LONDON, UK – The International Council on Mining and Metals has published its first ever comprehensive guide on responsible sourcing for the mining and metals industry.
Called Demonstrating Value, it examines the context and reasons for responsible sourcing and provides practical guidance on approaches that demonstrate that companies are producing materials responsibly.
The guide builds on work undertaken by ICMM to ensure that common sustainable development challenges are considered not only at the mine or metal production facility but throughout the whole value chain. This approach, termed materials stewardship, was built on the premise that companies have a shared responsibility for the materials that they produce.
Demonstrating Value focuses on the two complementary sides of the responsible sourcing debate – sustainable procurement and responsible supply.
The guide is organized around four themes that can be summarized as: mapping the value chain; developing programmes and standards; engaging with stakeholders; and contributing to knowledge. These topics are supported by case studies that illustrate how the approaches have been successfully applied to create business value and maximize the contribution of companies and materials.
Download the free guide at ICMM.com.