Page 33 - Bullion World Volume 3 Issue 10 October 2023

Bullion World | Volume 3 | Issue 10 | October 2023

MMTC-PAMP: Pioneering a Sustainable

and Responsible Transformation in

the Global Value Chain

While shouldering the responsibility of 50001:2018 Energy Management We also understand our responsibility
being India’s only LBMA-accredited Systems guidelines and more. In the towards the society and community.
gold and silver good delivery refiner, process, 30 percent of our power Towards this, MMTC-PAMP is
we at MMTC-PAMP are focused requirements, to the tune of 705 supporting the education of students
on ESG as a guiding principle for Kwp, are fulfilled by renewable energy from the Mewat region and assisting
running our business. We also work and we are on track to increase this them in preparation for competitive
actively to ensure that our customers further. We also save over 600 tonnes exams. We also conduct camps on
get the purest and best quality gold. of CO2 emissions every year, thereby menstrual hygiene for adolescent
Our investments across our value protecting the environment. girls and raise health awareness
chain to ensure transparency for our in government-run schools in this
customers stand testimony of this. Water conservation is an important region. As the nation and the world
focus area for MMTC-PAMP. battled the COVID-19 pandemic, we
We comply with Responsible Gold Recycling of demineralised water ensured our community received the
Guidelines (RGG) and our year-on- of lacquer (minting) as RO water utmost care and support during this
year seamless audit and accreditation in the refinery has helped us save trying time where support in terms of
with LBMA ensures that we not only 83 KL of water per month since oxygen concentrators, ambulances
maintain the highest standards of implementation in November 2021. and medical kits were provided to the
compliance across our value chain. regional hospitals.
Additionally, reusing distillate water
Our focus on ESG has seen us from the concentrator in the refinery MMTC-PAMP continues to move
source from recycled precious metals as RO water has been saving 70 KL its business forward while setting
supply chains, adopt Science-Based water per month since July 2021. We industry benchmarks of ESG,
Targets initiative (SBTi) for reducing have also revamped our effluent and customer centricity and transparency.
emissions across the company, utilize sewage treatment plant capacity and We are proud of the journey traversed
solar energy by installing state-of- enhanced water discharge quality to so far and are enthused by the
the art monocrystalline solar panels, reuse it in our production processes, opportunity presented to deliver the
reduce greenhouse gas emissions saving 300 KL per month since May impact we are capable of.
(GHG) while adhering to ISO 2022.

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