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 1. Frequently Asked Questions (FAQ)
 2. Environmental, Social and Governance (ESG) FAQ


FREQUENTLY ASKED QUESTIONS (EXTENDED MINERALS REPORTING TEMPLATE/EMRT)

FREQUENTLY ASKED QUESTIONS (EXTENDED MINERALS REPORTING TEMPLATE/EMRT)

23.09.2022•KNOWLEDGE


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Frequently Asked Questions (Extended Minerals Reporting Template/EMRT)

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Frequently Asked Questions (Extended Minerals Reporting Template/EMRT)



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What is the Extended Minerals Reporting Template (EMRT)?

The EMRT is a standardized reporting template with the capacity to disclose
information on multiple minerals. Its original form replaces and combines both
the previously-existing Cobalt Reporting Template (CRT) and Mica Reporting
Template (MRT); over time it is expected to expand and include additional
minerals as well. 
 

What is the timeline for EMRT availability?

 * Autumn 2021: EMRT finalization by the Responsible Minerals Initiative (RMI).
 * Autumn/winter 2021: EMRT expedited release and general availability. 
    

Why is the EMRT necessary? Are these disclosures required by law?

Although the declaration of other minerals (beyond tin, tantalum, tungsten, and
gold, the "3TGs") is not required by regulation, an expectation for voluntary
declaration and due diligence is becoming widespread across many different
industries. (See also "Cobalt Reporting: if it's not required by law, why is it
so important?")

As reporting for individual non-3TG minerals (such as cobalt and mica) became a
more widespread expectation, an "all in one" reporting template became necessary
to simplify the data collection process.
 

What does this development mean for the market?

Market demands for responsible sourcing are evolving and the scope of due
diligence expectations continues to expand beyond 3TGs. Critical minerals such
as cobalt, mica, and others are also associated with human rights abuses
worldwide. Monitoring and mitigating the risk of human rights abuse is part of
any robust Environmental, Social, and Governance (ESG)/Corporate Social
Responsibility (CSR) due diligence program.

Downstream companies are expected to take action based on the various risks
(across the ESG spectrum) identified within their supply chains. A necessary
first step is monitoring the supply chain and collecting data to identify
potential areas of concern. The EMRT supports this process for supply chains
that include listed minerals.

This article is current as of 2021-10-07.
 

URL Name
Frequently-Asked-Questions-EMRT
Environmental, Social and Governance (ESG) FAQESG/CSR: Responsible
MineralsExtended Minerals


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