Elm is featured in today’s issue of the on-line news source Mashable for our innovative use of the iPad for HSE auditing. The article can be read here.
With a reported 30+ million monthly pageviews and an Alexa ranking under 250, Mashable ranks as one of the world’s largest websites. The website has a large following on many social networks. As of February 2011, it has over 2 million Twitter followers and over 425,000 fans on Facebook.
Greetings. This blog was newly launched on February 11, 2010 and we plan to build it over time.
We hope this will become a useful source of information and dialog for those interested in – and actually using – the iPad for EHS auditing.
In the meantime, check out these upcoming webinars are the subject to be held in themorning and afternoon of Febraury 25, 2010. The cost is a mere $25.
We hope to see you.
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This week we concluded our presentation giving an overview of Conflict Minerals Traceability auditing under US Securities and Exchange Commission (SEC) regulations on “Conflict Minerals” originating from the Democratic Republic of Congo (DRC). Lawrence Heim, Director at ELM, presented on Elm’s experiences as part of a panel on sustainability at The Auditing Roundtable Winter Meeting January 25.
The key points made were:
- Planning is critical. Because the legal requirements apply to the supply chain rather than a single site, a successful auditing program needs to start as close to the mine as practical then move forward toward the consumer. Working backwards creates complexities, confusion and increases costs.
- SEC sees different audit types, but the market doesn’t. SEC’s proposed regulations establish two traceability activities: “reviews” (a less formal, internally-driven screening process) and “Conflict Minerals Reports” (requiring formal third party audits). However, buyers of affected products/materials are already demanding third party credibility and independence for any material origin statements. These buyers are increasingly unwilling to rely on statements or declarations of “DRC free” based on the “reviews”.
- Audits are SEC-based, not EHS. As stated in SEC’s proposal, AICPA-based attestations are a critical component of viable traceability programs. Requirements for auditor independence, attestation engagements and “audits of the auditors” far exceed similar elements found in traditional EHS auditor standards, certifications and practices.
- Additional sources of audit information are necessary. Increased stakeholder and regulator concern over information veracity reflecting ore provenance is driving the need for new data resources and verification tools well beyond information available/provided by the audited site.
Heim concludes, “Media coverage has painted an unnecessarily pessimistic picture of the practicality and cost of these conflict minerals audits. Our experience demonstrates that such pessimism is generally unwarranted, provided the right plan and resources are in place.”