New RESOLVE Solutions Network Program to Support-Conflict Free Supply Chain for Target Minerals
Apr 3, 2012
RESOLVE is pleased to announce the launch of a new pilot project—the Conflict-Free Smelter (CFS) Early Adopters Fund. This Fund, initiated by Intel, HP and GE, is designed to support responsible minerals sourcing by encouraging smelters and refineries (smelters) to become early-adopters of the CFS Program, which seeks to end supply chain support for the sale of illicit minerals from the Democratic Republic of Congo (DRC) and the surrounding region.
The CFS Early-Adopters Fund offers each smelter company an extra incentive for early participation by helping to offset transition and start-up costs if they successfully comply with the CFS Program protocol. The idea for this Fund was hatched by companies who are committed to doing what it takes in their supply chains to promote transparency, and RESOLVE’s Solutions Networkplatform is an ideal home for managing and testing this pilot program. This is a great example of leading companies taking action to promote transparency and responsible sourcing in their supply chains. Intel, HP, and the GE Foundation are sponsoring this new, independent fund, and other leading organizations have been invited to support the Fund as well.
Because so much of this design is new, we do not expect it to be perfect at the outset. As with so much of the innovative work taking place to respond to conflict minerals, we are committed to working with stakeholders to continue testing and making improvements. Approximately a year into the pilot program we will invite key stakeholders to review the program results and help determine how to further strengthen efforts to support capacity building in the supply chain for conflict-free minerals.
RESOLVE’s President, Stephen D’Esposito explains “Early leadership from electronics companies helped catalyze development of the Conflict-Free Smelter Program, and once again we see leaders like Intel, HP and the GE Foundation taking action to make a difference in the world supply chain. RESOLVE is committed to work with stakeholders to test programs like this and inform, refine and strengthen policy and voluntary efforts on such issues.”
The Fund is part of a growing fabric of programs designed to build capacity to respond to the challenges of conflict minerals. The EICC and GeSI, these same sponsoring companies and others also support the Public Private Alliance for Responsible Minerals, a joint initiative between governments, companies, and civil society to support supply chain solutions to conflict minerals challenges in the DRC and the Great Lakes Region of Central Africa. To find out more about this program and RESOLVE’s involvement, click here.