3E Company Augments Conflict Minerals Reporting Capabilities to Improve Responsible Sourcing across the Supply Chain


CARLSBAD, Calif., Sept. 7, 2016 (GLOBE NEWSWIRE) — 3E Company, a leading provider of environmental health and safety (EH&S) compliance and information management services, today announced that it has augmented its 3ESC® supply chain compliance platform with new functionality to facilitate the efficient exchange of conflict minerals data across the global supply chain. 3ESC Supply Chain Solutions now offer automated Conflict Minerals Reporting Template (CMRT) generation capabilities to help customers make informed choices about the materials and suppliers within their supply chains and comply with disclosure requirements, streamlining processes and saving time. 3E Company is a Verisk Analytics (Nasdaq:VRSK) business.

“Our end-to-end supply chain stewardship solution enables clients to gain greater visibility into the materials, products, and suppliers within their supply chains, improving their ability to identify and mitigate risk while driving innovation,” said Tamie Webber, assistant vice president, Supply Chain Solutions, 3E Company. “We’re proud to be able to help manufacturers and suppliers worldwide pursue socially responsible sourcing and compliance with conflict minerals regulations.”

3ESC provides tools to assess the presence, origin, and use of conflict minerals at both the supplier and product level. This functionality is designed to help clients satisfy the obligations set forth in the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, Section 1502, which requires manufacturers to report on their efforts to mitigate the risk that any tin, tantalum, tungsten, or gold (3TG) in their products originated from the Democratic Republic of the Congo or an adjoining covered country and funded conflict or armed groups.

The new 3ESC CMRT generator feature enables users to quickly and easily create, store, and manage company- and product-level CMRTs using information collected from suppliers and export them in the current industry-standard Conflict-Free Sourcing Initiative (CFSI) format. Users can compose company- and division-level reporting profiles, aggregate conflict minerals data for user-defined groups of materials, and create and update their own compliant CMRTs.

This new feature significantly reduces the time required for clients to fulfill CMRT requests from their downstream customers. It streamlines and automates the process of creating a CMRT, allowing users to quickly and easily produce company-, division-, and customer-specific product-level conflict minerals disclosures using supplier data. The platform uses automated business rules to determine answers to conflict minerals questions and populates the reporting template with aggregated mineral smelter data from 3E’s extensive knowledge base.

Automated CMRT generation functionality is available immediately. 

About 3E Company

3E Company, a Verisk Analytics (Nasdaq:VRSK) business, offers a comprehensive suite of data and solutions for environmental health and safety (EH&S) compliance management. This solutions suite addresses the entire chemical lifecycle and includes regulatory research; SDS authoring, distribution, and management; transportation; emergency response; training; regulatory reporting; hazardous waste management; and end-to-end regulatory consulting. 3E provides an industry-leading combination of a 24/7/365 EH&S mission-control call center and the world’s premier hazardous substance database of global regulatory and compliance information. 3E was founded in 1988 and is headquartered in Carlsbad, California, with additional operations in Canton, Ohio; Bethesda, Maryland; Kingsport, Tennessee; Montreal, Quebec; Copenhagen, Denmark; and Tokyo, Japan. For more information on 3E Company, visit www.3ecompany.com

Press Contact:
Jenny Bingham
3E Company
P: +1.760.930.6632
E: jbingham@3ecompany.com 

Source: http://globenewswire.com/news-release/2016/09/07/870221/10165010/en/3E-Company-Augments-Conflict-Minerals-Reporting-Capabilities-to-Improve-Responsible-Sourcing-across-the-Supply-Chain.html?f=22&fvtc=2&fvtv=1


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