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Glossary

ICMM Social and Economic Reporting Framework and Guidance

International Council for Mining & Metals (ICMM)

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Overview

The ICMM is an international industry membership organisation dedicated to a safe, fair, and sustainable mining and metals industry.

The ICMM Social and Economic Reporting Framework and Guidance provides a set of consistent indicators that gives stakeholders, such as investors, governments, and local communities, comparable data to assess companies’ contribution to social and economic development. It was developed through consultations with a range of external stakeholders including investors, civil society, customers, and international organisations, and was tested on-site with ICMM members. It builds on existing frameworks, including GRI, but represents leading practices in several areas including the disaggregation of data by gender and ethnicity, and reporting of employee wages compared to the local living wage. The Framework commits operators to report against a set of eight core indicators on workforce composition, pay equality, wage levels, provision of training, country-by-country tax reporting, local procurement, education and skills support, and capacity and institution support.

About

Name
ICMM Social and Economic Reporting Framework and Guidance
Owner(s)
International Council for Mining u0026 Metals (ICMM)
First Published
2022
Licensing Terms
Open Access
Number of Participants
50-100
Applicable Size of Entity
Large

Governance

Scheme Holder Type
International Organisation – An organisation established by treaty between a group of nations, such as the United Nations or the ILO.
Core Focus
Reporting and disclosure standard – A standard that determines how aspects of a standard-holding organisation’s sustainability performance are reported and disclosed.
Claim Type
No claim type