those operating beyond the metal stage do not have obligations under the regulation, but they are expected to use reporting and other tools to make their due diligence more transparent, including, for many large companies, those in the non-financial reporting directive.those importing metal-stage products also have to meet mandatory due diligence rules, and.Downstream companies fall into two categories:.Upstream companies have to comply with mandatory rules on due diligence when they import, as this is the most risky part of the supply chain.The EU regulation sets out different rules for upstream and for downstream companies: The downstream stage includes the sale of the product to other businesses, governments or private individuals. Other firms, which we call 'downstream' companies, further process metals produced during the upstream stage into a finished product. The EU regulation identifies as upstream companies: ![]() Production of goods often involves many different companies engaged in various types of activity along the supply chain.įirms that extract, process and refine raw materials are called ' upstream' companies.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |