Comment
Author: Admin | 2025-04-27
Restrictions based on full conformance with ICMM’s requirements; or Recommended to make a formal request for membership but with a requirement to reach full conformance with ICMM’s membership requirements, in accordance with an agreed action plan, within two years (see stage 4); or Recommended that the application conclude without membership, based on either inadequate conformance or capacity to comply within a reasonable timeframe (or related reputational concerns).The decision of the IERP is final on the basis that they enjoy delegated responsibility from the ICMM Council. Only favourable recommendations of the panel will be communicated by ICMM to ICMM’s Council.Where the IERP has made a favourable recommen7dation, and the Applicant proceeds to make a formal request for membership, formal acceptance is sought from the ICMM Council of CEOs, subject to the IERP’s conditions.Applicants are required to provide written undertakings and assurances that they will implement the IERP’s conditions of membership within two-years or less. Ongoing monitoring: Ongoing monitoring of full implementation of ICMM’s membership requirements occurs through the adoption of ICMM’s Assurance and Validation Procedure by the Applicant. More information As of the date of their admission, all members are required to undertake annual independent assurance and validation activities in line with ICMM’s Assurance and Validation Procedure. For full new members, this ought to demonstrate ongoing adherence to the ICMM requirements of membership on an annual basis.Where a member has been admitted subject to conditions specified by the IERP, the IERP will reconvene at the end of the conformance period specified in the action plan, in order to assess the member's implementation of the requirements specified in the action plan. To begin this process, the company will prepare a self-evaluation report addressing its conformance with the action plan, and have that report assured by an independent third-party assurer. The IERP chair will be consulted about the selection of the assurer and will engage with the company and the assurer to agree on the assurer’s brief. Once the assurance process is complete, the company’s report and the assurance report will be forwarded to the IERP, which has the opportunity to speak with management and the assurers via conference call. If this review identifies particular areas of concern, the IERP can elect to conduct an in-person visit to the company’s headquarters to address those concerns as appropriate. The IERP prepares a report to ICMM on the status of the member's implementation of the action plan.The costs of any such follow up by the panel are borne entirely by the new member. Once conformance with the IERP’s conditions has been confirmed, the annual independent assurance process that all members must undertake will serve as an ongoing check that the membership requirements continue to be met.Further readingICMM (2020), Assurance and Validation Procedure.ICMM (2020), Validation Guidance. Expectations of the Independent Expert Review Panel (IERP)The IERP follows a standard procedure and terms of reference which ICMM establishes in advance. This is based upon the need for the IERP to carefully consider the information provided in the application
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