Better-Sourcing-Program-Day3-3TGKigali2013

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Presentation by the Better Sourcing Program on scaling up.

Day 3 of the 6th ICGLR-OECD-UN GoE Forum on responsible mineral supply chains, 15 November 2013.

Visit: http://mneguidelines.oecd.org/icglr-oecd-un-forum-kigali-2013.htm

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Better-Sourcing-Program-Day3-3TGKigali2013

  1. 1. Mineral Supply Chain Due Diligence Assurance The integrated traceability and due diligence alternative The Better Sourcing Program – November 2013
  2. 2. Better Sourcing Program – Objectives Offer an independent, integrated due diligence AND traceability program that is cost effective, transparent and compliant. Breaking the ‘scalability trap’ by helping local and regional producers obtain or regain access to international conflict-free markets • The BSP: fully implements the OECD DD Guidance and is compliant with the CFSP audit protocol • CFSI has issued a letter of support in principle for the BSP approach • The BSP also supports synergies with and conforms with the ICGLR’s RCM Constructive and collaborative approach working with key partners and stakeholders • Particularly with a view to taking advantage of lessons learned from the implementation of incumbent schemes to keep the BSP light and cost-effective. Global-level outreach and transparent communication • Bridge transparently the current communication gap between upstream practices (and their improvement) and downstream expectations. This generates greater business opportunities for BSP clients, but also informs responsible sourcing and engagement decisions downstream. The Better Sourcing Program – October 2013
  3. 3. Better Sourcing Program - Overview The Better Sourcing Program – October 2013
  4. 4. Better Sourcing Program Supply Chain Actors • Business to business approach, with an initial focus on closed pipes or reverse funnel trading chains • Flexible implementation, tailored to each trading chain • Implementation will be as light and cost effective as each trading chain permits Independent Audit CFSP Validation Better Sourcing Buyer Better Sourcing Smelter Better Sourcing Buyer Better Sourcing Buyer The Better Sourcing Program – October 2013
  5. 5. Pilot Implementation – with GeoTraceability and local implementation partners in Congo B • Due diligence implementation across a tantalum supply chain originating from a mine located in Congo Brazzaville (country covered by DF 1502) • Fully private sector financed pilot to test and ensure sustainability and scalability • Pilot is to be third party audited and ready for export in Q2 of 2014. • On-going engagement with stakeholders to establish and implement most optimal approach • Provision of all due diligence information necessary to support: • Validation of the receiving smelter by the CFSP Auditor • The ICGLR Regional Certification Mechanism The Better Sourcing Program – October 2013
  6. 6. Better Sourcing Program: What’s new and adds value? Industry Government Both Due Diligence, traceability and compliance as packaged approach Easy access to data Ability to export and the opening of new markets and trading opportunities. Low cost and light Transparency Online, real-time data Business to business Reputational advantages Flexible and tailored to each chain Efficiency Source of capacity Sustainable Scalable Communication – bringing the upstream and downstream closer together The Better Sourcing Program – October 2013
  7. 7. Email: Website: Tweeter: contact@bsp-assurance.com www.bsp-assurance.com @BetterSourcing The Better Sourcing Program – November 2013

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