AURUM PARTNERS is fully committed to providing high quality services whilst meeting the highest ethical and moral standards with respect to responsible sourcing. We are fully committed to following appropriate standards for human rights, labor standards, environmental impact, and business ethics to attain a responsible supply chain.
AURUM PARTNERS understand that Gold and Platinum Group Metals (Platinum, Palladium and Rhodium) can carry a risk of significant adverse impact, which may be associated with extraction, trading, handling, and exporting minerals from conflict-affected and high-risk areas. We recognize that we carry the responsibility to respect human rights and not to contribute to conflict. We commit to adopt, widely disseminate and incorporate in contracts and/or agreements with our clients a policy on responsible sourcing of minerals from conflict-affected and high-risk areas, representing a common reference for conflict-sensitive sourcing practice and suppliers’ risk awareness from the point of extraction until end user. We commit to refraining from any action which contributes to the financing of conflict and we commit to comply with relevant United Nation sanction resolutions or, where applicable, domestic laws implementing such resolutions.
We strongly recommend our suppliers to operate in accordance with the OECD, RJC CC Standard for Precious Metals Supply Chain, the LBMA Responsible Gold Guidance and Dubai Multi Commodities Centre (DMCC) Rules for Risk Based Due Diligence in the Gold and Precious Metals Supply Chain. DMCC is the licensing authority for Jumeirah Lakes Towers, one of the largest mixed use free zone developments in Dubai. DMCC has developed a number of internationally-recognised responsible sourcing initiatives and protocols, including the Dubai Good Delivery (DGD) standard, an international benchmark for quality and technical specification for the production of gold and silver and the DMCC Practical Guidance, a 5-step risk management framework reference manual that has been developed in consultation with the OECD and global market participants.