Compliance Alert! RMI will Phase Out the CRT and MRT
In a recent announcement, the Responsible Minerals Initiative (RMI) announced their intention to phase out the Cobalt Reporting Template (CRT) and Mica Reporting Template (MRT) by the end of March 2022. As an alternative to using the respective templates for the various minerals included within the software, the RMI released the Extended Minerals Reporting Template (EMRT) in October 2021. As a result of the discontinuation of the CRT and MRT, manufacturers will be forced to switch over to the EMRT instead. The CRT and MRT webpages will be taken offline after March 31, 2022, and the templates will no longer be available to the public. What is EMRT? On 20 October 2021, the Responsible Minerals Initiative (RMI) and the IPC 1755 standards committee published the Extended Mineral Reporting Template (EMRT). The Cobalt Report Template (CRT) and Mica Reporting Template (MRT) are being merged into the Extended Minerals Reporting Template (EMRT) in order that exploration companies can gather information on Cobalt and Mica as part of the due diligence process. Furthermore, the EMRT represents a transition from mineral-specific individual templates in order to demonstrate a more holistic approach toward managing minerals responsibly. A key objective of EMRT is the fact that, as corporate social responsibility (CSR) matures, further minerals will need additional scrutiny, and industry needs a template designed to evolve and should be adoptable by nature. With ComplianceXL, manufacturers can use our managed solution for minerals reporting with access to a dedicated supplier engagement team. We offer manufacturers a solution with updated RMI guidelines for EMRT, including data collection and reporting for cobalt and mica due diligence. Contact our responsible minerals compliance experts to learn more about streamlining your cobalt, mica, or conflict minerals data collection program.
Did you know, EMRT is updated by RMI?
On December 23, 2021, a new version of EMRT 1.02 is released by RMI. This new release has only minor changes. The new release has corrected the issues reported in Chinese translation. Originally, Extended Mineral Reporting Template (EMRT) was published by the Responsible Minerals Initiative (RMI) and IPC 1755 standards committee on 20th Oct 2021. The Cobalt Report Template (CRT) and Mica Reporting Template (MRT) have been consolidated into Extended Minerals Reporting Template (EMRT) to enable exploration companies to gather information on Cobalt and Mica as part of the due diligence process. A supply chain data collection and sharing tool, the EMRT is designed for downstream companies to use as a method to gather and disclose supply chain data. In the past, there were separate reporting templates for Cobalt and MICA. The purpose of the EMRT is to increase the efficiency and ease the supply chain surveying process by increasing the use of technology. Unlike conflict minerals (CMRT), there is no regulatory compliance requirement for cobalt and mica as of now which are the current scope of EMRT. It is expected that the next release of EMRT will be released in the fall of 2022. EMRTs are not collected by the RMI. EMRTs should be provided to your customers as a good practice measure, and may also be posted on your external website. The latest EMRT can be downloaded from the Responsible Mineral Initiative Website. http://www.responsiblemineralsinitiative.org/media/docs/RMI_EMRT_1.02.xlsx The EMRT was designed in accordance with the Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas of the OECD. It was created to serve as an aid to corporate due diligence and to facilitate the identification of smelters and refiners. Schedule a free consultation with our experts if this regulation applies to you and you want to learn more about this topic and available solutions.
All you need to know about Extended Mineral reporting template (EMRT) by RMI
In October of this year, the Responsible Mineral Initiative released a free, standardized report template, EMRT (Extended Mineral reporting template) v1.0. The purpose of this report is to gather compliance documents about Mica and Cobalt to be used in due diligence. In order to reduce costs and simplify supply chain surveying for downstream stakeholders, the EMRT was developed collaboratively by RMI members. The EMRT facilitates the exchange of information, such as the country of origin and the processors used to process minerals, along the supply chain. As a result, the company will be able to perform its due diligence for ensuring a responsible supply chain of minerals, refiners, and processors from high-risk and conflict-affected areas. EMRT focuses on the cobalt supply chain and natural mica supply chain at the moment. CMRT and EMRT are fundamentally different in that CMRT facilitates data exchange necessary for Dodd-Frank Act compliance through section 1502 of the Act. In the meantime, there are currently no regulatory requirements in place to ensure compliance for cobalt or mica. In addition to being provided to the customers, completed EMRTs can be posted on the company’s website as a good practice measure. Currently, RMI does not collect EMRTs. High-risk and conflict-affected areas are defined by the OECD as those with an armed conflict, widespread violence or other risks of harm to people. It can be an international or non-international conflict, involving two or more states, or it may be a liberating conflict. In high-risk areas, potential instabilities, institutional weaknesses, breakdowns in civil infrastructure, and widespread acts of violence are common. Cobalt refiner due diligence standard Version 1.0 was developed jointly by RCI (Responsible Cobalt Initiative) and RMI (Responsible Mineral Initiative). The standard is in effect until December 31, 2021. A new version of the Cobalt refiner due diligence standard, Version 2.0, will take effect on January 1, 2022. According to the schedule of release, the next version of EMRT is expected to arrive in 2022.
Mica Reporting Template – Learn More About the New Update for MRT 1.0
RMI (Responsible Mineral Initiatives) has released a new reporting template MICA REPORTING TEMPLATE (MRT 1.0) on 28th October 2020. This is the third reporting template released by RMI, the other two are CMRT and CRT. Mica is widely used in automotive and industrial coatings, paints and plastics as pigments. It also used in cosmetics and food industries. Since Mica is a good insulator and has good heat resistant property it used in electronic components and automotive products. India and Madagascar are the major mica producing countries in the world. Mica supply chains rely heavily on artisanal and small-scale extraction as well as manual processing. RMI has released the MRT 1.0 to enable a responsible mica supply chain that can be sustained without the use of child labour, illegal operations and unsafe health and safety conditions in mica production and processing. The Mica Reporting Template is a standardized reporting template developed by the RMI to identify choke points and collect due diligence information in the mica supply chain. It is a free template and you can down it here MRT provides the information about mica supply chain regarding country of origin and processors being utilized and it is designed for downstream suppliers to gather and disclose information about their mica supply chains. Currently there is no legal obligation or regulatory compliance requirements for reporting about mica supply chan. However, as a good practice MRT can be provided to your customers and may be posted in your website. The next version of MRT is expected be released during September- October 2021