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The EU Regulation on the responsible supply of tin, tungsten, tantalum and gold (3TG) from conflict-affected and high-risk areas (CAHRA) is a crucial first step towards supply chains free from human rights abuse. The EU Regulation on the responsible supply of 3TG from conflict-affected and high-risk areas (CAHRA) was approved in 2017 and will enter into force in 2021. Before this date, the EU member states need to adopt measures to ensure the implementation of the Regulation. However, the first implementation measures being discussed by member states risk diluting the efficacy of the Regulation by concealing the list of companies subjected to it.
Over 20 leading NGOs working on corporate transparency have published a statement calling on EU policy-makers to define companies’ disclosure obligations on sustainability issues on the occasion of today’s high-level conference on the future of corporate reporting hosted by the European Commission in Brussels.