It recently joined the Initiative for Responsible Mining Assurance.
General Motors recently announced that it joined the Initiative for Responsible Mining Assurance (IRMA). IRMA exists to ensure sustainability and human rights within the EV supply chain. This is another step in GM's mission to be socially responsible. It also plans to use 100% renewable energy by 2025.
It's an essential move in the right direction. While GM can ensure best practices locally, it has no control over human rights at a nickel mine in Indonesia, for example. IRMA advances responsible mining via a set of four principles business integrity, planning for positive legacies, social responsibility, and environmental responsibility. The next best thing is to ensure that whatever comes through in the supply chain comes with a stamp of approval from IRMA.
GM recognizes how important this will become in the future as EVs require materials that aren't available locally. And it's going to need a lot of these materials, as it plans to invest $35 billion in two new plants. It also has the Hummer EV, Cadillac Lyriq, and various EVs coming in the next few years.
"GM recognizes the important role we play within our supply chain, and we're committed to making sure it reflects our dedication to social and environmental priorities," said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain. "Joining IRMA will help us conduct business with suppliers and partners whose standards and actions align with our approach to integrity, responsible sourcing, and supply chain management. As we shift to an all-electric future, we look forward to helping advance the establishment of a responsible mining industry alongside other IRMA members."
GM already has strict supplier policies in place, and it keeps on throwing money at climate change. But IRMA certification adds another layer of protection to those in the supply chain. To get IRMA certification, a third-party inspection is required. The assessment will closely look at health and safety, waste management, and compliance with local and international laws.
"With GM's engagement in IRMA membership, a strong signal is being sent that the company's commitment to safety, inclusivity, and climate response reaches up their supply chains to the lands and communities where raw materials are sourced," said Aimee Boulanger, executive director of IRMA. "This powerful message has the opportunity to forward value for greater environmental and social responsibility around the world. We are thrilled to work together for a shared purpose."