Page 37 - Bullion World Volume 04 Issue 08 August 2023

Bullion World | Volume 3 | Issue 8 | August 2023

Social Initiative
Companies/ Health and Safety Community Stakeholder Human Rights Diversity and
Initiatives Engagement Engagement Inclusion
Rand Refinery Professional help 5000 direct jobs Paid final and
(South Africa) to staff dealing with from locals. interim dividends
death, financial 3.5 million to to shareholders
(Sustainability challenges and upgrade ablution totaling 640 million
report 2021) stress. facilities at six
schools in the
Germiston area
Valcambi SA Injury rate*200,000 Direct taxes paid One-to-One 100% of our Employes 190
(Switzerland) is 2.43 for at federal level interaction with workforce earned people, of which
permanent & 7.08 amounted to 22% Artisanal and Small- more than the 167- permanent & 23-
(Sustainability for temporary of the net profit. Scale legal minimum temporary. 20% are
report 2021) employees. Total labor Mining (ASM) wage. Swiss,
expenses partners & 71% are cross-border
amounted to 27.5% helping them commuters from Italy.
of total turnover. to remain fully
operational.
TANAKA Special paid Selected as the Provided grants of Special training Reemploying retired
(Japan) holidays for Model company 16.6 million yen in program for career persons.
employees whose in promotion of total to 23 precious development for Cross industrial all
(Sustainability spouge gave birth. Sports in Tokyo. metal research any age group. women exchange
report 2022) 100% all round Official partner projects. meeting with
health check for all of Japanese Para participants from
the employees. Sports Association. multiple companies
MMTC PAMP 100% accident-free Clean water & 400+ people trained Zero case of human Double the female
(India) days. Kaushal Vikash over 20+ programs. right violation was employees as
Fortnightly & half program benefitting reported. compared to 2018.
(Sustainability yearly medical 40k+ & 2k+ people
report) checkups. every day.
Governance Initiatives:

Companies/ Ethics and Sustainable Risk Management Transparency and Anti-Corruption and
Initiatives Compliance Sourcing Reporting Anti-Bribery
Rand Refinery Code of Business Due diligence 8134 hours of New RandPure 441 people, almost
(South Africa) Ethics which all is carried out training to 609 provides full chain three-quarters of
members of remotely, associates. of whom
(Sustainability the Board, electronically custody, from gold are skilled individuals,
report 2021) management and and in sit, at the R1.8 million in deposit to final and approximately 170
associates operations of 80 training 37 product. essentials
are required to depositing individuals. contractors.
adhere to. customers.
Valcambi SA 132 members Sourcing from 3 103 employees 100% workforce Zero cases reported of
(Switzerland) were trained on mines in Peru, and received training for received bonuses. anti-corruption across
compliance. 16 small mines and 792 hours. the plants.
(Sustainability Zero tolerance more than 1,000
report 2021) on child & forced traditional artisanal
labour. Gold in Colombia.
TANAKA Quality 600% reduction in 6 reports received Zero reports of anti-
(Japan) Management accidents. on whistle blower corruption across the
System based on hotline. plants.
(Sustainability ISO 9001
report 2022)
MMTC PAMP Regular Monthly Increase in 225% of integrated risk Annual internal Extreme
(India) audit by internal supplier audit. management audit, reviewed stringent anti-money
as well as external system. ISO by senior laundering policies,
(Sustainability compliance team. 31000:2018 management. implemented through
report) guidelines. CMH.
Stay tuned for the next installment of our series, where we will delve into the next stages of the gold supply chain,
exploring responsible practices in Logistics & Storage.

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