[et_pb_section fb_built=”1″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_heading title=”TSM Verification Process ” _builder_version=”4.25.1″ _module_preset=”default” title_font=”||||||||” title_text_align=”left” global_colors_info=”{}”][\/et_pb_heading][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n
TSM\u2019s primary objectives are to drive performance improvement and, through demonstration of this improvement, to build trust with stakeholders. To build this trust, TSM includes a number of checks and balances to ensure that reported results present an accurate picture of each facility\u2019s management systems and performance.<\/p>\n
[\/et_pb_text][et_pb_image src=”https:\/\/chamberofmines.com.ph\/beta\/wp-content\/uploads\/2024\/10\/tsmlayers3y.jpg” title_text=”tsmlayers3y” align=”center” _builder_version=”4.27.0″ _module_preset=”default” width=”80%” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_image][et_pb_text admin_label=”(Click each Tab)” _builder_version=”4.25.1″ _module_preset=”default” text_font=”|||||on|||” text_text_color=”#E02B20″ global_colors_info=”{}”]<\/p>\n
(Click each Tab)<\/sup><\/p>\n [\/et_pb_text][et_pb_tabs _builder_version=”4.25.1″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” global_colors_info=”{}”][et_pb_tab title=”Self-Assessment:” _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Facilities annually self- assess their performance against all indicators under the TSM protocols using the rating system above. The performance results are published in the annual TSM Progress Report. New members have three years to start publicly reporting, which allows them the opportunity to train employees for full implementation.<\/p>\n [\/et_pb_tab][et_pb_tab title=”External Verification:” _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Every three years, a Verification Service Provider (VSP) critically reviews a company\u2019s self-assessments to determine if there is adequate evidence to support the performance ratings reported. The VSPs are experienced auditors who are independent of the company being externally verified. The VSPs rigorously apply the protocols and, where required, can change the ratings to ensure they accurately reflect the facility\u2019s management practices and performance.<\/p>\n [\/et_pb_tab][et_pb_tab title=”CEO Letter of Assurance:” _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n In the year of external verification, the company\u2019s CEO, or most senior executive, submits a letter to COMP that confirms the external verification has been conducted in accordance with the Terms of Reference<\/p>\n [\/et_pb_tab][et_pb_tab title=”COI Panel Post-Verification Review:” _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Each year, COMP\u2019s independent Community of Interest (COI) Advisory Panel selects a sample of companies to present and discuss their TSM results. Through these discussions, the Panel tests to see whether and how facility systems are leading to performance improvement. The Panel explores the challenges faced by the facilities and the steps they are taking to address them.<\/p>\n [\/et_pb_tab][\/et_pb_tabs][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n The Verification Service Providers or VSPs are essential to the ongoing success of TSM. The independence and professional judgment they bring helps to ensure that facility-level management systems are meeting the TSM requirements. VSPs are expected to follow standard verification methodology, which includes three phases:<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Planning:” admin_label=”Planning: cta” _builder_version=”4.25.1″ _module_preset=”default” use_background_color_gradient=”on” border_radii=”on|10px|10px|10px|10px” box_shadow_style=”preset2″ global_colors_info=”{}”]<\/p>\n Pre-verification communication with the client to determine sample size (if applicable), verification agenda and interview questions, and ensure that all required documentation is available beforehand.<\/p>\n [\/et_pb_cta][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Execution:” admin_label=”Execution: cta” _builder_version=”4.25.1″ _module_preset=”default” use_background_color_gradient=”on” border_radii=”on|10px|10px|10px|10px” box_shadow_style=”preset2″ global_colors_info=”{}”]<\/p>\n Validation that the performance level reported by the client is consistent with the VSP\u2019s determination based on standard auditing tools, including interviews with relevant personnel and review of relevant documentation.<\/p>\n [\/et_pb_cta][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”Reporting:” admin_label=”Reporting: cta” _builder_version=”4.25.1″ _module_preset=”default” use_background_color_gradient=”on” border_radii=”on|10px|10px|10px|10px” box_shadow_style=”preset2″ global_colors_info=”{}”]<\/p>\n Preparation of a report that includes, at a minimum, a verification statement from the VSP confirming the completion of the external verification and its results.<\/p>\n \n \n \n [\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.25.1″ _module_preset=”default” min_height=”116.6px” custom_margin=”-41px|||||” global_colors_info=”{}”][et_pb_row _builder_version=”4.25.1″ _module_preset=”default” min_height=”97.6px” custom_margin=”-32px|auto|-37px|auto||” custom_padding=”||11px|||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.25.1″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.25.1″ _module_preset=”default” custom_margin=”-47px|||||” global_colors_info=”{}”]<\/p>\n For a facility\u2019s first external verification, the VSP must validate all indicators for all TSM protocols. For subsequent external verifications, the VSP has the independence to determine the external verification sample size on the basis of standard auditing practice and professional judgment.<\/p>\n [\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" TSM\u2019s primary objectives are to drive performance improvement and, through demonstration of this improvement, to build trust with stakeholders. To build this trust, TSM includes a number of checks and balances to ensure that reported results present an accurate picture of each facility\u2019s management systems and performance.(Click each Tab)Facilities annually self- assess their performance against […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":4803,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-4868","page","type-page","status-publish","hentry"],"yoast_head":"\n\u00a0<\/h3>\n
Verification Service Providers (VSPs) <\/strong><\/h3>\n