The RMI requires its standards to be reviewed regularly to ensure the content continues to reasonably support the responsible sourcing requirements set forth by law (e.g., Dodd Frank Action Section 1502) and international expectations, such as the OECD Guidance.
Interim adjustments are able to be made if driven by revised findings or legislation, including the European Union (EU) Supply Chain Due Diligence Regulation (May 2017) and forthcoming Chinese legislation. Within the EU context, accompanying measures and implementing regulations will require RMI to formally apply for acceptance into the EU scheme, which requires assurance programs to be aligned with OECD Guidance to be accepted in by EU Member States.
The revised Standard also meets international expectations communicated by the availability of the OECD Alignment Tool and Methodology, as well as further alignment with upstream partners and the need to update content based on three years of feedback and input from auditors.
