RESCO
The Responsible Sourcing Coalition (RESCO) for Minerals and Metals
Our Work > The Responsible Sourcing Coalition (RESCO) for Minerals and Metals
 
Mineral sourcing with vision and impact
Accelerating a mineral value chain free from structural inequality, shaped by community values and moved from a mindset of risk management to one of long-term value creation.

An initiative of DPI Mining, RESCO is about building a value chain equally committed to accelerating value generation for the communities and regions it sources from and collectively removing barriers to achieving it.
 

Here is how we plan to make our contribution
– we hope you will join us.

 
PHASE ONE
Designing the Future is X: 2040
The “Future is X: 2040” will creatively paint the picture of where we want to be in2040. What does progress and impact look like if we remove all barriers and limitations? Our Theory of Change will comprehensively map and illustrate how and why the changes we desire are expected to happen.

Scope 3 Emissions: Picking up the Pace
We will undertake research, at pace, to better understand the specific challenges companies are facing and develop a brief with synthesis of the challenges, analysis of the available options and pathway recommendations.
PHASE TWO
Addressing structural inequality and racism in the mining value chain
In Phase 2 of RESCO, we will explore this difficult but necessary conversation – hosting pilots in different countries, developing a discussion paper and being committed to taking necessary actions with our partners

Forming the RESCO Community Collective
We will form a globally diverse Community Collective, accessible to RESCO member organisations and working groups, to offer experience, insight and advice

Developing a Social Value Approach, shaped by communities
We will work with our Community Collective to develop an approach for social value generation, led by community values - a working definition of Social Value for the minerals and metals supply chain, prepare approaches and tools to create it

Digging into Organisational Leadership for Impact Sourcing
An exploratory process to identify and map the barriers and opportunities within organisations to deliver meaningful social value as a business priority
PHASE THREE
Integrating Social Value in the Supply Chain: The Journey of Iron Ore
We will map the journey of Iron Ore. This will clearly depict the tiers of transactional relationships, the groups of actors and how information is passed through the supply chain.

Creating the Financial Incentive
Develop a set of short-term and long-term impact driven KPIs and incentives through all forms of investment and finance (debt, equity, project finance and venture).

The RESCO Marketplace
We will create a space for new ideas and innovation to meet expertise and funding.
 
An initiative of:
In partnership with:
Supported by:
 
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