IXM’s Responsible Business Commitments
The Responsible Business commitments has been developed through a comprehensive process involving multiple stages and stakeholder engagements. The final outcome presents a focused and responsible approach to driving impact where our actions matter most. The Responsible Business Commitments shape the foundation of our Responsible Business Strategy. During this year and next, we will define policies, actions and targets that will support us in fulfilling the commitments.
Hereunder follows our commitment towards Responsible Mineral Supply Chains and what objectives, KPIs and actions we have in place to meet this commitment.
Responsible Mineral Supply chains
Our commitment:
We conduct risk-based due diligence in our supply chains, guided by the OECD Minerals Guidance and UN Guiding Principles on Business & Human rights. We prioritise the rights of children and the prevention of child & forced labour in mineral supply chains. We seek to ensure the respectful and responsible integration of artisanal and small-scale mining (ASM) into our supply chains and operations by identifying potential risks and promoting formalisation.
2028 Objectives
To help get our commitments into action, these are the objectives that guides what actions we will take until 2028.
- IXM responsible Sourcing Management System Verified against international standards
- Contribute to the formalisation and implementation of ESG norms at ASM sites
- Reduce number of children working in Cu-Co ASM
KPI’s
These are the key performance indicators that helps monitor progress towards our objectives.
- % Employees participated in Responsible Mineral Supply Chain Training
- % High-Risk suppliers been assessed in the Enhanced Due Diligence
- # Suppliers enrolled in Supplier Capacity Building program
- % Suppliers with Copper Mark or eq
- # Incidents of IXM RS Policy abuses reported in IXM supply chain
- # Children & youth taken out of worst forms of child labour and provided with support
Actions
Without action there is no progress, the following procedures and programs guides every day action to meet our 2028 objectives.
Supply Chain Due Diligence
We undertake due diligence before and during contractual relationships to identify gaps in our suppliers management of Environmental, Social and Governance issues against international standards, and assign strategies to mitigate those. This process is aligned with the OECD Due Diligence Guidance for Responsible Mineral Supply Chians from Conflict-Affected and High-Risk Areas.
Supplier Capacity Building
For suppliers missing awareness and capacity to implement appropriate environmental and social standards such as the Copper Mark, we have a capacity building program to help build that capacity with our suppliers.
ASM Strategy
We support the formalisation of Artisanal Mining in the Democratic Republic of the Congo through our membership in the Fair Cobalt Alliance , monitor and drive improvements on ASM sites in our supply chain through upstream mechanisms such as the Better Mining initiative and we drive formalisation through our Supplier Capacity Building Program in jurisdictions where ASM is an important provider for the communities.
Child Labour Prevention & Remediation
Our program to prevent and remediate child labour targets initiatives battling child labour in ASM communities of the Democratic Republic of the Congo. To achieve effective and long-term remediation and prevention we have partnered with Congo Children Trust, Centre d’éveil de la Femme and the Child Rights Action Hub DRC.
Policies
- Supplier Code of Conduct
- Responsible Sourcing Policy
- Child Labour Prevention And Remediation Program
Call for Action
To strengthen our commitment to responsible sourcing and human rights, our Child Labour Prevention and Remediation program provides a long-term, community-driven initiative that directly addresses human rights risks in the Co-Cu supply chain in the Democratic Republic of the Congo.
OUR ASK
While our individual impact is limited, we invite our partner to join our efforts to prevent and address child labour. More information on how our business partners can join the program here
More information available here