Global ESG Governance Framework Expands

The Responsible Minerals Initiative (RMI) has launched a comprehensive ESG standards suite aimed at improving transparency and accountability in global mineral supply chains.

The framework responds to increasing regulatory and investor pressure on companies to demonstrate responsible sourcing practices.

Scope of the Framework

The standards address:

  • Environmental impact management
  • Labour and human rights compliance
  • Occupational health and safety
  • Governance and anti-corruption controls

Regulatory Alignment

The framework aligns with:

  • OECD Due Diligence Guidance
  • EU Conflict Minerals Regulation
  • Emerging ESG disclosure requirements globally

Industry Impact

Companies will need to integrate ESG assessments into procurement and supplier evaluation systems, particularly in high-risk sourcing regions.

FAQs

  • What is RMI?
  • An industry initiative promoting responsible mineral sourcing.
  • Why is this important?
  • It strengthens ESG compliance in global supply chains.

Reach out to our regulation experts on chemical and product regulatory compliances

CONTACT US