Enhancing Supply Chain Transparency with EMRT 2.0

Enhancing Supply Chain Transparency with EMRT 2.0

The Responsible Minerals Initiative (RMI) will release EMRT 2.0 in April 2025, marking a significant advancement in supply chain due diligence and transparency. This update broadens the scope of the Extended Minerals Reporting Template (EMRT) to include four additional minerals: copper, natural graphite, lithium, and nickel. Why the Expansion? The addition of these minerals enhances companies’ reporting capabilities, particularly in adapting to evolving regulatory requirements. Notably, the EU Battery Regulation mandates reporting on graphite, lithium, and nickel, making their inclusion in EMRT 2.0 essential for compliance. Copper was added due to the large number of eligible facilities in its supply chain, further demonstrating RMI’s commitment to responsible sourcing. What’s New in EMRT 2.0? How Does This Impact Companies? For mineral-dependent businesses, EMRT 2.0 offers a streamlined and standardized system for mineral reporting. Companies can efficiently gather and maintain mineral origin data, ensuring compliance with international standards. By adopting EMRT 2.0, companies enhance their supply chain due diligence, strengthen their reputation as responsible sources, and contribute to greater industry transparency. With ever-evolving regulations and increasing supply chain complexities, EMRT 2.0 emerges as a crucial tool for ensuring ethical and responsible mineral sourcing. The planned April 2025 release offers companies a head starts on compliance, positioning them ahead of regulatory demands. At ComplianceXL, we provide end-to-end supply chain compliance solutions, helping companies seamlessly integrate EMRT 2.0 into their reporting frameworks. Our experts assist with data collection, supplier engagement, and regulatory compliance, ensuring businesses stay aligned with global standards. Stay ahead of industry changes with ComplianceXL’ s tailored compliance services and build a more sustainable and transparent supply chain. FAQs: 1. What are the Extended Minerals Reporting Template (EMRT) 2.0? EMRT 2.0 is a standardized supply chain reporting tool developed by the Responsible Minerals Initiative (RMI). It enables companies to collect and disclose sourcing information for various minerals, supporting transparency and responsible sourcing efforts. 2. What new minerals are included in EMRT 2.0? In addition to cobalt and mica, EMRT 2.0 now includes copper, graphite, lithium, and nickel for reporting.

What’s New with the Extended Minerals Reporting Template (EMRT)

EMRT updates

The Extended Minerals Reporting Template (EMRT), developed by the Responsible Minerals Initiative (RMI), is a standardized tool for companies to collect and report data on minerals used in their supply chains. Like the Conflict Minerals Reporting Template (CMRT), which focuses on the 3TG minerals—Tantalum, Tin, Tungsten, and Gold—the EMRT is specifically designed for reporting on Cobalt and Mica. The EMRT is instrumental in promoting transparency, traceability, and responsible sourcing across supply chains. By leveraging this tool, companies can identify potential risks and implement practices to mitigate them, ensuring ethical mineral sourcing. What’s New in EMRT Version 1.2? The RMI regularly updates the EMRT to enhance its functionality and align with the latest standards. The most recent update, EMRT v1.2, was released on May 12, 2023, and includes: It’s worth noting that the Cobalt Reporting Template (CRT) and Mica Reporting Template (MRT), previously used for reporting these minerals, were officially phased out by RMI on March 31, 2022. Companies are now required to use EMRT v1.2 or later for their mineral reporting to stay compliant with RMI’s guidelines. How to Use the EMRT While the RMI provides the EMRT, it does not collect submissions directly. Companies are responsible for: Keeping up with the latest EMRT requirements is crucial for maintaining compliance and promoting responsible sourcing. By adopting EMRT v1.2, companies demonstrate their commitment to ethical practices while reducing risks linked to high-risk smelters. At ComplianceXL, we support companies in sourcing and validating Cobalt and Mica data in alignment with EMRT requirements. Our services include: We help businesses navigate the complexities of responsible mineral sourcing, empowering them to build resilient and ethical supply chains.

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.     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.

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.

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