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Fairmined Standard 3.0: what will happen in 2022?

Fairmined Standard 3.0: what will happen in 2022?

The process of updating the Fairmined standard continues this year. After progress was made in 2021 with the analysis and collection of learning by ARM with its Sustainable Mines Program, in 2022 the Fairmined Standard 3.0 structure proposal will be presented to the members of the Fairmined standard committee, which seeks to guide artisanal gold mining organizations towards sustainability and provide them with access to fair markets

A summary of the achievements of 2021:

✓Analysis of the thematic discussions and information collected through the application and the Sub-committees held in 2020.

✓Analysis of the value proposal, the Fairmined premium and the proposed supply models on the standard, integrating all the comments and value contributions.

✓Benchmarking with other standards and innovative proposals in the market to define a renewed structure of the Fairmined 3.0 Standard.

✓Development of the a new value proposition, integrating the CRAFT Code and the Fairmined Standard, according to the need seen and the experience with the Sustainable Mines Program.

✓Analysis of the safety requirements, ASM and due diligence, and the recommendations on the feasibility exercise on intelligent forest mining of ASM.

Thanks to these advanced steps in 2021, the central objective of 2022 will be:

✓ Advance in the outline of the Fairmined 3.0 standard with the advice of the Fairmined Standard Committee and the actors interested in the construction process.

✓Public Consultation: collect feedback from various actors in the supply chain on the issues related to the Fairmined standard.

✓Prioritize and incorporate improvements based on discussions and consultation with actors in the gold supply chain, with the aim of facilitating the path of artisanal and small-scale mining organizations towards sustainable mining with fair market opportunities, and establishing its phase in the progressive path and evolution in the program of sustainable mines

We are currently developing steps 5, 6 and 7 of the process designed according to the ISEAL Code of Standards Development and which is available at the Fairmined standard revision

Check the detail of each step of the Fairmined 3.0 standard for 2022.

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