{"id":1165702,"date":"2020-02-14T07:32:50","date_gmt":"2020-02-14T13:32:50","guid":{"rendered":"https:\/\/www.mining.com\/?p=1013986"},"modified":"2020-02-14T07:32:50","modified_gmt":"2020-02-14T13:32:50","slug":"icmm-steps-up-the-game-for-miners-with-membership-requirements-update","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1165702","title":{"rendered":"ICMM steps up the game for miners with membership requirements update"},"content":{"rendered":"<p>The International Council on Mining and Metals (ICMM) has released new, tougher <a href=\"https:\/\/www.icmm.com\/mining-principles\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">requirements for members and an updated set of principles<\/a> for responsible mining amid increased pressure for miners to carry out socially-responsible&nbsp;investments&nbsp;and operations.<\/p>\n<div class='d-flex justify-content-center d-xs-block d-sm-block d-md-none'>\n<div id='div-gpt-ad-1561499308230-0'><script>googletag.cmd.push(function() {googletag.display('div-gpt-ad-1561499308230-0');});<\/script><\/div>\n<\/div>\n<p>The group\u2019s principles have been revised to include site-level validation and transparent disclosure, in order to maximize the industry\u2019s benefits to host communities and lessen negative impacts.<\/p>\n<figure class=\"wp-block-pullquote alignright\">\n<blockquote>\n<p>Fresh set of principles will apply to roughly 650 assets in over 50 countries.<\/p>\n<\/blockquote>\n<\/figure>\n<p>The move is ICMM\u2019s latest effort <a href=\"https:\/\/www.mining.com\/icmm-updates-mine-community-relations-guide-to-reflect-investors-pressure\/\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">to keep up with rising stakeholder expectations<\/a> around environmental, social and governance best practices.<\/p>\n<p>\u201cOur aim has been to develop a holistic set of requirements that establish a benchmark for responsible mining practices,\u201d ICMM\u2019s chief operating officer, Aidan Davy, <a href=\"https:\/\/www.icmm.com\/en-gb\/news\/2020\/icmm-enhances-memebership-requirements\"  rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">said in the statement<\/a>.<\/p>\n<p>The <a href=\"https:\/\/www.icmm.com\/website\/publications\/pdfs\/mining-principles\/mining-principles.pdf\">principles<\/a>,<br \/>\nlast updated in 2003, will apply to roughly 650 assets in over 50 countries, held<br \/>\nby 27 companies including BHP, Rio Tinto, Barrick Gold, Anglo American, Codelco<br \/>\nand Glencore.<\/p>\n<p>\u201cIn an industry with a checkered history of accidents, environmental disasters and eye-watering corruption scandals, is seems that the balance is finally starting to tip in favour of \u2018good\u2019 ESG,\u201d Jonathan Brooks, head of Mining and Metals at European law firm&nbsp;Fieldfisher,&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.investmenteurope.net\/opinion\/4003024\/dig-legitimacy-case-esg-mining\" >recently wrote<\/a>. <\/p>\n<p>Miners have been taking note. According to an&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.mining.com\/stakeholder-pressure-ethical-investing-make-losing-licence-to-operate-biggest-threat-to-miners\/\" >annual study published by consultancy Ernst &amp; Young&nbsp;(EY) in October<\/a>, almost half of the global mining and metals executives interviewed believe that losing social support, or social licence to operate (SOL), is the main risk the industry faces these days. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last updated in 2003, the fresh set of principles respond to increased pressure for miners to carry out socially-responsible investments and operations.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369,4,2640],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1165702"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1165702"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1165702\/revisions"}],"predecessor-version":[{"id":1165774,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1165702\/revisions\/1165774"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1165702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1165702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1165702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}