We use data and indicators to evaluate our progress toward achieving our intended impact.
MONITORING AND EVALUATION
The Copper Mark Monitoring and Evaluation System complements the Theory of Change by defining the data and indicators to track performance toward achieving our short- and long-term goals, as well as our intended impact.
The monitoring and evaluation system measures the Copper Mark’s progress towards our intended impact. Results are used to inform the Copper Mark’s strategic goals, organizational processes and serve to proactively prevent and mitigate potential negative impacts.
The Copper Mark launched its first M&E Report in May 2023. This report covers the first three years of the implementation of the Assurance Process, and measures progress toward meeting the goals identified in the Theory of Change. As a starting point, the report includes baseline information on which future reports can be measured. Key take aways include:
- The average number of “partially meets” per site in 2022 was 3.6 out of a total of 32 requirements.
- The percentage of annual globally mined copper produced by sites with the Copper Mark grew from 4% in 2020 to 21.1% in 2022.
- The Copper Mark has seen a fourfold increase in its number of partner companies since 2020, as well as an expansion in the number of non-mining sites participating in the framework, building the foundation for the Copper Mark’s engagement across the whole value chain.
In early stages of implementation and organizational development, the Copper Mark acknowledges that its M&E System will require time and experience to fully implement. The Copper Mark will regularly report on its progress.
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