The Copper Mark publishes its first Monitoring and Evaluation report

This baseline study sets out the key indicators against which the Copper Mark tracks the progress of its ambition to promote responsible operating, sourcing, and recycling practices across the entire value chain of these metals.

Key findings from the report, which focuses on the Copper Mark’s work across the copper value chain, include:

• The average number of ‘partially meets’ per site in 2022 was 3.6 out of a total of 32 requirements.
• The percentage of annual globally mined copper produced by sites with the Copper Mark grew from 4% in 2020 to 21.1% in 2022. Recent participants have increased this to over 25% in 2023.
• The Copper Mark has seen a fourfold increase in its number of partner companies since 2020, as well as an expansion in the number of non-mining sites participating in the framework, building the foundation for the Copper Mark’s engagement across the whole value chain.

The M&E report also sets a baseline for the long-term metrics against which the Copper Mark will continue to measure its ambitions to promote sustainability, accountability, and responsibility in the entire copper value chain.

Read the full report here.

Michèle Brülhart, Executive Director of the Copper Mark, said:

“We are pleased to launch the Copper Mark’s first M&E Report, showing the progress we made in the first three years of the organisation to promote responsible practices across the copper value chain. The Copper Mark is fully committed to transparency and accountability for ourselves and our participants. The results of today’s report are used to inform our strategic goals, organisational processes, and serve to proactively prevent and mitigate potential unintended negative impacts.”

Read the article online at: https://www.globalminingreview.com/mining/11052023/the-copper-mark-publishes-its-first-monitoring-and-evaluation-report/