As PTT Bullion, we give strong importance on the principle of responsible sourcing to ensure that metals sourced from ethical and legitimate sources with no association with crime, armed conflict, violence or any human rights abuse. Thus; we are well aware of the significance of control and choice of our suppliers to pursue sustainable business complying with international regulations on combating anti-money laundering and terrorism financing.
Our purpose is to make sure our suppliers and clients respect human rights and avoid contributing to conflict through their precious metals sourcing practices. To do so, we are supporting and enforcing the complete package of the OECD Due Diligence Guidance for Responsible Supply Chains (http://www.oecd.org/corporate/mne/mining.htm) and London Bullion Market Association (“LMBA”) Responsible Gold Guidance (http://www.lbma.org.uk/responsible-sourcing).
In order to minimize its risks and to comply with its principles, PttBullion applies enhanced due diligence to its suppliers and customers in line with ‘know your customer’ principle.
We do not tolerate nor profit from, contribute to or assist in;
Violation of Occupational safety
Child labour/forced labour
Violations of granting of the freedom of association
Violations/restrictions of international humanitarian law
War crimes and crimes against humanity
We do not source from mining counterparts from the Democratic Republic of Congo.
We undertake such measures to upholding our global reputation, but also, and most significantly, because doing so is the right thing to do.