ComplianceXL

BLOG

Stay informed with the latest regulatory updates
Home / Update on CMRT: What’s New in Version 6.31?
Update-on-CMRT-Version-6.31_-Whats-New

Update on CMRT: What’s New in Version 6.31?

The CMRT version 6.31 was released on May 26, 2023, and this addresses all the issues with the earlier CMRT v.6.3 which was reported to the RMI.

On May 5, 2023, RMI released CMRT V6.3 as a major update to the conflict minerals reporting template.

CMRT is a template developed by the Responsible Minerals Initiative (RMI) to identify the origin of minerals in products. With more updated information, RMI updates the CMRT template revision on a regular basis.

The Conflict Minerals Reporting Template collects sourcing information on Tantalum, Tin, Gold, and Tungsten, also known as 3TG. Industry sectors like electronics, automotive, aerospace, jewelry, and others rely heavily on the CMRT. As a result of its role in encouraging responsible sourcing and supply chain transparency, it contributes significantly to the upholding of ethical standards, the protection of human rights, and the promotion of sustainable practices in these industries.

For companies seeking to establish their Conflict Minerals status in the business market, the CMRT template has become a common and easy format to use.

The latest revision to the CMRT

CMRT version 6.3 has been updated with the following changes.

  • Analyze and correct all bugs and errors that have been reported to RMI.
  • Additional tips have been added to the Instruction tabs.
  • There have been revisions made to the ISO short names for countries, states, and provinces.
  • Updates have been made to the Smelter Reference list and the Standard Smelter list.

In addition to the changes to the Declaration tab, Smelter list tab and Smelter Lookup tab on the 3TG Questionnaire, there were a few other changes.

The following changes have been made.

  • When Question 1 is answered as “NO” for the presence of 3TG, the answer cells for the remaining 7 questions turn “Grey” and the option in the dropdown becomes blank. This change will help to avoid contradictory answers from the suppliers for the 3TG questions.
      • The dropdown option “100%” is missing in the answer cell for Question 6 – Tin which represents the percentage of the supplier response received when Tantalum is answered as “NO” for Question 1. This Correction is reflected in the new version.

      CMRT v.6.3


        CMRT v.6.31

        According to this year’s report, CMRT version 6.3 has undergone major modifications from its previous version. In a survey conducted by RMI, most supply chain members provided conflict minerals information using CMRT version 6.22. Since CMRT version 6.3 has been updated, RMI recommends using CMRT version 6.3 or higher for this year’s reporting.

        Which version of CMRT are you using for your Reasonable Country of Origin Inquiry (RCOI)? Learn how to adapt the new reporting template by speaking with one of our conflict minerals specialists.

        ComplianceXL helps collect 3TG information by sourcing the data from suppliers globally and validating it according to CMRT requirements. We strive to enable our customers to understand how high-risk smelters impact their supply chain.

        We are just a few weeks away from CMRT Reporting. It is important to remember to file your Company’s Form SD (Specialized Disclosure) and Conflict Minerals Report (CMR) with the Securities and Exchange Commission (SEC) by May 31, 2023.

Tags:

Share:

Talk to an Expert

Connect with our experts for tailored advice on achieving supply chain compliance and sustainability. Start your journey to compliance excellence now.

By clicking on send, you agree to our Terms of Use and Privacy Policy

Talk to an Expert

Connect with our experts for tailored advice on achieving supply chain compliance and sustainability. Start your journey to compliance excellence now.

By clicking on send, you agree to our Terms of Use and Privacy Policy

Download Case study

Thank You!

The PDF has been downloaded successfully.
By clicking on send, you agree to our Terms of Use and Privacy Policy