We assess producers against the three pillars of ESG
What are RECOSI’s core ESG principles?
RECOSI Members expect their suppliers to adhere to our 12 guiding ESG principles.
These core ESG principles form the foundation for the development of our sector-specific programmes. They provide the framework for responsible commodity sourcing and are used to drive improvements across sectors.
Governance
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Companies will conduct their business to a high-level of integrity and compliance.
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Companies will develop, document and implement management systems that cover these 12 Principles, and will support continuous improvement throughout their operations and with business partners.
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Companies will commit to being transparent in alignment with internationally recognised reporting and disclosing standards.
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Companies will implement a process of integrated site closure and rehabilitation incorporating environmental, social, economic and governance aspects into operations from the earliest stage of site development.
Social
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Companies will respect human rights affected by their operations and take appropriate action to assess, prevent and remedy potential adverse impacts on human rights in a manner that is consistent with international instruments on human rights.
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Companies will uphold the rights of workers and ensure dignified and respectful working conditions in line with the ILO eight fundamental Conventions and other relevant ILO Conventions.
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Companies will provide safe and healthy working conditions for all workers, both employees and contractors.
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Companies will identify and engage potentially affected stakeholders and contribute to the long-term social, cultural, environmental, economic and institutional development of the communities in which they operate.
Environment
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Companies will have systems in place that enable the efficient and responsible withdrawal, use and management of water in their operations to contribute to good water stewardship in the area of operation.
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Companies will have systems in place to avoid and minimise potentially harmful emissions and to manage waste in line with the mitigation hierarchy.
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Companies will have systems in place to measure, avoid and minimise greenhouse gas emissions at all stages of the lifecycle of their operations.
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Companies will identify their impacts on biodiversity, protected areas and land use and apply the mitigation hierarchy to the management of their impacts throughout the lifecycle of their operations.