Responsible
business
The Responsible Business Strategy for IXM has been developed through a comprehensive process involving multiple stages and stakeholder engagements.
The overall methodology was based upon the double materiality assesment defined in the European Sustainability Reporting Guidelines. A total of 128 impacts, risks, and opportunities (IRO) have been listed, defined and rated on their financial or impact materiality. Insights to the IRO list has been gathered through desktop assesment, peer analysis, survey responses from 100 employees and 21 internal and external interviews. Key strategic topics were identified and calibrated by IXMs senior leadership. Part of the process has been supported by Baringa. The final outcome presents a focused and responsible approach to driving impact where our actions matter most.
Read more on our progess and commitments in our ESG Report:
We acknowledge human rights, health & safety, and environmental risks associated with the mineral supply chain and integrate ESG considerations into our sourcing decisions.
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 report annually on our due diligence process in our ESG report.
The Copper Mark
We recognize the importance of promoting responsible metal production through credible and accessible frameworks. That’s why we actively monitor suppliers participating in initiatives like the Copper Mark, to which IXM is a partner since 2024. The Copper Mark’s vision is to enable a sustainable society through the responsible production, sourcing, and recycling of metals. By addressing past, present, and future critical impacts on people and the environment throughout metal value chains, the Copper Mark contributes to positive legacies and a sustainable society. As a Copper Mark partner, we are committed to promoting responsible practices in the metals value chain.
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. While our individual impact is limited, we invite our partners to join our efforts to prevent and address child labour.
Better mining
IXM supports the Better Mining initiative, which is at the forefront of promoting responsible practices at artisanal and small-scale mining (ASM) sites. The initiative focuses on 3Ts, cobalt, and copper in the DRC and Rwanda, as well as mica in Madagascar. Through continuous on-site monitoring, the program collects essential risk data and drives corrective actions to address issues such as child labour and unsafe working conditions – resulting in tangible improvements on the ground.
Fair Cobalt Alliance
IXM is a member of the Fair Cobalt Alliance (FCA). FCA is multi-stakeholder initiative which consists of battery manufacturers, electronics companies, industrial miners, and civil society organisations. FCA leverages collective resources and expertise to professionalise the artisanal and small-scale (ASM) cobalt community around Kolwezi in the Democratic Republic of Congo.
Community
We have established a social impact program which is build on three simple but essential pillars
people
Our strength lies in the dedication and heart of every individual. By supporting each other and lifting those around us, we believe we can create a positive impact, both within our organization and beyond.
Environment
The world around us is precious, and we are committed to making choices that are mindful of the planet we share. We recognize the importance of our role in protecting the environment for our kids and future generations.
Operations
In the day-to-day of our work, we know that even small actions can lead to meaningful change. We are focused on aligning our business with our values, ensuring that our progress serves both our people and the world we live in.
Community development
in Peru
IXM Callao work with the communities around IXM Warehouse, targeting children’s livelihoods