Guidelines for Social Responsibility in Outbound Mining Investments

Issuer name

Chinese Chamber of Commerce for Metals, Minerals and Chemicals Importers and Exporters (CCCMC)

Issuer notes

Chamber of Commerce

More information

The Guidelines lay out of a series of principles for companies conducting activities relating to mining internationally. These principles largely span corporate social responsibility, namely : human rights, labour rights, environment, stakeholders' implication, responsible value chains, transparency. Companies should report on their material impacts and disclose their ethical, social, and environmental performance to their stakeholders in ways that are appropriate and meaningful to their needs. The identified "Good practice" in this respect is to develop annual GRI reports (using sector supplement). Further, the guidelines provide detail guidance on appropriate organizational governance , fair operational practices, and value chain management, and as related to the aforementioned principles.

Reporting resources

True

Organizations covered by the instrument

All Companies

Industry scope notes

Applies to the mining sector, more precisely "all mineral exploration, extraction, processing and investment cooperation projects, including related activities such as mining-related infrastructure development in foreign countries, in which Chinese companies have invested". The CCMC has more than 5,700 member companies.

Disclosure venue

Sustainability report

ESG coverage - E (Environment)

Environmental Compliance & Risk, Biodiversity & Ecosystem Services, Waste & Hazardous Substances, Materials & Resource Efficiency (circularity), Pollution, Climate & GHG emissions

ESG coverage- S (Social)

Human Rights, Employment Conditions, Policies and Practices

ESG coverage- G (Governance)

All

ESG coverage- Eco (Economic & General)

Trade and Investment, Procurement and Supply Chain Management