This note summarises and provides links to various standards and processes about ‘due diligence’ in extractives operations.
These include the responsible sourcing requirements of the London Metals Exchange, guides about the extractives sector from the OECD, the World Bank’s Environmental and Social Standards, the Chinese Due Diligence Guidelines for Responsible Mineral Supply Chains, the 4th version of the Equator Principles, and modern slavery laws in Australia as well as elsewhere. This is not the traditional ‘DD’ of checking propriety before a merger or acquisition. Rather, it involves examining operations and supply-chains for human rights and other impacts.
Document can be downloaded here: Presentation to Due Diligence 2.0 – Are You Mapping All the Risks a Client Needs to Know? (AMPLA Lunch & Learn Series, 15 October 2020).