ICMM is the first industry body to insist its members adhere to the UN Guiding Principles on Business and Human Rights. (Image: ICMM)
LONDON, U.K. – The International Council on Mining and Metals (ICMM) is the first industry body to insist its members adhere to the UN Guiding Principles on Business and Human Rights. The new membership requirements are aimed at increasing sustainability in the mining sector.
The new rule will apply to all of ICMM’s members who manage almost 650 operations in over 50 countries. They account for nearly half the world’s iron ore and copper production and over 25% of all mined commodities by value. ICMM points out that this will be the most far reaching initiative to advance environmental and social performance in the mining industry.
The new performance expectations were developed with extensive input from non-governmental organizations (NGOs), international organisations and academics. The initiative has CEO-level support within all ICMM company members.
The ICMM expects the new guidance principles to be complete in the middle of 2019, and it is to be piloted in the second half of the year.
Learn more about ICMM and its diverse commitments at www.ICMM.com.