Page 32 - Bullion World Volume 04 Issue 08 August 2023

Bullion World | Volume 3 | Issue 8 | August 2023

Highlights of APPMC 2023: ESG Initiatives in

Precious Metals Sector

Chair: Ms Hannah Brandstaetter, ESG Programme Director, WGC
Panellists: Mr Wayne Gordon, UBS AG, Mr Jonathan Jodry, Metalor Technologies
Mr Robin Wang, Zijin (Singapore) International Mining Pte. Ltd.

Some important Gold Industry
Declaration of Responsibility and
Sustainability Principles are as
follows:-
1. Aligning the gold industry
with the relevant responsible
sourcing standards.
2. Supporting the advancement
of the UN Sustainable
Development Goals (SDGs)
by working with partners in
government, industry, and civil
society.
Ms Hannah Brandstaetter 3. Respecting human rights Mr Wayne Gordon
4. Promoting diversity, equity, and
Ms Hannah Brandstaetter from inclusion in our organisations Mr Wayne Gordon, UBS AG
the WGC kicked off this session by and across the industry. The main agenda around gold is
explaining what ESG actually is by 5. Considering the impact of that the demand is much higher
stating that it involves the company’s the gold industry’s activities than the supply. Particularly from
integrity and sustainability regime on Indigenous Peoples and the regulatory side the burden of
followed. The economic, social, and other potentially vulnerable higher demand is increasing, UBS
governance practices followed by populations. recommend their clients to hold
the firm can be considered the holy gold as a part of their portfolio.
grail for the future of the company. From the portfolio perspective the
demand has been increasing in a

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