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Glossary

RMI Cobalt Refiner Supply Chain Due Diligence Standard

Responsible Cobalt Initiative (RCI), Responsible Minerals Initiative (RMI)

rmi-downstream-assessment-program-5664797e

Overview

The Responsible Minerals Initiative (RMI) is a membership organisation that encourages the responsible sourcing of minerals globally. The Responsible Cobalt Initiative (RCI) is dedicated to identifying, preventing and systemically addressing social and environmental challenges in the cobalt supply chain. The Cobalt Refiner Supply Chain Due Diligence Standard was developed by the RCI and the RMI. The standard creates enabling conditions for companies to exercise due diligence over cobalt supply chains in accordance with the Chinese Due Diligence Guidelines for Minerals Supply Chains and the OECD Due Diligence Guidance for Responsible Mineral Supply Chains from Conflict-Affected and High-Risk Areas.

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About

Name
RMI Cobalt Refiner Supply Chain Due Diligence Standard
Owner(s)
Responsible Cobalt Initiative (RCI), Responsible Minerals Initiative (RMI)
First Published
2018
Licensing Terms
Open Access
Number of Participants
10-50
Applicable Size of Entity
Agnostic/All

Governance

Scheme Holder Type
Standard Setting Organisation (SSO) – An organisation with the core purpose of developing, coordinating, revising, interpreting, or otherwise contributing to the usefulness of one or more industry standards.
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