Enhancing compliance with LME Responsible Sourcing Requirements

Applying the five-step supply chain due diligence framework

The LME’s approach to responsible sourcing is based on the five-step supply chain due diligence framework foreseen in the OECD Minerals Guidance. Kumi applied its tested and proven Responsible Sourcing Diagnostic methodology to undertake a gap analysis of the Bolivian producer’s existing responsible sourcing management system against the OECD Minerals Guidance. Kumi combined a comprehensive document review process with in-depth interviews with key personnel and followed the structure and risk-based approach of the OECD Minerals Guidance.

Considering the specific Bolivian context

For the successful realisation of this project, it was essential to consider local realities and sourcing practices. The project was therefore led by Kumi’s South American team. A highly specialised, experienced and Spanish-speaking delivery team was put together to consider the supply chain risks and mining practices of mining cooperatives that characterise the Bolivian mining landscape.

Become a leader for responsibly sourced minerals

Kumi provided the Bolivian producer with a comprehensive gap analysis report including actionable recommendations and a timeline to close gaps and improve the existing responsible sourcing management system.

After the successful completion of the project, Kumi’s client was presented with a clear roadmap and tools to:

• future-proof its approach to responsible sourcing and enhance responsible sourcing compliance
• meet its off-taker’s supply chain due diligence expectations in line with LME’s Responsible Sourcing Requirements
• become a leader for responsibly sourced minerals in Bolivia.