament
More informationOECD Report to G7 Leaders on Responsible Business Conduct
OECD Report to G7 Leaders on Responsible Business Conduct This note describes work undertaken by the OECD to support the implementation of the 2015 G7 Leaders Declaration in the area of responsible business
More informationGAO s Work Under Section 1502 of the Dodd-Frank Act: A Conflict Minerals Webinar Hosted by Ropes & Gray November 3, 2016
GAO s Work Under Section 1502 of the Dodd-Frank Act: A Conflict Minerals Webinar Hosted by Ropes & Gray November 3, 2016 Kimberly Gianopoulos Director, International Affairs and Trade Godwin Agbara Assistant
More informationCALTEX AUSTRALIA LIMITED TAXES PAID REPORT YEAR ENDED 31 DECEMBER 2014
CALTEX AUSTRALIA LIMITED TAXES PAID REPORT YEAR ENDED 31 DECEMBER 2014 INTRODUCTION I am pleased to publish this report on taxes paid and collected by Caltex Australia Limited and its controlled entities
More informationMODERN SLAVERY ACT 2015
MODERN SLAVERY ACT 2015 THE IMPACT ON MULTINATIONAL BUSINESSES Martin Luff and Thomas Wilson of Vinson & Elkins LLP examine the implications of the Modern Slavery Act 2015 for non-uk businesses and other
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM SD. Specialized Disclosure Report. II-VI Incorporated
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report II-VI Incorporated (Exact name of registrant as specified in its charter) Pennsylvania 0-16195
More informationMutual Accountability Introduction and Summary of Recommendations:
Mutual Accountability Introduction and Summary of Recommendations: Mutual Accountability (MA) refers to the frameworks through which partners hold each other accountable for their performance against the
More informationKey risks and mitigations
Key risks and mitigations This section summarises how we control risk. It sets out how we manage the risks in our business and how we have developed risk management. It summarises the role of the Group
More informationALLEGHANY CORPORATION (Exact name of registrant as specified in its charter)
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report ALLEGHANY CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-9371
More informationThe risks that arise from violating CSR norms
COMMENTARY The risks that arise from violating CSR norms Evolving norms of corporate social responsibility (CSR) reflect changing expectations for corporate behaviour, often exceeding the requirements
More informationWhat makes corporations engagement in the EITI important?
The Extractive Industry Transparency Initiative (EITI) has created a bridge between government, civil society, oil, gas and mining companies and investors to improve global standards to promote transparent
More informationProperty, Plant and Equipment: Proceeds before Intended Use Paper topic Summary of feedback on the proposed amendments to IAS 16
IASB Agenda ref 12D STAFF PAPER IASB Meeting Project December 2017 Property, Plant and Equipment: Proceeds before Intended Use Paper topic Summary of feedback on the proposed amendments to IAS 16 CONTACT(S)
More informationLIVE WEBCAST UPDATE ON BEPS PROJECT. 26 May :00pm 2:00pm (CEST)
LIVE WEBCAST UPDATE ON BEPS PROJECT 26 May 2014 1:00pm 2:00pm (CEST) Speakers Pascal Saint-Amans Director, Centre for Tax Policy and Administration Raffaele Russo Head of BEPS Project Marlies de Ruiter
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM SD RICHARDSON ELECTRONICS, LTD.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD SPECIALIZED DISCLOSURE REPORT Richardson Electronics RICHARDSON ELECTRONICS, LTD. (Exact name of registrant as specified
More informationDeveloping countries and the commodities trade: Why transparency matters
GLOBAL COMMODITIES FORUM 7-8 April 2014 Developing countries and the commodities trade: Why transparency matters by Mr. Alexandra Gillies Head of Governance, Revenue Watch Institute The views expressed
More information14684/16 YML/sv 1 DGC 1
Council of the European Union Brussels, 28 November 2016 (OR. en) 14684/16 OUTCOME OF PROCEEDINGS From: To: General Secretariat of the Council Delegations DEVGEN 254 ACP 165 RELEX 970 OCDE 4 No. prev.
More informationSEC ENVIRONMENTAL REPORTING
SEC ENVIRONMENTAL REPORTING Association of Corporate Counsel Environmental and Sustainability Committee June 9, 2011 Holly Cannon Principal Beveridge & Diamond, P.C. Washington, DC dcannon@bdlaw.com OVERVIEW
More informationDECLARATION ON CURBING ILLICIT FINANCIAL FLOWS THROUGH GOOD FINANCIAL GOVERNANCE
DECLARATION ON CURBING ILLICIT FINANCIAL FLOWS THROUGH GOOD FINANCIAL GOVERNANCE UNITED AGAINST ILLICIT FINANCIAL FLOWS We, the African Organisation of Public Accounts Committees (AFROPAC), the African
More informationUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM SD
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report Joe s Jeans Inc. (Exact name of the registrant as specified in its charter) Delaware 0-18926
More informationCOMMON TRENDS 2016; ESG, CSR & SDG s. Parul Sharma Head of CSR Compliance, Advokatfirman Vinge
COMMON TRENDS 2016; ESG, CSR & SDG s Parul Sharma Head of CSR Compliance, Advokatfirman Vinge Agenda 2030 (SDGs) Five most crucial ESG trend areas for investors 2016 Supply chain management becomes stringent
More informationCOUNCIL OF THE EUROPEAN UNION. Brussels, 15 May /07 DEVGEN 89 ACP 94 RELEX 347
COUNCIL OF THE EUROPEAN UNION Brussels, 15 May 2007 9558/07 DEVGEN 89 ACP 94 RELEX 347 NOTE from : General Secretariat on : 15 May 2007 No. prev. doc. : 9090/07 Subject : EU Code of Conduct on Complementarity
More informationPrivate Sector and development: a global responsibility?
Private Sector and development: a global responsibility? - the EU Communication on the role of Private sector and Development - The conclusions of the Foreign Affairs Council - Points of Departure of Concord
More informationDisclaimer 9/18/2013. Growing Awareness. Conflict in the DRC Dodd Frank Act. Affected companies SEC disclosure
9/8/0 Disclaimer Conflict Minerals 0 Understanding Your Obligations Under Sec. 50 of the Dodd Frank Act Isaac Powell E Company Disclaimer information contained in this web seminar contains general information
More informationInternational Standards for responsible mining
International Standards for responsible mining Why are International Mining standards usefull? Most of mining related problems/conflicts are NOT unique and there is a lot of information and lessons learned
More informationFORM SD Specialized Disclosure Report
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM SD Specialized Disclosure Report Graphic Packaging Holding Company (Exact name of registrant as specified in its charter) Georgia
More informationEU-Mexico Free Trade Agreement EU TEXTUAL PROPOSAL. Anti-corruption provisions
EU proposal Without prejudice This document contains an EU proposal for a legal text on anti-corruption in a possible modernised EU-Mexico Association Agreement. It has been tabled for discussion with
More informationSession 12: International Standards and Best Practices for Aid Flows, Revenue Transfers, and NRM
Session 12: International Standards and Best Practices for Aid Flows, Revenue Transfers, and NRM Workshop on Corruption Risks and Anti- Corruption Strategies in Climate Aid Financing Manila, Philippines
More informationOPERATIONAL INSTRUCTION REF. OI.IPMG ACCEPTANCE OF ENGAGEMENT AGREEMENTS
Headquarters, Copenhagen 3 April 2018 OPERATIONAL INSTRUCTION REF. OI.IPMG.2018.02 ACCEPTANCE OF ENGAGEMENT AGREEMENTS 1. Authority 1.1. This Operational Instruction (OI) is promulgated by the Director
More information