The International Council on Mining and Metals (ICMM) is composed of 18 mining companies. The council was formed in October 2001 to comply with the mission set forth in the Global Mining Initiative. Criticism of lack of oversight in industrial mining operations from environmental and social groups created pressure on the companies to improve their practices. The ICMM now seeks to work with communities and governments to find ethical means to discover and extract metal ore from the earth.
The ICMM has developed 10 principles to which member companies must adhere. These considerations resulted from a survey of concerned parties both within and outside the council. They seek to comply and reinforce guidelines established by organizations including the OECD and the World Bank.
Implement and maintain ethical business practices and sound systems of corporate governance.
Integrate sustainable development considerations within the corporate decision-making process.
Uphold fundamental human rights and respect cultures, customs and values in dealings with employees and others who are affected by our activities.
Implement risk management strategies based on valid data and sound science.
Seek continual improvement of our health and safety performance.
Seek continual improvement of our environmental performance.
Contribute to conservation of biodiversity and integrated approaches to land use planning.
Facilitate and encourage responsible product design, use,......