Can Corporate Sustainability & Economic Growth Coexist?
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Submitted by: Electronic Industry Citizenship Coalition
Posted: May 01, 2013 – 01:55 PM EST
WASHINGTON, May 01 /CSRwire/ - The Electronic Industry Citizenship Coalition® (EICC®) and the Global e-Sustainability Initiative (GeSI) are pleased to announce the launch of the Conflict-Free Sourcing Initiative (CFSI). The CFSI replaces the name “EICC-GeSI Extractives Work Group” as the initiative grows and becomes more inclusive of stakeholders and a wide range of industry sectors supporting the sourcing of conflict-free minerals.
The CFSI is the global leader for the responsible sourcing of minerals. It provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. These resources are key to assisting companies to source minerals responsibly and help companies to comply with the new regulatory requirements under Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. This common approach reduces the need for duplication of efforts across the many sectors that are using conflict minerals, including the aerospace, apparel, automotive, defense, housing, jewelry, packaging, and toy industries.
The CFSI encompasses a multi-sector, multi-stakeholder network. The Automotive Industry Action Group (AIAG), the Japanese Electronics and Information Technology Industries Association (JEITA), the Retail Industry Leaders Association (RILA) are among its members. Together, this network has developed leading tools and resources including:
“Industry, governments and NGOs support the CFSI because of its open-source, multi-stakeholder design and its impact,” says Stephen D'Esposito, President of RESOLVE, an independent, solutions focused organization. “With the CFSI, the EICC and GeSI have created a resource for all those who support conflict-free supply chains.”
About EICC® (Electronic Industry Citizenship Coalition®)
The EICC is a not-for-profit established in 2004 to improve social, economic, and environmental conditions in the global electronic supply chain through a standardized code of conduct. It was incorporated in 2007 to encourage the code’s adoption across the industry. Members are committed to a common approach to corporate social responsibility issues in the global electronics supply chain, and work with external stakeholders to find solutions. The EICC includes more than 75 global electronics companies. For more information and the EICC Code of Conduct, see www.eicc.info.
About GeSI (Global e-Sustainability Initiative)
The Global e-Sustainability Initiative (GeSI) is a strategic partnership of the Information and Communication Technology (ICT) sector and organizations committed to technologies and practices that foster economic, environmental and social sustainability. Formed in 2001, GeSI’s vision is a sustainable world through responsible, ICT-enabled transformation. GeSI fosters global and open cooperation, publicizes its members’ actions to improve their sustainability performance, and promotes technologies that foster sustainable development. GeSI’s 33 members are leading ICT companies and associations. GeSI also partners with two UN organizations – the United Nations Environment Program (UNEP) and the International Telecommunications Union (ITU) – as well as a range of international stakeholders. These partnerships help shape GeSI’s global vision for an ICT sector that supports sustainable development. For more information, see www.gesi.org.
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