Policy Brief: Standardized Reporting on Mining Local Procurement: Why Civil Society Organizations Should Promote the Local Procurement Reporting Mechanism (LPRM)

The Mining Local Procurement Reporting Mechanism (LPRM) is a publicly available set of disclosures on local procurement which aims to guide information-sharing for mine sites on their policies, programmes, and results for what is usually the single largest potential economic impact during mining activity. Its use empowers suppliers and host country actors, and addresses gaps in current reporting frameworks allowing mining companies to demonstrate their adherence to the provisions of sustainability frameworks such as the International Council on Mining and Metals (ICMM) Performance Expectations, and the World Gold Council’s Responsible Gold Mining Principles (RGMPs).

This brief outlines how the LPRM can be a powerful tool for civil society organizations to improve accountability for efforts to increase local procurement, facilitate their oversight role in fair and transparent procurement processes, and also to help build collaboration between mining companies and local businesses to target supplying opportunities.

This policy brief is a joint effort through CIRDI’s Learning and Knowledge Mobilization team and the EWB’s Mining Shared Value Initiative.

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Read more:

Policy Brief: A Guide for Consultants: Using the Mining Local Procurement Reporting Mechanism in Sustainability Reporting