Single Mine Origin is raising the bar for the gold mining sector with an ambitious ESG benchmark to systematically evaluate sustainability credentials. By introducing a dedicated ESG values-based benchmark, with metrics reported annually, SMO is also increasing transparency and accountability in the gold mining industry.

The Responsible Mining Index's 2022 report highlighted a concerning trend. The majority of the 250 assessed sites, spanning 53 countries, failed to demonstrate public reporting or engagement with communities and workers on basic ESG risk factors and public interest issues.

SMO addresses this gap by collating and analysing disaggregated ESG data against fundamental ESG themes. These themes are mapped back to the UN Sustainable Development Goals and relevant SASB and GRI codes, providing a comprehensive overview of each mine’s sustainability performance.

SMO's proprietary benchmark serves as a critical tool for assessing how SMO-accredited mines compare with other gold mines, both regionally and globally. By incorporating rigorous evaluation against global sustainability standards, SMO ensures that its members stand at the forefront of responsible mining practices.

The SMO Benchmark acts as a catalyst for continuous improvement across the sector. By consistently raising the bar and fostering competition based on responsible practices, SMO aims to inspire positive change, contributing to the overall betterment of the gold mining industry.