LME’s plan for red flag assessments of listed brands will be ‘positive’ for the industry - Chamberlain

摘要

A very simplistic summary of the LME’s approach to responsible sourcing is that it uses the Organization for Economic Co-operation & Development (OECD) red flag scheme and a phased introduction of transparency, but Matthew Chamberlain is keen to explain the “two big philosophical pillars behind it.” The first is about establishing the LME’s role in delivering responsible sourcing. “There are some in the market who say that the LME should have nothing to do with this, that responsible sourcing is a matter for government or legislation or even individual consumers,” the London Metal Exchange chief executive officer told Fastmarkets in an interview for the Metal Market Magazine in September.