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RMI and ICA Partner to Advance Responsible Copper Production and Trade

Metal News - Published on Thu, 22 Aug 2019

Image Source: RBA
The Responsible Business Alliance on behalf of its Responsible Minerals Initiative and the International Copper Association Ltd have signed a memorandum of understanding to jointly advance the responsible production and trade of copper. The RMI and ICA aim to harmonize expectations for responsible practices in the copper value chain by applying existing industry norms covering major environmental, social and governance issues.

In April 2019, ICA introduced a new assurance program for responsible copper production, the Copper Mark, offering a voluntary program to support the copper industry’s contribution to the United Nations’ Sustainable Development Goal (SDG) 12 on Responsible Consumption and Production. The Copper Mark will be available to copper mines, smelters and refiners in its first application and is expected to launch in 2020.

While key elements of the Copper Mark, including the independent third-party verification process, are still under development, ICA will use the RMI’s Risk Readiness Assessment for implementation. The industry norms described in the RRA will define the requirements copper mines and smelters/refiners must meet in order to obtain the Copper Mark.

Mr Rob Lederer, Executive Director of the Responsible Business Alliance said that “We believe this collaboration between the RMI and ICA will broaden and deepen the positive impact of both organizations’ work to improve conditions along the copper value chain. Companies are seeking ways to ensure their products are developed responsibly throughout their global supply chains and this collaboration is another step in offering that assurance.”

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Posted By : Amom Remju on Thu, 22 Aug 2019
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