The International Tin Association (ITA) and the Responsible Minerals Initiative (RMI), an Initiative of the Responsible Business Alliance, have jointly developed and published new “Assessment Criteria for Tin Smelting Companies,” which clarify a common upstream and downstream view of due diligence requirements for the tin supply chain.
TheseCriteria are designed to align with theinternationally recognized OECD due diligence guidance, assist with the new London Metal Exchange (LME) responsible sourcing requirements, and satisfy other upcoming requirements such as the EU Minerals Due Diligence Regulation.
The Criteria will be used by the RMI to replace their Tin Standard for the Responsible Minerals Assurance Process (RMAP) following a transition period, and will also set the requirements for responsible sourcing to be evaluated by new assessment processes underthe ITA’s Code of Conduct.
“We are excited to announce this important step forward in progressing due diligence and responsible sourcing for the tin industry” said Kay Nimmo, Head of Sustainability at ITA. “We are proud to be able to bring together multiple views of complex due diligence expectations into this one new harmonised text which will be recognised by assessment processes of both our organisations and the market. This will not only improve risk management but will help to streamline information requests through the supply chain.”
“This further demonstrates the leadership of both ITA and the RMI, and their determination to tackle the very significant challenges involved in bringing the entire supply chain together to provide realistic but robust solutions for the responsible production and sourcing of tin,” said Leah Butler, Vice President, Responsible Business Alliance.
The Criteria will enable audit firms and their individual auditors to conduct rigorous and consistent checks on whether any smelter has implemented OECD supply chain due diligence.After incorporating consultation feedback from a broad spectrum of stakeholders across the tin supply chain, the Criteria have been improved by:
The Criteria results from cooperation between the ITA and the RMI as agreed in an MOU earlier in the year. Both organisations are continuing to work together to draft further guidance on Criteria expectations in a workbook format for use by auditors and/or smelters as the new Criteria are implemented. The development of associated training materials is also planned.
The new Criteria are available for download here on the ITA website and here on the RMI website.
More information about responsible tin sourcing is available on the ITA website and the RMI website.
United States | VIEW ALL | |
Hot-rolled Band | 920.00 | 25 |
Cold-rolled Coil | 1143.00 | -13 |
China Mainland | VIEW ALL | |
Hot-rolled Band | 441.00 | -8 |
Cold-rolled Coil | 529.00 | -6 |
Western Europe | VIEW ALL | |
Hot-rolled Band | 690.00 | -40 |
Cold-rolled Coil | 0.00 | 0 |
World Export Market | VIEW ALL | |
Hot-rolled Band | 555.00 | -3 |
Cold-rolled Coil | 507.00 | 0 |