Written by:

Dr Ash Finn

Ash is the Research & Training Manager at Storey & Ward Lawyers, combining extensive academic expertise and practical experience in policy, education, and research to drive the development of our training programmes and support our research initiatives.

Written by:

Alexandra (Alix) Hill

Alix has worked extensively in cultural heritage across both the policy and practical implementation areas. As a senior policy manager with the Department of Premier and Cabinet, she developed key statutory reform documents and sector analysis for the Victorian Aboriginal Heritage Council.

The rise of self-regulation in the global mining industry

Voluntary industry standards schemes have become increasingly influential in the mining sector over the past three decades. Originally developed in response to growing public scrutiny, these schemes aim to demonstrate corporate commitments to environmental protection, social responsibility, and respect for human rights. Today, they play a major role in how mining companies manage risk, engage with communities, and align their operations with international expectations.

The landscape of standards has expanded rapidly, with initiatives such as the International Council on Mining and Metals (ICMM) principles, the Towards Sustainable Mining program, and the Initiative for Responsible Mining Assurance (IRMA) setting the tone for industry practice. These schemes are evolving alongside global frameworks, including the UN Guiding Principles on Business and Human Rights, which emphasise Indigenous rights and Free, Prior and Informed Consent (FPIC).

Yet the effectiveness of voluntary standards remains contested. Critics point to weaknesses in enforcement, transparency, and accountability, and note that membership alone does not guarantee protection for communities or cultural heritage — as highlighted by the destruction of Juukan Gorge. Despite these concerns, standards can help close regulatory gaps, particularly where domestic law offers limited safeguards. They may also create opportunities for Traditional Owners to influence mining practices across multiple jurisdictions.

With major schemes currently undergoing revision, and their influence continuing to grow, understanding these standards — and their limitations — has never been more important.

To read more on this important topic, please download our free Insight prepared our Principal Policy & Communications Consultant, Alix Hill, and our Research & Training Manager, Dr Ash Finn.

Is it time to talk about Voluntary Industry Standards Schemes?

Is it time to talk about Voluntary Industry Standards Schemes?

Natural Resource Management Law
Policy Development Consultancy

Is it time to talk about Voluntary Industry Standards Schemes?

Green Iron may be the future but must learn from the past

Green Iron may be the future but must learn from the past

Natural Resource Management Law
Native Title and Land Rights