Center for Indigenous Economic Stewardship published an Investor Brief: Indigenous Peoples in Isolation and Initial Contact. In doing so it compares the IRMA Standard against the approach of the International Council on Mining Metals (ICMM) and the draft Consolidated Mining Standard Initiative Standard (CMSI).

“The International Council on Mining and Metals (ICMM) recognizes IPIIC as vulnerable populations in its 2024 Indigenous Peoples and Mining Position Statement, but does not adopt the principle of no-contact in accordance with international standards. This may be compared to the Initiative for Responsible Mining Assurance (IRMA), which has included recommendations around no-contact with IPIIC, requiring detailed steps for companies when projects may affect IPIIC.The second draft of the Consolidated Mining Standard Initiative (CMSI), released in October 2025, establishes that mining facilities “should exercise a precautionary approach and avoid any contact with [IPIIC]” as a baseline performance criteria, but does not explicitly require facilities to cease operations if impacts to IPIIC are identified or ongoing. Indigenous Peoples, investors, and civil society organizations have expressed concern that CMSI risks lowering the mining industry bar on Indigenous Peoples’ rights.”