The International Council on Mining and Metals (ICMM) has published a series of equivalency benchmarks to assist in addressing stakeholder concerns around responsible production, and the recent proliferation of sustainability standards.
The benchmarks compare the requirements of ICMM’s mining principles with the World Gold Council’s responsible gold mining principles (RGMPs), the Mining Association of Canada’s towards sustainable mining (TSM) programme, the Aluminium Stewardship Initiative (ASI), the Responsible Mineral Initiative’s risk readiness assessment (RRA) and the Copper Mark.
The ICMM has undertaken this exercise alongside each standard owner with three key aims, with the first simplification to support investors, customers and other stakeholders in their understanding of how these standards address a range of sustainability concerns, and the extent to which there are similarities and differences between them.
