The year 2007 marked the full implementation of TSM as a performance measurement and reporting system. After years of hard work by TSM initiative leaders, by MAC committees such as the Tailings Working Group and the Energy Committee, and by the Community of Interest (COI ) Advisory Panel, TSM now includes the following elements:
- Facility-based reporting by member companies on performance indicators for tailings management, energy and greenhouse gas management, crisis management and external outreach
- Third-party assurance of facility performance
- Annual COI post-verification review of two or three member companies’ performance
- New policy frameworks that address biodiversity, Aboriginal relations and mine closure
- Evolution of the COI Advisory Panel’s focus beyond the development of TSM, to include some of the critical issues facing the Canadian mining industry
