Industrial Minerals Association (IMA-Europe)

Summary of the initiative

Name
Industrial Minerals Association (IMA-Europe)
Objective(s)
The IMA-Europe "Sustainable Development Charter" sets out the non-energy extractive industry's commitment to sustainable development in eight guiding principles, encompassing sustainable development, corporate social responsibility, ethics, etc. It is to be ultimately applicable to all members of IMA-Europe, an umbrella organisation which brings together a number of European associations specific to individual minerals.

Description of the Initiative

    Sector

    Self/Co-Regulation Basic Act

    PRIVATE ACT
    Year
    2004
    Title of Act
    IMA Sustainable Development Charter

    Geographical Coverage

    Participating Countries
    Austria
    Other countries
    USA, Israel, Saudi Arabia

    Description

    Problems that lead to the introduction of Self/Co-Regulation and the adoption of the Founding Act
    -
    Target Group(s)
    Industrial Minerals sector
    Type of Instrument(s)
    Charter
    Type of Financing
    -
    Type of Monitoring
    Conduct an initial survey of compliance capacity of future regulateesConduct regular visits and spot checksInitiate complaints proceduresMaintain database of those bounded by the normsProduce regular reportsReceive complaints and verify if norms were breached or notReflexive dialogue with the - stakeholdersOther
    European Commissionyes
    National public authority
    International public authority
    Private regulator (code owner)yesyes
    Private independent party with a mandate (e.g. auditors)
    Self-appointed private parties (e.g. NGOs)
    Succinct description of the type of Monitoring
    IMA is publishing regular monitoring reports that verify progress on environmental, social, health and safety objectives, including the Sustainable Development indicators contained in the EC voluntary scheme for this industry.
    Type of Enforcement
    Faming, shaming and blamingJudicial sanctionsMembership suspension/exclusionPrivate finesOther
    Private Regulator
    Private independent party with a mandate (e.g. auditors)
    Court system
    Alternative dispute resolution (ADR) / Online dispute resolution (ODR)
    Succinct description of the type of Enforcement
    -

    Results of Commission Monitoring

    Scoring
    Link / Reference of Evaluation
    -

    Downloads

    SMO self- and co-regulation database - private code 25