Fair Trade in an Unfair World
A few years ago, the U.S. Securities and Exchange Commission (SEC) adopted a rule requiring companies publicly to disclose their use of conflict minerals sourced from the Democratic Republic of the Congo (DRC) and its neighbors. The first deadline for filing was the end of May this year.
In this combative region, armed groups and militants are affiliated with a number of mining operations, so purchasing such minerals can – often unwittingly – put companies and consumers in the position of funding the warfare, hence the name "conflict minerals." Time magazine recently asked the grisly and provocative question, "Is There Blood on Your Laptop?" (The title recalls "blood diamond," a term for gems mined in war zones as portrayed and popularized in the 2006 movie of the same name.)
Experts on the region remind us that unrest in the DRC is far more complex than ending the sale of tin, tungsten, tantalum, and gold – the minerals mined in the country that are used in microchips, semiconductors, and circuit boards.
Without doubt, the mining conditions in the region are inhumane, rebel fighting – funded at least in part by the sale of these natural resources – has displaced more than a hundred thousand people, and the suffering of those caught in militia's paths has been devastating.
As is true all over the world, however, untangling the root causes of the violence and suffering is more complicated than creating ...1