Responsible Cobalt Credits
Initiative · Finance & credits

Credits through which cobalt buyers fund work at artisanal mine sites.

Responsible Cobalt Credits turn a company’s demand for responsible cobalt into investment at the mine site, directed by the people who work there. A book-and-claim mechanism created by the Fair Cobalt Alliance, now operated on a dedicated registry.

Read the FCA approach

How a credit connects a buyer to the mine.

A Responsible Cobalt Credit represents one tonne of cobalt produced responsibly at a partner cooperative. A company calculates its cobalt footprint, buys credits to match it, and the premium flows back to the mine, where it pays for work in the four areas below.

A local, worker-led committee at the site decides where the premium goes, across four areas: health and safety, child rights, cooperative governance, and the environment.

The mechanism is deliberately mineral-agnostic. The first credits were purchased in 2023, and the model is now generalising beyond cobalt under the name Responsible Minerals Credits, with a public version of the standard expected in 2026 and copper next in line.

How a credit flows

From monitored production to reinvestment.

Four steps connect a tonne of responsibly mined cobalt to investment at the mine.

1 · IssuanceResponsible production at a partner cooperative is monitored, and one credit is issued per tonne produced to the agreed standard.
2 · FootprintA buying company calculates how much cobalt it relies on across its products, setting the volume of credits it needs.
3 · PurchaseThe company buys credits to match that footprint, paying a premium that funds responsible production at source.
4 · ReinvestmentA worker-led committee at the mine directs the premium into the priorities that matter most to the people who work there.
What credits pay for

Priorities set by the people who work at the mine.

The committee allocates the premium across four areas, reported back to buyers.

Health & safety

Underground ventilation, protective equipment, safety ropes and waste management at the working site.

Child rights

Funding that reinforces the wider child-labour remediation work in the surrounding community.

Cooperative governance

Stronger, fairer organisation of the cooperative that runs the site, so decisions hold over time.

Environment

Reducing the local environmental footprint of mining, from water to land rehabilitation.

The system that runs it

Oreka: the registry that issues, tracks and retires every credit.

In a book-and-claim scheme, a credit has to be issued once, held by exactly one party, and retired against a single buyer’s claim, with no possibility of the same tonne being counted twice. That takes dedicated infrastructure.

Oreka is the digital infrastructure built for it. Developed by Datastake and operated by The Impact Facility, the same organisation that runs the Fair Cobalt Alliance secretariat, Oreka is the registry for the Responsible Minerals Credits scheme: it tracks every certificate from issuance through to retirement, and produces a citable retirement statement a buyer can attach to a sustainability filing. State transitions are irreversible by system rule, so a retired credit can never be claimed again.

It runs on the open Datastake Application Framework. Oreka is live.

OperatorThe Impact Facility, as scheme coordinator.
FrameworkBuilt on the open Datastake Application Framework (DASME) by Datastake.
What it tracksIssuance → holding → retirement of each credit certificate, irreversibly.
OutputA permanent retirement statement with an explicit claim boundary.
The facts

What the published record supports.

1 tonneof responsibly produced cobalt represented by each credit
Aug 2023first credits sold, alongside the Fairphone 5
$34k+reinvested at the Kamilombe mine through the model in 2025
2,026public version of the standard expected; model extending to copper

Volumes remain modest and early-stage: the mechanism is still at pilot scale. Reinvestment figures are reported by the Fair Cobalt Alliance and The Impact Facility.

How it developed

From a financing idea to a live registry.

  1. 2020

    The Fair Cobalt Alliance is founded in Kolwezi, with a financing mechanism for responsible artisanal cobalt among its goals.

  2. 2023

    The first Responsible Cobalt Credits are sold in August, alongside the launch of the Fairphone 5.

  3. 2025

    More than USD 34,000 is reinvested at the Kamilombe mine, directed by the site’s worker-led committee.

  4. 2026

    The model generalises into Responsible Minerals Credits, operated on the Oreka registry, with a public standard expected and copper next.

Where it stands

Early, on a live registry.

Responsible Cobalt Credits address a specific problem: artisanal and industrial cobalt are often mixed long before they reach a buyer, so perfect physical traceability is rarely possible. Book-and-claim, a model borrowed from renewable energy, lets companies fund responsible production now, transparently and at a known volume, rather than waiting for a chain of custody that may never exist.

It is still early. Volumes are small, the buyer base is still forming, and the public standard is not yet released. What has changed is the infrastructure: with Oreka, the scheme now has a registry that can issue, hold and retire credits at scale without double-counting.

On the Hub

More initiatives, mapped and tracked.

Responsible Cobalt Credits are one of dozens of programmes shaping ASM cobalt. Browse the full register, or tell us what is missing.