Responsible Commodities Sourcing Initiative (recosi)

What Responsible Commodities Sourcing Initiative (recosi) does

RECOSI (Responsible Commodities Sourcing Initiative) is a London-based, not-for-profit membership organisation that develops sector-specific ESG assessment and assurance frameworks for energy commodity supply chains, from coal mining through natural gas and LNG. Its current portfolio comprises two sub-brands: the legacy Bettercoal Programme, built on the Bettercoal Code of 144 provisions across 12 principles with third-party-assessed Continual Improvement Plans, and the newer RECOSI Gas Programme, which combines the Responsible Sourcing Criteria (a 12-topic corporate-level ESG standard tiered at Foundational, Good Practice and Leadership) with the RECOSI Gas Self-Assessment Questionnaire (SAQ) for individual gas and LNG assets. In June 2026 the organisation extended its coal offering with the Bettercoal Desktop Assessment Process, a lower-cost entry tier for producers. Both programmes are explicitly aligned with EU and UK supply chain legislation including CSRD, CSDDD and the EU Methane Regulation, and underpin a UN Global Compact participant status held since August 2017.

Name

Responsible Commodities Sourcing Initiative (recosi)

Legal name

Responsible Commodities Sourcing Initiative

Website

https://recosi.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

RECOSI is a London-based, not-for-profit membership organisation that develops third-party-assessed ESG programmes and assurance frameworks for coal, natural gas and LNG supply chains, serving large European utilities and infrastructure providers including ENGIE, Vattenfall, Uniper, RWE, Enel and Port of Rotterdam.

Ownership category

akta.pro rank

Product category

ESG Certification and Assurance

NAICS

Business Support Services (5614)

akta.pro primary industry

Supply Chain Sustainability & Responsible Sourcing (SMETA, supplier ESG) (EUAHAJAE)

akta.pro secondary industries

Sustainability & ESG Consulting (BPAHACAK), ESG Governance, Sustainability Reporting & Assurance Advisory (BPAHAFAJ)

Keywords

• ESG assurance frameworks
• Responsible commodity sourcing
• Supply chain due diligence
• Coal industry certification
• Natural gas ESG standards

Headquarters

HQ city

City Of London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership fees: RECOSI operates as a not-for-profit membership organisation. Revenue is generated through membership fees from utilities and infrastructure providers who join to access ESG assessment programmes and collaborate on responsible sourcing solutions.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

RECOSI is a not-for-profit membership organisation that develops sector-specific ESG assessment programmes and assurance frameworks for energy commodity supply chains. Its portfolio includes the Bettercoal Programme for coal producers and the RECOSI Gas Programme for natural gas and LNG, providing members with third-party verified information about suppliers' social and environmental practices to drive continuous improvement in line with international standards.

Product overview

RECOSI operates as a membership organisation offering sector-specific ESG assessment and assurance programmes. The portfolio includes the Bettercoal Programme (an international standard for coal with 144 provisions under 12 ESG principles) and the RECOSI Gas Programme (a new ESG framework for gas and LNG supply chains). The RECOSI Gas Programme comprises two components: the Responsible Sourcing Criteria (corporate-level ESG requirements for gas/LNG sellers) and the Responsible Gas Assets Self-Assessment Questionnaire (site-level ESG assessment for producers). Additionally, the Bettercoal Desktop Assessment Process provides a cost-effective entry point for coal producers. Third-party verification is at the core of all programmes.

Differentiator

Problem solved

Functional benefit

Brands

• Bettercoal Programme: An international ESG standard and assurance framework for coal, launched in 2012, with the Bettercoal Code containing 144 provisions under 12 ESG principles.
• RECOSI Gas Programme

Products and services

• Bettercoal Programme An internationally recognised ESG standard and assurance framework for the coal industry, containing 144 provisions under 12 ESG principles. The programme is independently assured, with assessors building tailored Continual Improvement Plans for coal producers and supplying verified information to members about supplier practices.
• Bettercoal Desktop Assessment Process A cost-effective entry point for coal producers to undergo ESG assessment without a full site visit, providing earlier identification of environmental, social and governance risks and a staged Continuous Improvement Plan verified by a Bettercoal Assessor.
• RECOSI Gas Programme A new ESG framework for responsible gas and LNG supply chains from production to sale, the first of its kind, developed by RECOSI members and shaped by stakeholder expectations and evolving regulatory requirements including CSRD, CSDDD and the EU Methane Regulation.
• Responsible Sourcing Criteria Corporate-level ESG requirements for companies selling natural gas and LNG, covering 12 relevant ESG topics at three progressive development levels (Foundational, Good Practice and Leadership). Focuses on policies that manage ESG supply chain risks and aligns with CSRD, CSDDD and EU Methane Regulation.
• RECOSI Gas Self-Assessment Questionnaire (SAQ) Version 2 A Self-Assessment Questionnaire for natural gas and LNG assets that engages producers and operators on their site-level ESG practices, with globally applicable scoring metrics and alignment to CSRD, CSDDD and EU Methane Regulation.

Quantifiable outcome

• Third-party verification of supplier ESG practices
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• BettercoalcoreStrategic or Co-development Partner · 27 February 2024Bettercoal Programme is operated by RECOSI. Originally launched in 2012, Bettercoal promotes continuous improvement in mining and sourcing of coal through an internationally recognised standard with 144 provisions under 12 ESG principles. RECOSI assumed operation of the Bettercoal Programme as part of its transition from Bettercoal to RECOSI in 2024.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Extractive Industries Transparency Initiative (EITI): Global standard for transparency and accountability in oil, gas, and mining — comparable as an internationally recognised, multi-stakeholder framework applied to energy commodity governance.

Direct peers

• International Council on Mining and Metals (ICMM): Mining-industry membership organisation that sets ESG performance standards and assurance expectations for member companies. Closely comparable to RECOSI's Bettercoal model of member-driven ESG frameworks with continuous improvement.
• Better Cotton Initiative (BCI): Multi-stakeholder membership organisation operating a sustainability standard with assurance and continuous improvement in commodity supply chains. Same operating model as RECOSI's Bettercoal Programme.
• Initiative for Responsible Mining Assurance (IRMA): Multi-stakeholder initiative developing third-party-verified ESG standards for industrial-scale mining. Highly comparable to RECOSI's model of independent assurance against a published standard.
• Roundtable on Responsible Palm Oil (RSPO): Multi-stakeholder, membership-based standards body for a single commodity (palm oil) with third-party certification and tiered compliance levels — directly analogous to RECOSI's structure for coal and gas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/responsible-commodities-sourcing-initiative

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Responsible Commodities Sourcing Initiative (recosi)