First Member-Proposed Extension Accepted in Principle — Commodity Risk
Note added 11 October 2026. No Standards Committee was constituted when this review was taken, and none is constituted now. The review was carried out under the bootstrap clause, and its outcome has the standing of an interim resolution, which the Committee may ratify, amend or reverse. The extension originated with the steward, through an advisory role with an implementer. That interest is recorded in the draft interests register, with the steward's recusal from any ratification vote.
The Standards Committee has accepted in principle the first domain extension proposed by a member organisation: commodity risk. The extension adds portfolio-level commodity risk governance to the SIGNET Canonical Data Model — positions, coverage corridors modelled as Agent-layer policy subtypes, price marks, assessments, scenarios, and the hedge proposals that bridge a risk decision back into the core Need → SourcingEvent → Contract process chain, without forking it.
The governance point matters as much as the technical one. This is the first extension put forward by a member, and it was reviewed under the identical process, terms, and bar that apply to any proposer — no preferential path exists for any member, founding or otherwise. The contribution is covered by the Corporate CLA, and the extension will be published CC0, matching the core.
The extension is a Working Draft on the standards track; its schemas, worked example, and conformance rules follow as a separate technical change. You can read the Working Draft spec and the Standards Committee review record in the open repository.
Update: the resubmission passed review, and the extension is now merged as a Working Draft — the required changes were satisfied and the technical artifacts (six schemas, ten codelists, an eleven-file worked example, and six conformance rules run in CI) have landed. See the Standards Committee record of resubmission and merge.