Published

20 Oct 2022

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Ethical business
Corporate

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Gold industry commits to Declaration of Responsibility and Sustainability Principles

As a member of the World Gold Council (WGC), we are delighted to join key gold industry stakeholders, including the LBMA and the WGC, in signing the Gold Industry Declaration of Responsibility and Sustainability Principles.

The declaration, which was announced at the LBMA/LPPM Global Precious Metals Conference in Lisbon on 18 October 2022, unites the whole industry in its approach to operate in a responsible and sustainable way, from mine to market, and sets out the ten key sustainability principles that guide that commitment, including responsible sourcing, Human Rights, the UN Sustainable Development Goals (SDGs), and climate change.

This marks a significant step towards aligning the global gold industry across the value chain in its ESG commitments and actions. The declaration shows a collective understanding of the need to address environmental and social concerns and actions required to meet public expectations and consumer demands.

With the Gold Industry Declaration of Responsibility and Sustainability Principles in place, gold consumers can be assured that there is a joint effort from the signatories to ensure that the gold they receive has been sourced responsibly.