Sustainability in Chinese Outward Mining Investments- Sustainable Mining Action Plan Project (SCOMI-SMAP) Launched in China
Archive Emerging Market Multinationals Network for Sustainability
On November 22nd, 2016, the EMM Network together with the China Chamber of Commerce of Metals, Minerals & Chemicals Importers & Exporters (CCCMC) and the Department For International Development (DFID) jointly launched the Sustainability in Chinese Outward Mining Investments- Sustainable Mining Action Plan Project in Beijing. The project aims to promote sustainability in Chinese mining investments around the world through effectively implementing the Guidelines of Social Responsibility in Outbound Mining Investment. The Guidelines and a corresponding three year implementation plan were developed as part of an initiative of the EMM Network in collaboration with multiple stakeholders from the government, mining companies, international organizations, NGOs and local communities. More than 100 participants from the mining industry witnessed the launch ceremony.
Mr. Philipp Kruschel, Director of the EMM Network for Sustainability and Co-Director of the SCOMI-SMAP presented the milestones that the Project aims to achieve and the steering mechanism. The Project aims to both set new standards for better sustainable business solutions of the Chinese Mining Sector and deliver concrete results such as more local employment around at least 10 Chinese invested mining sites around the globe. Through peer exchange in the EMM Network for Sustainability, similar guidelines and industry approaches will be developed in other emerging markets with Chile as the first example to launch the guidelines later in 2016.
The Project will be coordinated by a project management unit (PMU) consisting of 3 GIZ and CCCMC staff respectively. The PMU will be headed by Mr. Sun Lihui, Director for Responsible Business Conduct at CCCMC and Mr. Philipp Kruschel, Executive Director of the EMM Network for Sustainability. A high level international expert advisory committee (EAC) consisting of experts from the World Bank, IFC, OECD, DFID, GIZ and domestic experts will advise the PMU in its coordinating function. A Strategic Oversight Committee (SOC) at the heads of agency level in China will oversee the work of the project.
Major milestones to be delivered include improving performance in at least 20 companies, increasing perception of Chinese overseas mining projects and creating jobs for local communities.
The EMM Network will continue to showcase the progress made under this mining initiative and will encourage and support peer learning with other mining actors from around the world. The EMM Network also offers advice and support for the replication of similar guidelines in other emerging economies.