CMR Covers Cobalt
About the data
Under US law, certain companies are required to file with the US Securities & Exchange Commission (SEC) a report that describes their efforts to responsibly source tin, tantalum, tungsten and gold (3TG) from the Democratic Republic of the Congo (DRC) and surrounding countries - called a "Conflict Minerals Report". If a company's Conflict Minerals Report also covers other minerals this would be a good sign that they take the issue seriously and are willing to go beyond the legal requirements.
This metric is asking whether the company's Conflict Minerals Report covers cobalt.
Methodology
Search the company's Conflict Minerals Report for the word "cobalt". If cobalt is mentioned, read the surrounding information to determine if cobalt is simply mentioned in passing (e.g. in the name of one of their smelters/refiners) or whether the company is taking steps to source cobalt responsibly.
- If it is clear that the company is taking steps to source cobalt responsibly, the answer for this metric is Yes.
- If cobalt is not mentioned or only in passing enter No as the value.