Conflict minerals compliance software ipointsystems. Conflict minerals policy statement and supplier letter federal signal. The ipoint sustainhub offers single signon access to the conflict minerals, material compliance reach, rohs, supply chain questionnaire and product chem risk applications, as well as further ipoint solutions with cloud capability. Under this rule, conflict minerals are essentially tin, tungsten, tantalum and gold that are mined either in the democratic. Addressing new conflict minerals requirements ethisphere. Sec adopts rule for disclosing use of conflict minerals. The ipoint compliance agent simplifies and automates the internal data collection and management, which in turn can be made available to external systems. Learn more about our innovative compliance and sustainability software solutions. The ipoint sustainhub is a universal cloudbased data hub for exchanging compliance and sustainability data throughout the supply chain.
Learn how to build the business case for conflict minerals compliance software automation. This makes the whole process transparent and traceable. Apr 21, 2017 its important to complete and submit the conflict minerals reporting template cmrt to reflect no usage of 3tgs. Under this rule, conflict minerals are essentially tin, tungsten, tantalum and gold that are mined either in the democratic republic of congo. Conflict minerals compliance tracking progam actio. Conflict minerals are defined by the sec as columbitetantalite coltan. Now that the sec rule for section 1502 for reporting conflict minerals has been. A euspecific conflict minerals legislation is expected by the end of this year.
This has for some years been a particular problem in the. Do the legislation or the sec rule make it illegal for us to use conflict minerals if. Introducing the ipoint conflict minerals platform the ipoint. The ipoint sustainhub offers single signon access to the conflict minerals, material compliance reach, rohs, supply chain. Conflict minerals software free trial ipointsystems. The conflict minerals reporting tools commonly used in the automotive industry are the conflict minerals reporting template cmrt and the ipoint conflict minerals platform ipcmp. Basic licenses are free of charge and are automatically assigned to each new account. Initiate, manage, and use your supply chain communication for your cm reporting the free trial has no hidden fees or setup costs. For example, tin extracted in canada, russia or argentina is considered a conflict mineral by definition. Second, the minerals addressed by the eu rule are not likely to be expanded beyond the minerals covered by the us conflict minerals law tantalum, tin, tungsten, gold.
The ipoint conflict minerals platform ipcmp is a webbased, ondemand software solution supporting manufacturing companies with the collection, management, aggregation and reporting of conflict minerals information across their entire supply. International regulations as well as customer require. On 20th january, the 11,000 th company registered as a user of the ipoint conflict minerals platform ipcmp. Federal signal corporation conflict minerals report for. Faro designs, develops, manufactures, markets and supports portable, software driven, 3d.
As part of the impact assessment, ipointsystems has conducted a study for the european commission. Honda, ford spearhead new conflict minerals reporting tool. Ann arbor 255 east liberty, suite 287 ann arbor, mi 48104 tel. Securities and exchange commission sec adopted a final rule the rule under section 1502 of the doddfrank wall street reform and consumer protection act the doddfrank act requiring publicly traded. The regulatory reform law directed the commission to. The secs conflict mineral rule requires uslisted companies to disclose whether their products contain certain metals tin, tantalum, tungsten, or gold and whether these metals originate from rebelheld mines which are funding armed conflict in the democratic republic of the congo drc region.
As part of the impact assessment, ipoint systems has conducted a study for the european commission. With the second filing period nearing its close for conflict minerals compliance under us doddfrank act section 1502 known as the conflict minerals rule many businesses have become aware that their current system for tracking substances and smelters is not working. Developed, controlled, and issued by the conflictfree sourcing initiative cfsi, the cmrt is. The rule was adopted by the securities and exchange commission sec.
With this, ipoint have consolidated their position as the market leader for software and services in the field of conflict minerals reporting. We are pleased to announce that ipoint, in conjunction with the automotive industry action group aiag, now provides classroom training in southfield, mi, on the ipoint conflict mineral platform ipcmp, one of. Free trial upgrade your conflict minerals basic license in only 4 steps. Securities and exchange commission sec adopted a final rule the rule under section 1502 of the doddfrank wall street reform and consumer protection act the doddfrank act requiring publicly traded companies subject to securities exchange act of 1934 reporting requirements. The ipoint conflict minerals platform ipcmp is a webbased, ondemand software solution supporting.
