Towards Sustainable Mining (TSM) is the Mining Association of Canada’s (MAC) commitment to responsible mining. Transparently demonstrate to customers, investors, and other interested parties the extent to which ICMM’s Mining Principles are equivalent to the requirements of other standards and initiatives.Īvoid the risk of different interpretations of equivalency by stakeholders, by coming to mutual agreements between ICMM and the owners of other standards and initiatives.Įnable all interested parties to have access to a mutually agreed equivalency assessment, that would enable efficient joint third-party assessments of implementation progress where appropriate.įacilitate cross-recognition of companies’ validation by other standards and initiatives where the validation process of the other scheme is equally credible and robust as ICMM’s Assurance and Validation Procedure, to avoid duplication of third-party assessment work. The purpose of this and other equivalency benchmarks is to: Please contact MAC if you have any questions. Facilities will begin reporting internally on the 2021 version of this protocol in 2022, with first public reporting in 2023.

Climate Change Protocol – updated 2021.

Transparency of Mineral Revenues Position Statement – updated December 2021.

Climate Change Position Statement – updated October 2021.

Recent updates to the Mining Principles include: It is the responsibility of benchmark users to ensure they are checking the latest requirements of each standard, in case changes have been made which have not yet been reflected in the benchmarks. In some cases, an update will be made out of sequence, for example where a standard undergoes a significant revision. The equivalency benchmarks will be reviewed and updated on a periodic basis.

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