Cement, Energy & Environment

Subsequently, IMI was rechristened Sustainable Mining Initiative (SMI) as a separate independent division of FIMI. Membership Sustainable Mining Initiative (SMI ), during its journey of four years since 2009, has moved forward to achieve its objectives by addressing the environmental and social issues related to mining in India. SMI has developed itself as an important stimulus for the inclusive and responsible growth of the industry. Foundation and Governing Council Members Ten of the mors.responsible and premier non- • coal mining compahies were the first ones to come together and support the formation and movement of SMI. These ten companies are the found ing and Govern ing Council members of SMI. Subsequently, 4 more mining companies have joined SMI as Associate members by adopting the Codes of Conduct. This Report, the first after the SMI came into being, is an attempt to captu re the objective and principles of SMI, how far in the journey we have travelled, and the way forward . Objective Mining sector play a important role in meeting the ever increasing demand for minerals and metals to sustain high economic growth rate of the country. The challenge for the sector is to integrate the environmental, social and Founding and Governing Council Members sustainability concerns into the business to ensure that the extraction of minerals Associate Member of SMI and metals is done, while ensuring holistic national development. SMI has been established to ensure that such integration happens. The objective of SMI incorporated their desire and philosophy as listed below: i. M/s Sandur Manganese and Iron (SMIORE), Karnataka ii. M/s Hothur Traders (HT) , Karanataka iii. M/s M G Mohanty, Odisha (Orissa) " Promote and foster responsible mining • Assist mining companies to incorporate principles of sustainable mining into their business practices • Create positive public perception towards mining. • Identify, develop and promote usc of best practices and create enabling framework for proactive pursuance of the fundamental tenets of Sustainable Development v" Provide platform for sharing of best practices. tr:~ining and capacity building. • Assist and advise mining companies for continued improvement of their environmentill, social ;mel econom1c performance • Interact with all the stakeholders including Governments, Civil Society Organizations for creating enabling climate for sustainable mining to thrive. • Network with organizations and institutions worldwide and disseminate information on sustainable mining. iv. M/s M G M Minerals, Odisha (Orissa) The Governing council (GC– compnslng of the 10 founding members) meets twice an year to review the progress made in achieving the objectives of SMI and provide guidance and direction on how accelerate the process. Code of Conduct In August 2012, FIMI launched its code of conduct (CoC) for voluntary adoption by its members. The aim was to provide a framework to the mining companies and entrepreneurs to demonstrably adopt 'good behavior' and open themselves to measurement and security and, hopefully, reduce negative perceptions about the mining sector so widely prevalent today. 27