In addition, federal signal has purchased a license for software from ipoint systems. Jun 19, 20 conflict minerals are minerals mined in conditions of armed conflict and human rights abuses, and which are sold or traded by armed groups. The successful way to comply with existing and upcoming conflict minerals regulations usa, eu improves efficiency. Jonathan is the head of the conflict minerals program for the only solution provider cited in the final rules for the conflict mineral legislation. Federal signal corporation conflict minerals report for the year ended december 31, 20 this conflict minerals report of federal signal corporation hereinafter federal signal, the company, or we for calendar year 20 has been prepared pursuant to and in accordance with rule p1 of the securities exchange act of 1934. Aug 24, 2017 this video is part of a series of short video tutorials for basic license users of the conflict minerals app on the ipoint sustainhub. It allows for integration of multiple sustainability data collections in one place. Work faster, more efficiently and more accurately by using the ipoint conflict minerals application to fulfill your due diligence obligations across the supply chain. The ipoint conflict minerals platform is the most recent tool released that enables companies to trace their supply chain. Conflict minerals policy statement the conflict minerals disclosure rule on august 22, 2012, the u. Nov 05, 2014 with this, ipoint have consolidated their position as the market leader for software and services in the field of conflict minerals reporting, joerg walden, ceo of ipointsystems, proudly explains. Under this rule, conflict minerals are essentially tin, tungsten, tantalum and gold. We are pleased to announce that ipoint, in conjunction with the automotive industry action group aiag, now provides classroom training in southfield, mi, on the ipoint conflict mineral platform ipcmp, one of the automotive industrys preferred reporting tools.
Helps companies comply with doddfrank act and related rules. In the sec rule, drc conflictfree is defined as minerals that were extracted and did not directly or indirectly benefit armed groups in the covered countries. Introducing the ipoint conflict minerals platform the. European conflict minerals legislation expected by the end of.
Request a key to reset your password ipointsystems. Keep minerals conflictfree rolling back the conflicts mineral law would jeopardize the fragile peace in the congo. Compliance with international conflict minerals legislation usa, eu depending on your licence type you can use features and functionalities like. January 20 marked the beginning of the first conflict minerals reporting period for companies affected by the us doddfrank act. Product compliance and sustainability software ipoint. Prnewswire the software specialist ipointsystems has reached another. Conflict minerals compliance software ipoint systems. Federal signal corporation conflict minerals report for the year ended december 31, 20. Federal signal has purchased a license for software from ipoint systems.
New ipcmp training services with aiag ipointsystems. Our environmental product compliance software solutions can be found under the module tab. Conflict minerals is a term used to describe critical raw materials that are mined in conditions of violent conflict in the democratic republic of congo or adjoining countries. This report for the twelve months ended december 31, 2017 is presented to comply with rule p1 under the securities exchange act of 1934 the rule. On the cmrt form, under the declaration tab, complete the following. Garmin also utilizes the ipoint conflict minerals platform ipcmp, a webbased software solution developed by ipoint, inc. Conflict minerals reporting template cmrt version 5 updates. This video is part of a series of short video tutorials for basic license users of the conflict minerals app on the ipoint sustainhub. Federal signal corporation conflict minerals report for the. Aug 22, 2012 the securities and exchange commission today adopted a rule mandated by the doddfrank wall street reform and consumer protection act to require companies to publicly disclose their use of conflict minerals that originated in the democratic republic of the congo drc or an adjoining country. In addition, federal signal has purchased a license for software from ipoint. The number of companies that filed a conflict minerals disclosure in 2018 1,098 filings dropped by 5. The ipoint conflict minerals software platform ensures compliance with conflict minerals regulations in the usa and eu. This drives the transparency companies need for good decisionmaking to govern and evolve their business.
The ipcmp was launched in september 2012 and has since established itself as the crossindustry solution when it comes to complying with the legal. Since the adoption of the final conflict minerals rule by the us. Learn more about our ipoint ehs the leading environmental management software solution. To get more background information about the situation in the congo, go to. It has been suggested by the sec that the number of companies that may contain trace elements of conflict minerals could be in excess of 280,000, notes thomas bley, senior project manager for software maker ipointsystems and participant in a number of industry work groups. The software specialist ipointsystems has reached another important milestone. The securities and exchange commission today adopted a rule mandated by the doddfrank wall street reform and consumer protection act to require companies to publicly disclose their use of conflict minerals that originated in the democratic republic of the congo drc or an adjoining country. Conflict minerals basic license test the extended premium functionalities of the leading conflict minerals software for free. The rule imposes certain reporting obligations on sec registrants whose products contain conflict minerals that are necessary to the functionality or production of their products such minerals are referred to as necessary conflict minerals, excepting conflict minerals that, prior to january 31, 20, were located outside of the. Its important to complete and submit the conflict minerals reporting template cmrt to reflect no usage of 3tgs. On january 4, 2017, we acquired kita manufacturing co. Hp, honda and ford are among those that have developed software to help. Assent compliance is the most universally adopted conflict minerals software platform and currently the leading member of the conflict minerals stakeholder forum. Donald trumps suspension of conflict minerals rule would.
Come back next week for an article from the responsible sourcing network that will provide an overview of the range of systems and tools available for conflict mineral reporting. We asked them to register for the ipoint conflict minerals platform ipcmp. Under this rule, conflict minerals are essentially tin, tungsten, tantalum and gold that are mined either in the. European conflict minerals legislation expected by the end.
All of the components of those products have been included within the conflict minerals due diligence. The conflict minerals application allows for cascade and rollup of the rmi data from your supply chain instead of managing individual spreadsheets to and from your suppliers. The software specialist ipointsystems has reached a milestone. The sec published its conflict minerals rule in august 2012. Management of incoming and outgoing conflict minerals compliance requests. The sec rules define conflict minerals as 3tg metals, wherever extracted.