Director of the Extractives Industries Program Pavel Laberko, as reported in a Mines and Money story Standards provide bridge to mining’s tomorrow, spoke about the power of IRMA and its credibility with investors:

“I would highlight the IRMA standard as the most comprehensive set of best practices which was created and governed on a multi-stakeholder approach, taking into consideration the interests of different groups of stakeholders.

Adopting an industry standard that is inherently risky in terms of conflict of interest or greenwashing is probably not the best idea if we look to the future.

My call to action for everybody in the audience who belongs to the mining industry is to look at the IRMA standard, to adopt it [and] to submit your assets to IRMA [auditing].

It will not just send a strong positive signal to investors but it also will help you to see the areas for potential improvement for the current and the future performance of your assets.”