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Glossary

Code of Risk-mitigation for ASM Engaging in Formal Trade (CRAFT)

RESOLVE, The Alliance for Responsible Mining (ARM)

code-of-risk-mitigation-for-asm-engaging-in-formal-trade-craft-fe0cf383

Overview

The Code of Risk-Mitigation for ASM Engaging in Formal Trade (CRAFT) is a multi-stakeholder, open-source market entry standard, developed by the Alliance for Responsible Mining and RESOLVE. CRAFT enables ASM gold producers to access formal markets by proactively facilitating due diligence of their supply chains at the earliest stage of their development.

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About

Name
Code of Risk-mitigation for ASM Engaging in Formal Trade (CRAFT)
Owner(s)
RESOLVE, The Alliance for Responsible Mining (ARM)
First Published
2018
Licensing Terms
Open Access
Number of Participants
Not known
Applicable Size of Entity
Small

Governance

Scheme Holder Type
Civil Society Organisation – An organisation serving the interest of its members or citizens that is distinct from business or government. Civil society organisations can be in the private or family sphere and be non-profit initiatives, non-governmental organisations, and social enterprises.
Core Focus
Operating standard – A standard that sets expectations for the sustainability performance of a standard-holding organisation’s own operation
Claim Type
Business practice performance