Annexes to JOIN(2014)8 - Responsible sourcing of minerals from conflict-affected and high-risk areas. Towards an integrated EU approach

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Annex III contains an external study on the assessment of due diligence compliance cost, benefit and related effect on selected operators in relation to the responsible sourcing of selected minerals (tin, tantalum, tungsten and gold). The main finding of the survey of concerned industries conducted in the context of this study is that a majority of respondents reported a relatively low level of costs for due diligence and reporting efforts. Expenditures are predominantly estimated at €13,500 for initial efforts (74%) and €2,700 for subsequent ongoing efforts (63.8%).

[20]    COM (2011) 637 Final.

[21]   http://www.un.org/en/land-natural-resources-conflict/index.shtml

[22]    COM (2008) 699 Final.

[23]    COM (2012) 82 Final.

[24]    COM (2011) 681 Final.

[25]    http://ec.europa.eu/enterprise/policies/sustainable-business/corporate-social-responsibility/humanrights/index_en.htm

[26]    JOIN (2013) 23 Final.

[27]    Regulation (EU) No 1287/2013 of the European Parliament and of the Council of 11 December 2013 establishing a Programme for the Competitiveness of Enterprises and small and medium-sized enterprises (COSME) (2014 - 2020) and repealing Decision No 1639/2006/EC - the COSME programme foresees actions to facilitate SME access to markets inside and outside the Union, such as providing information on existing barriers to market entry and business opportunities, public procurement and customs procedures, and improving support services in terms of standards and intellectual property rights.