The Initiative for Responsible Mining Assurance (IRMA) is pleased to announce that KPMG Performance Registrar Inc. (KPMG PRI) is now approved to conduct independent assessments of mining operations against the IRMA Standard for Responsible Mining. KPMG PRI joins ERM CVS and SCS Global Services to become the third IRMA approved verification body.

IRMA is a system in three parts:

  1. a global standard describing best practices for environmental and social responsibility, against which mines at any point in their journey to improve practices may be measured;
  2. an assessment process to measure achievement of mining operations against that standard such that the process builds trust in the independence of that assessment, and value for more responsible practice; and
  3. equal governance and oversight by mining affected stakeholders such that communities, labor unions and other public sector representatives have the same voting power as mining companies and other private sector representatives.

KPMG PRI will transparently and independently assess those mining operations which volunteer to be assessed against the 26 chapters and 400+ requirements of the IRMA Standard. Verification bodies announce their assessments in advance so that assessors can interview not just mine management, but also affected community members and mine workers (among others).

“The addition of KPMG PRI as an approved verification body underscores IRMA’s commitment to answering the increasing demand for responsibly sourced minerals.” — Aimee Boulanger, Executive Director of IRMA.

“KPMG PRI is proud to become an IRMA approved verification body. We believe mining must be done responsibly, and the public and private sectors need transparent, independent assessments of mineral extraction that they can trust. KPMG’s reputation as a trusted assurance provider globally, combined with our deep knowledge of the mining sector means that we are well positioned to provide these services.” — Kim Swanzey, ESG and Sustainability Partner, KPMG LLP.