This is a very important move for LEED - expanding the scope of attention on extraction from the previous focus only on wood to other biobased and mined materials as well. Kudos for moving the discussion

The credit is a good start but does need some significant work yet. Currently it gives equal credit to
1) Simple manufacturer statements of commitment to general principles,
2) Commitments to somewhat more detailed consensus principles (i.e., the Framework for Responsible Mining)
3) Rigorous independent third party audited leadership standard programs (FSC and the Sustainable Agriculture Network’s Sustainable Agriculture Standard)
At this stage with development and implementation of standards robust in the wood industry and just beginning elsewhere, multiple pathways are relevant to incentivizing forward progress. But materials that are part of a program like FSC must be weighted much more heavily than those that are only covered by declarations of support for principles. A weighting system along the lines of that suggested in the analysis document that Jason links to above (http://www.fscus.org/images/documents/LEED2012_Analysis.pdf) is critical to insuring that this credit encourages continuous improvement and the development of rigorous sourcing standards and certification programs, not just commitments to principles.