The Responsible Mining Foundation based in Nyon, Switzerland has elected Attorney Samuel Kofi Woods, II as its new Board’s Chair.
Woods, usually referred to as the “Father of the Organized Human Rights Movement” in Liberia, assumed leadership as of Tuesday, October 15 2019 after the quarterly meeting of the Board. He previously served on the Advisory Council and then a member of the Board for several years.
The Responsible Mining Foundation is an independent research organization based in Switzerland.
The Foundation believes that minerals and metals mining should benefit the economies, improve the lives of peoples, and respect the environments of producing countries – while allowing companies to make a fair and viable return.
The Foundation therefore encourages continuous improvement in responsible mining in the minerals and metals industry by highlighting leading practice and transparently assessing the policies and practices of companies in the minerals and metals supply chain on economic, environmental, and social and governance issues.
The Responsible Mining Foundation focuses on research, stakeholder engagement, and the transparent publication of methodologies, results and related data, based on open data principles.
The members of the Responsible Mining Foundation’s Board function as the supervisory authority of the Foundation overseeing its strategy, policies and course of action.
The Foundation’s major project is the Responsible Mining Index (RMI), a biennial assessment of large, globally-dispersed mining companies’ behavior on six different economic, environmental, social and governance areas: economic development, business conduct, lifecycle management, community wellbeing, working conditions and environmental responsibility. The first such assessment, RMI 2018, published in April 2018, is an evidence-based assessment of 30 large, globally dispersed mining companies, including listed, state-owned and privately-owned companies that together represent approximately 25% of the global value of mining production, cover 51 producing and home countries, and account for 861 operating and 140 closed mine sites.
RMF will continue to produce a global Responsible Mining Index (RMI) on a biennial basis, as well as other studies and relevant analyses, all with a focus to encourage continuous improvement in responsible mining.
As Member of the Board, Woods worked to ensure that one of Liberia’s Mining Company, Acelor Mittal was included in the Index.