International Responsible Business Conduct

The Dutch Metallurgy Industry Association VNMI is the trade association of Dutch producers of raw metals and metal alloys and semi-finished products. These are companies that release pure metals from metal ores and re-use collected recycling materials.

The VNMI, Dutch Ministry of Foreign Affairs and Economic Affairs, SER and NGOs such as Terre des Hommes, UNICEF, CNV International, FNV, Action Aid and Save the Children are in a process to jointly reach a covenant for International Responsible Business Conduct (IRBC agreements).

IRBC agreements metallurgy industry

Inducement

KPMG carried out an IRBC Sector Risk Analysis on behalf of the Ministry of Foreign Affairs. In it, the Dutch metal-electrical sector is labeled as ‘risky’ because negative effects on people, the environment and the economy can occur in the supply chains of this industry. For the Dutch Metallurgy Industry Association (VNMI), this led to exploring the possibilities for an IRBC covenant with the government and civil society organizations.

General considerations

On the one hand VNMI wants to take its social responsibility and strengthen and expand existing efforts of the sector in the field of CSR. On the other hand, VNMI wants to reduce IRBC-related economic risks for the sector or create new opportunities. VNMI strives for synergy with, among other things, policy on Socially Responsible Procurement, scarce and conflict minerals, circular economy and innovation.

Specific considerations

VNMI uses the following insights and considerations for the ultimate covenant:

More information about this topic can be found on the VNMI website: http://www.vnmi.nl/