As the energy transition accelerates, ensuring strong environmental and social due diligence in mining is essential to achieving a just and responsible shift away from fossil fuels.
This webinar provides a deep dive into key mining standards, including IRMA, IFC Performance Standards, Copper Mark, and TSM. Experts will assess their effectiveness, identify gaps, and explore pathways to more responsible mining.
Connected to VBDO’s Investor Initiative on Responsible Nickel Supply Chains, this session offers valuable insights for stewardship and engagement specialists, sector analysts assessing mining-related supply chains, investment managers, and other financial professionals seeking to drive responsible sourcing and high ESG performance.
Programme
Our webinar will feature the following subjects and distinguished speakers:
- Introduction – Freek van Til, Project manager Sustainability & Responsible Investment at VBDO
- Comparative Analysis of Mining Standards: Gaps and Opportunities – Jasmine Puteri, Senior Advisor at Rainforest Foundation Norway
Third-party standards and assurance systems are important tools used by automakers and downstream companies to evaluate the risks and impacts of their sourcing practices and mining operations to individual mining sites, smelters, refiners or manufacturing plants in their supply chains. RFN will present a comparison of mining standards and accreditation schemes mainly focusing on deforestation, biodiversity and nature in these standards. - Q&A (10 minutes)
- Revising IFC Performance Standards: Strengthening Human Rights and Environmental Due Diligence – Franziska Grüning, Raw Materials Policy Officer at Transport & Environment
The International Finance Corporation’s (IFC) Performance Standards serve as a critical safeguard framework not only for World Bank-financed projects but also as a baseline for both private and public financial institutions. With growing pressure to expand mineral projects for the supply of transition minerals, strong due diligence frameworks are essential to uphold the highest ESG standards. The ongoing review of the IFC Sustainability Framework presents a key opportunity to strengthen these safeguards and set a higher bar for responsible minerals development globally. Given that the IFC’s Performance Standards and Sustainability Framework were last updated in 2012, this revision is long overdue to incorporate best practices in human rights due diligence, climate change, resource efficiency, pollution prevention, biodiversity protection, and broader environmental and social impacts.
Franziska Grüning works as Raw Materials Policy Officer at T&E, Europe’s largest NGO for clean transport. She joined T&E two years ago and works on sustainable batteries, focusing on clean supply chains, responsible sourcing and cularity. - Q&A (10 minutes)