The metals sector is known to be at increased risk of violations of human rights, fundamental labour rights, environmental and biodiversity standards and adverse impacts on local communities. With this agreement, participants are committed to identifying, preventing and mitigating (potential) adverse impacts.
The agreement is based on the UN Guiding Principles on Business and Human Rights and the OECD Guidelines for Multinational Enterprises. Risk management is undertaken through a process known as due diligence. The agreement offers tools and experts to assist companies with the implementation.
Raak Metals Groep, specialist in metal recycling, has signed the International RBC Agreement for the Metals Sector. By signing this agreement, the company aims to contribute to the responsible collection and processing of scrap metals.
Smart-M, producer of semi-finished products in the metal sector, has signed the International RBC Agreement for the Metals Sector. By signing this agreement, Smart-M commits to taking responsibility for all aspects in its supply chain.
The OECD Forum on Responsible Mineral Supply Chains will take place on April 27 and 28 2021. During this forum, a side event about the hidden risks in mining supply chains will be organised by CNV. The focus will be on the countries Peru, Colombia and Bolivia.