The Extended Minerals Reporting Template (EMRT), developed by the Responsible Minerals Initiative (RMI), is a standardized tool for companies to collect and report data on minerals used in their supply chains. Like the Conflict Minerals Reporting Template (CMRT), which focuses on the 3TG minerals—Tantalum, Tin, Tungsten, and Gold—the EMRT is specifically designed for reporting on Cobalt and Mica.
The EMRT is instrumental in promoting transparency, traceability, and responsible sourcing across supply chains. By leveraging this tool, companies can identify potential risks and implement practices to mitigate them, ensuring ethical mineral sourcing.
What’s New in EMRT Version 1.2?
The RMI regularly updates the EMRT to enhance its functionality and align with the latest standards. The most recent update, EMRT v1.2, was released on May 12, 2023, and includes:
- Bug Fixes: Corrections of errors identified in earlier versions.
- Standard Smelter List Updates: Revised and expanded Smelter Reference List.
It’s worth noting that the Cobalt Reporting Template (CRT) and Mica Reporting Template (MRT), previously used for reporting these minerals, were officially phased out by RMI on March 31, 2022. Companies are now required to use EMRT v1.2 or later for their mineral reporting to stay compliant with RMI’s guidelines.
How to Use the EMRT
While the RMI provides the EMRT, it does not collect submissions directly. Companies are responsible for:
- Data Collection: Gathering necessary information from their supply chain.
- Template Completion: Completing the EMRT accurately.
- Data Sharing: Circulating the completed template to customers or posting it on their company website to enhance transparency.
Keeping up with the latest EMRT requirements is crucial for maintaining compliance and promoting responsible sourcing. By adopting EMRT v1.2, companies demonstrate their commitment to ethical practices while reducing risks linked to high-risk smelters.
At ComplianceXL, we support companies in sourcing and validating Cobalt and Mica data in alignment with EMRT requirements. Our services include:
- Risk Identification: Identifying high-risk smelters in your supply chain.
- Strategic Mitigation: Developing strategies to address and mitigate risks.
We help businesses navigate the complexities of responsible mineral sourcing, empowering them to build resilient and ethical supply chains.
