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RMI Environmental Social and Governance (ESG) Standard for Mineral Supply Chains

The Responsible Minerals Initiative (RMI) is a membership organisation that encourages the responsible sourcing of minerals globally.

The RMI's Environmental, Social & Governance (ESG) Standard provides a set of criteria for facility level assessment, applicable to mineral processors, smelters and refiners, including those integrated with mine sites. It significantly extends the RMI’s scope, as the organisation had previously been focused on adherence to the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.

The RMI’s ESG Standard includes environmental criteria, occupational health and safety provisions, social obligations and governance requirements.

RJC Code of Practices

The Responsible Jewellery Council (RJC) is a standard-setting organisation for the jewellery and watch industry.

The RJC Code of Practices establishes benchmarks for responsible business practices throughout the jewellery supply chain, from mine to retail. It sets out a common standard for ethical, social, human rights and environmental practices, and certification against the Code of Practices is mandatory for all RJC member companies.

ResponsibleSteel Standard

ResponsibleSteel is an international, non-profit multi-stakeholder membership organisation and certification initiative.

The ResponsibleSteel Standard contains twelve principles for the responsible sourcing and production of steel, across a broad range of environmental, social and governance topics.

The Standard aims to maximise steel's contribution to a sustainable society. It sets benchmark levels of company performance in the implementation of its principles so as to encourage broad participation by businesses while meeting the expectations of civil society stakeholders.

Metals and Mining SASB Standard

The SASB Standards are curated by the Value Reporting Foundation, a nonprofit organisation that creates resources to help businesses and investors develop a shared understanding of enterprise value.

The Metals and Mining SASB Standard is designed to help businesses to identify, manage, and communicate to investors sustainability information that is financially material. It covers a range of environmental and social risks that are pertinent to the metals and mining industries.

LBMA Responsible Gold Guidance

LBMA’s Responsible Sourcing Programme (the Programme) protects the integrity of the global supply chain for the wholesale precious metals markets. It was set up to consolidate, strengthen and formalise the existing standards of the LBMA Good Delivery Refiners’ due diligence practices. LBMA was actively involved in drafting the OECD Due Diligence Guidance and its Gold Supplement and continues to support the OECD’s work in supply chain due diligence and related projects. The LBMA Responsible Gold Guidance (RGG) has been in force since 2012 and in line with the evolution of best practices and standards for responsible sourcing.

Vital to the credibility of the LBMA Programme is its broad scope, which includes measures to combat money laundering, terrorist financing and human rights abuses globally. In addition, the Programme has also been developed to recognise the increasing importance of strong Environmental, Social and Governance (ESG) responsibilities.

ISO 14001 – Environmental Management Systems

ISO is a non-governmental international standard-setting organization with a membership of 167 national standards bodies. It establishes best practices in a very wide range of activities and is not limited to mineral supply chains.

ISO 14001 sets out the criteria for an environmental management system and can be certified against these criteria. It maps out a framework that a company or organization can follow, to provide assurance to company management and employees as well as external stakeholders that environmental impact is being measured and improved.

IRMA Standard for Responsible Mining

The Initiative for Responsible Mining Assurance (IRMA) is a multi-stakeholder body created to meet global demand for more socially and environmentally responsible mining.

The Standard for Responsible Mining v.1.0 was created by IRMA through a multi-year collaborative process, led by a multi-stakeholder board of directors. The Standard is designed to support 4 overarching principles: Business integrity; Planning and Managing for Positive Legacies; Social Responsibility; and Environmental Responsibility.

The IRMA certification is third-party assured against a comprehensive standard for all mined materials (except thermal coal) from industrial-scale mines.

Global Workplace Responsible Sourcing Environmental Health and Safety Due Diligence Standard for Mica Processors

The Responsible Mica Initiative is committed to establishing a fair, responsible and sustainable mica supply chain in the states of Jharkhand and Bihar in India.

The Standard includes environmental, social, health and safety, governance, and supply chain due diligence criteria for mica, following the five-step framework for risk-based due diligence from the OECD Due Diligence Guidance for Responsible Mineral Supply Chains.

Fairtrade Standard for Gold and Associated Precious Metals for Artisanal and Small-Scale Mining

Fairtrade seeks to make trade fair by connecting farmers and workers with the people who buy their products.The FAIRTRADE Mark represents fairly produced and fairly traded products. It also indicates that the product is fully traceable from farm to shelf.

The Fairtrade Standard for Gold seeks to create opportunities for artisanal and small-scale miners and their communities by promoting the formalisation of the artisanal and small-scale mining (ASM) sector through establishing membership-based artisanal and small-scale mining organizations (ASMO).

The aims are to improve working conditions for miners and strengthened mining organizations and their capacity to lobby for a range of improvements and benefits.

Fairmined Standard

The Alliance for Responsible Mining (ARM) developed the Standard Zero standard for responsibly mined gold, silver and platinum into the ASM sector between 2006 and 2008. In 2009, based on Standard Zero, the first version of the Fairmined Standard was developed in partnership with Fairtrade. By 2013, ARM and Fairtrade were seeking different objectives with the standard and decided to not continue the joint development of the voluntary certification scheme for gold and the initiatives discontinued their partnership.

The Fairmined Standard seeks to support the sustainable development of artisanal and small-scale mining organisations. It includes requirements for mining operations to operate formally and legally, and requirements for environmental protection, improved working conditions, traceability and socio-economic development. The latter is achieved through the Fairmined Premium for mined materials. The Standard also specifies requirements for other participants in the supply chain.

Code of Risk-mitigation for ASM Engaging in Formal Trade (CRAFT)

The Code of Risk-Mitigation for ASM Engaging in Formal Trade (CRAFT) is a multi-stakeholder, open-source market entry standard, developed by the Alliance for Responsible Mining and RESOLVE.

CRAFT enables ASM gold producers to access formal markets by proactively facilitating due diligence of their supply chains at the earliest stage of their development.

Copper Mark Criteria for Responsible Production

The Copper Mark is a comprehensive assurance framework focused on demonstrating the copper industry’s responsible production practices.

The Copper Mark Criteria for Responsible Production are management system requirements defined in the Risk Readiness Assessment and the Criteria Guide. The Criteria Guide provides additional guidance, including a description of the performance determination and means of verification for each criterion. All participants of the Copper Mark commit to fully meet all criteria within 24 months. The Risk Readiness Assessment (RRA) is created by the Responsible Minerals Initiative. It represents the core expectations from over 40 leading existing voluntary sustainability standards across all major environmental, social, and governance topics.

Participation in the Copper Mark is open to multi-metal mines that produce other metals alongside copper.

ASI Performance Standard

The Aluminium Stewardship Initiative (ASI) is a membership initiative, designed to drive responsible production, sourcing and stewardship in the global aluminium value chain.

The ASI Performance standard covers a broad range of environmental, social and governance topics, and can be applied at each stage of the aluminium value chain. It is currently in its third version. Members of the ASI are required to demonstrate Conformance to version 3 of the Standard in all new and re-certification audits conducted from 1st June 2023 onwards. Audits conducted between 1st June 2022 and 31st May 2023 may be against either version 2 or version 3 of the Standard.