June 2, 2014 was the first filing deadline for SEC registrants to comply with the SEC’s conflict minerals rule. With roughly 1,300 companies submitting conflict minerals filings to the SEC (almost 1,000 of which included a Conflict Minerals Report – a more detailed level of discussion), interested parties will have a lot of reading to do.
Here we present a snapshot of how 50 of the largest companies approached their conflict minerals filings. We looked at 10 filings for each of the following five industries: Aerospace & defense, Automotive, Industrial products, Retail, and Technology. The differences in disclosure approaches within, and across, industries provide interesting insights that could help companies determine how to proceed with their conflict minerals program, and their next annual filing. After all, the next compliance year (calendar 2014) is well underway.
Look for upcoming insights on more companies and more data points on PwC’s conflict minerals website, which also includes information about our conflict minerals services: http://www.pwc.com/us/conflictminerals.