Freeport is proud to support the Consolidated Mining Standard Initiative vision for a less complex standards landscape. This initiative benefits all stakeholders, sets a high bar for responsible mining and drives continuous improvement across the wider mining industry. As a founding member of ICMM and with our commitment to maintain The Copper Mark at all of our operating sites, Freeport has a deep commitment to #responsibleproduction. “We recognize the growing demand for minerals and metals, and we know this represents an incredible opportunity for the mining sector—but only if we do things the right way. Responsible production is at the core of this commitment, and this consolidated standard is a key step towards building a truly accountable and trustworthy value chain.” – Andrea Vaccari, Vice President-Responsible Production Frameworks & Sustainability. We encourage all interested stakeholders to provide feedback on the draft Standard and multi-stakeholder oversight system. You can submit your feedback until Dec. 16, 2024 and learn more about the CMSI here: https://lnkd.in/ewRp-D8P
“As a society that is so dependent on mining and metals, it’s essential that mining is done well and in a way that is not to the detriment of people and nature. Having robust and consistent mining standards in place is critical to incentivising environmentally and socially responsible mining practices, and to providing a means of giving stakeholders greater confidence that metals and minerals are being produced responsibly.” Libby Sandbrook, Director of Business & Nature at Fauna & Flora The vision of CMSI is to support a sustainable society through the responsible production, sourcing, and recycling of metals and minerals. Through this initiative, we are aiming to simplify the current mining standards landscape while promoting continual improvement in environmental, social, and governance practices along individual metals' value chains. The Standard is designed for adoption by a wide range of mining companies—large or small, across all commodities and locations—to drive performance improvement at scale. One of its key features is its applicability to any facility, anywhere in the world, that is committed to responsible practices. Your feedback is crucial to shaping this Standard, so we invite all stakeholders to engage in this consultation. Learn more: https://lnkd.in/e4MBfVZ7