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ICMM Demonstrates Leadership Through Engagement and Strategic Partnerships

ICMM Demonstrates Leadership Through Engagement and Strategic Partnerships

Published 05-12-06

Submitted by International Council on Mining and Metals (ICMM)

Our 2005 annual review is published highlighting the organization's significant achievements throughout the year. The report records how our activities provide a benchmark for sustainable development performance in the mining and metals sector. A full copy of the annual review is available at our website (www.icmm.com) or can be obtained via the media contact recorded below.

2005 highlights include:

  • Transparency. The ICMM Council committed to reporting on the 10 Principles of sustainable development in accordance with the Global Reporting Initiative Guidelines and became the first industry body to commit to this level of public accountability and transparency.

  • Environment. We published Financial Assurance for Mine Closure and Reclamation. Environmental Financial Assurance (EFA) Measures provide a guarantee to governments and communities that adequate resources will be available to meet the cost of mine closure.

  • Socio-economic development. We published the Community Development Toolkit which is designed to support socio-economic development at a local level by demonstrating how mining and mineral processing activities can contribute to sustainable community development.

  • Materials Stewardship. The core elements of ICMM's chemical management policies were recognized and supported by the UN Preparatory Committee for the development of a Strategic Approach to International Chemicals Management (SAICM).

  • International Council on Mining and Metals (ICMM) logo

    International Council on Mining and Metals (ICMM)

    International Council on Mining and Metals (ICMM)

    ICMM is a CEO-led industry group that addresses key priorities and emerging issues within the sector. It seeks to play a leading role by promoting good practice and improved performance internationally and across different commodities.

    ICMM provides a platform for industry and other key stakeholders to share challenges and develop solutions based on sound science and the principles of sustainable development. Its vision is for a respected mining and metals industry that is widely recognized as essential for society and as a key contributor to sustainable development.

    ICMM's mission is two-fold - to distinguish its members as industry leaders and to make a contribution to raising standards across the industry as a whole.

    To be an ICMM member, a company must build trust and respect with key stakeholders as a result of good performance in sustainable development, including clear and comprehensive approaches to reporting and assurance.

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