About

Name Global Industry Standard for Tailings Management (GISTM)
Scheme Holder(s) United Nations Environment Programme (UNEP), International Council for Mining & Metals (ICMM), United Nations Principles for Responsible Investment (UN PRI)
First Published 2020
Current Version Published v1 (2020)
Licensing Terms Membership
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Members List Login to view Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi elementum vestibulum lobortis.  
Number of Participants 28 mining and metals company members and over 35 national, regional and commodities association members
Applicable Size of Entity Large

Governance

Scheme Holder Type Industry Organisation
An organisation, association or membership representing and with a mandate for improving the services provided by an industry, its public standing, and including the industry's sustainability performance.
Core Focus Operating standard
A standard that sets expectations for the sustainability performance of a standard-holding organisation's own operations
Claim Type Business practice performance

Assurance

Verification Requirement N/A
Verification Frequency N/A
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Assessor Qualifications N/A
Public Audit Reporting Partial
Applicability Site-level
Assurance Notes

Now, ICMM members’ immediate priority is ensuring its full implementation. The Standard will be integrated into existing membership commitments, which includes third-party assurance and validation. Members have committed that all facilities with ‘Extreme’ or ‘Very high’ potential consequences will be in conformance with the Standard within three years from today, and all other sites within five years.

Assurance is pending confirmation, to be implemented by the New Independent Global Tailings Management Institute, which was formed in January 2023 to oversee the implementation of, and conformance with, the GISTM standard. Assurance of the standard will be determined by an independent third party audit in future, however no specific dates have been announced on the implementation of the new assurance requirement.

Consultation

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Notes Login to view Lorem ipsum dolor sit amet, consectetur adipiscing elit. Morbi elementum vestibulum lobortis.