What does sustainability mean to platinum producers

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What does sustainability mean to platinum producers

Corporate  Social Responsibility (CSR)  is a broad-based movement that encourages companies to take responsibly for the impact of their activities on employees, local communities, and the environment.

The platinum producers funding Platinum Guild International are committed to CSR and agree to follow the letter and spirit of the law, abide by international ethical, social, and environmental standards throughout all their operations, and are audited against their progress.

ENVIRONMENTAL

The platinum producers commit to offsetting their environmental impact by:

  • • Rehabilitation of mine sites, land management, and mine closure plans
  • • Infrastructure development to assist local authorities with providing energy and access to water to surrounding areas
  • • Supporting biodiversity initiatives
  • • Optimizing energy and water usage
  • • Prevention of water pollution
  • • Improving energy efficiencies
  • • Reducing waste to landfill sites
  • • Reducing greenhouse gas emissions
  • • Lessening S02 (sulfur dioxide) pollution
  • • Dust management

SOCIAL

The platinum producers commit to a variety of good labor practices and human rights principles, such as:

  • • Creating job opportunities
  • • Improving employee health and safety
  • • Supporting local communities’ health and wellness initiatives
  • • Providing employee training, education and skills development
  • • Respecting collective bargaining and productive labor-management relations
  • • Avoid child labor, forced labor, and abusive security practices
  • • Respecting the rights of indigenous people
  • • Respecting human rights in all jurisdictions
  • • Encouraging local economic development
  • • Creating procurement opportunities
  • • Improving housing and living conditions
  • • Maintaining good relations with local communities

GOVERNANCE

The platinum producers commit to a variety of governance and economic practices such as:

  • • Obeying all laws and regulations
  • • Encouraging local economic development
  • • Paying all royalties and taxes
  • • Supporting infrastructure development and housing
  • • Not participating in illegal or corrupt practices, including extortion and bribery
  • • Engaging with stakeholders in their businesses to learn their points of view