Page 33 - Bullion World Volume 3 Issue 12 December 2023

Bullion World | Volume 3 | Issue 12 | December 2023

Governance Initiatives:

Companies/ Ethics and Board Oversight Risk Management Transparency and Anti-Corruption and
Initiatives Compliance Reporting Anti-Bribery
BRINKS Global 24*7 anonymous Target of 50% Customized 100% Any gifts above $50
ethics hotline. women by 2026. Unique Code of transparency in must be reported
(North America, Conducts for every reporting. to the supervisor &
Europe, Latin 44 Pages of Code of segment based on must be approved by
America, Asia) Ethics mandatory diff all countries. 30 language ethics compliance
to be followed by hotline service group.
all. available 24*7.

LOOMIS Zero tolerance 3 out of 7 BOD are Annual training Country A long-term AML/
TERNATIONAL for unethical women. for all. Presidents are CTF and Sanctions
(North America, behaviour. fully responsible Transformation
Europe, Latin More than 250 for identifying and Program that strives
America, Asia) More than 60% of employees work reporting tax risks for international
employees trained under Risk within their area best practices in the
on Code of ethics. management of responsibility. industry.
. department.

SEQUEL No child & forced Equal rights Strict Anti-Sexual No gifting policy. Anti-Money
GLOBAL labor at any level. given to all. Harassment Policy Laundering (AML)
Freedom of Policy with the help
(Asia) Association of 100% KYC of all
and Collective the stakeholders.
Bargaining

TRANSGUARD 33% female 1,725 employees Comprehensive Strict Anti-money
GROUP 3.5 million training representation in trained on Lean Six and well- laundering system.
hours at CoE since senior Leadership Sigma. established
(Middle East) 2017. Team (Directors escalation process
and above) for all near misses
and
accidents

*All the analysis are done based on the sustainability report 2023 of the above companies.
The comparison is with the last year.*

As we draw the curtain on this series unraveling the tapestry of sustainability in the gold industry, we stand
at the intersection of achievement and aspiration. From the heart of mining operations to the precision of
refining and the intricacies of logistics, we've glimpsed into a sector in transformation. It's a call to action,
resonating beyond the glitter of gold, urging industry leaders to look at these practices not as obligations but
as opportunities for innovation and positive impact.

The journey towards a sustainable gold industry is ongoing, marked by the collaborative efforts of miners,
refiners, and logistics experts. Let this not be the end but a beginning—an inspiration for leaders to forge
ahead, embracing sustainability as a compass guiding their industry into a future where gold's brilliance
extends not just in its luster but in the responsible practices that define its journey. Thank you.

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