Source 44, a leading provider of supply chain sustainability solutions, and The Elm Consulting Group International LLC (“Elm”) today announced they have formed a cooperative relationship that will provide a range of conflict minerals traceability and due diligence offerings. The firms are both leaders in developing groundbreaking technology and solutions that can help companies meet conflict minerals regulations outlined in Section 1502 of the Dodd-Frank Act.
This announcement comes ahead of the imminent ruling expected by the U.S. Securities and Exchange Commission (SEC) on the scope of Section 1502 and the nature of the relevant reporting requirements.
“Some time ago, we realized that information management tools will be a critical component of conflict minerals traceability programs,” said Lawrence Heim, Director in Elm’s Atlanta office. “We were struck by Source 44’s functionality, user interface and dashboard, as well as the auditability of the source information within the system.”
Source 44 is a leader in accessing, managing and leveraging information technology to drive sustainable supply chain management. Elm has extensive experience and expertize in environmental/sustainability management systems development and auditing, including conflict minerals. Together, the firms will be able to provide a seamless solution offering for conflict minerals due diligence traceability program development, supplier and material data collection and analysis with decision support and reporting.
“This partnership could not have been formed at a better time,” said Matt Thorn, Chief Operating Officer & Co Founder at Source 44. “With SEC’s pending rule expected later this month, companies will soon have a whole new set of challenges added to their everyday business demands.
“We are confident that this partnership will provide companies the technology, resources and expertise they need to alleviate the burden of conflict minerals compliance,” Thorn said.
For more information, contact Scott Torney (Source 44) at 714.335.4544 or email firstname.lastname@example.org; or Lawrence Heim (Elm) at 678.200.5220 or email email@example.com.