Is
Your Android Phone Fueling a War?
If you did not catch the news this past July, the Dodd-Frank Wall
Street reform bill signed by President Obama included a new law stating that
publicly traded companies must disclose the measures they have taken to
eliminate so called conflict materials from their supply chains. By April
2011, all companies will have to report on sourcing policies related to tin,
tungsten, tantalum and gold. Justmeans contributor
Tim Mohin, Director of Corporate Responsibility at AMD (
NYSE:
AMD, Rank 193) details out the implications of this law in greater
detail. Martin Smith
caught
up with Dr. Peter Eigen, Chairman of the Extractive Industry Transparency
Initiative, in the Paul-Loeb Haus in the seat of parliament in Berlin for a 15
minute exclusive interview, to discuss the legislation in greater detail.
The legislation represents a significant step given that consumers are
often unaware just how much conflict materials make it into everyday
products. Timothy Devinney, author of the recent book
The Myth of the
Ethical Consumer,
spoke
with Justmeans about the danger of assuming that consumers care about
sustainability. Devinney notes “The way in which people conceptualize
social consumption is fundamentally wrong….If what you see in these surveys are
individuals reporting massive tsunamis to show social conscious in purchasing
were actually true, corporations would be falling over themselves trying to
produce these products.”
Whether computers, cars, jets, or jewelry, conflict materials are embedded
in many every day products. All the more reason for being able to see
which companies are excelling at sustainability, whether you are an investor or
a consumer:
To learn more the where Justmeans is going with the Global 1000
Sustainable Performance Leaders, join an upcoming webinar.
Upcoming
Events
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Biogas USA
October
13, 2010 • San
Francisco, CA, United States