2024 OECD Forum on Responsible Mineral Supply Chains

Session 7 - Policy cohesion in an evolving regulatory landscape: promoting mutually supportive implementation of market and regulatory due diligence requirements

May 23, 2024 | 12:00 PM - 1:15 PM

Description

Regulatory frameworks, legislation and market requirements for due diligence and responsible business conduct in mineral supply chains continue to evolve, with different models being used to support responsible sourcing expectations. In particular, environmental impacts have been a topic of growing concern, with policymakers looking to embed environmental considerations into mineral supply chain due diligence legislations. This session will look at how diverse such approaches have become, spanning reporting requirements, recognition of voluntary audit and due diligence schemes, spot checks, or expectations for provenance and specific risk and geographic scopes. It will look both at where market requirements and legislation may be distinct but mutually supportive, but also ways in which divergent approaches could trigger fragmentation and friction and contemplate ways to address such challenges.

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