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Glossary

Joint Due Diligence Standard for Copper, Lead, Nickel and Zinc

Copper Mark, Nickel Institute, International Molybdenum Association (IMOA), Responsible Minerals Initiative (RMI), International Zinc Association (IZA), International Lead Association (ILA)

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Overview

The Joint Due Diligence Standard was developed collaboratively by the Copper Mark (CuMark), the International Lead Association (ILA), the International Zinc Association (IZA), the Nickel Institute and the Responsible Minerals Initiative (RMI). The Standard enables companies in the supply chain to comply with the London Metal Exchange Responsible Sourcing requirements, and covers risks associated with conflict and human rights abuses in mineral supply chains. The Standard is designed to enable effective due diligence for producers and traders. It builds on existing standards and it intends to provide flexibility for multi-metal producers which extract both primary and secondary (by-product) minerals at their production sites.

About

Name
Joint Due Diligence Standard for Copper Lead Nickel and Zinc
Owner(s)
Copper Mark, Nickel Institute, International Molybdenum Association (IMOA), Responsible Minerals Initiative (RMI), International Zinc Association (IZA), International Lead Association (ILA)
First Published
2021
Licensing Terms
Open Access
Number of Participants
10-50
Applicable Size of Entity
Agnostic/All

Governance

Scheme Holder Type
Industry Organisation – An organisation, association or membership representing and with a mandate for improving the services provided by an industry, its public standing, and including the industry’s sustainability performance.
Core Focus
Due diligence standard – A standard that sets expectations for a standard-holing organisation’s supply chain or business partner due diligence activities (the standard mandates the identification or mitigation of ESG risks).
Claim Type
Business practice performance

READ

Our case study on development of a due diligence system aligned to the Joint Due Diligence Standard.

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