PX Précinox SA becomes a member of the Swiss Triple Impact Directory. Its sustainability strategy and commitments to the Sustainable Development Goals (SDGs) are established with concrete measures, for a sustainable and responsible future.
The Swiss Triple Impact Directory is a register of companies and organizations that have completed the STI program and made bold, concrete commitments to the Agenda 2030 Sustainable Development Goals (SDGs). In doing so, they recognize the crucial role the business world has to play in protecting the environment, health and well-being of current and future generations.
Commitment 1
By 2028, we will have sourced 20t of gold from ASM (Artisanal and small-scale mining) sources, compared with 3.5t imported in 2022 and declared to the LBMA (London Bullion Market Association)*.
* ASM sources are mercury-free, making an important contribution to the Minamata agreements.
Core business
Commitment 2
By 2027, we will reduce the carbon impact of our plant by 60% (Scopes 1 & 2) compared to no reduction in 2020, and by 2024, we will commit to the Science Based Targets (SBTi) initiative*.
* By 2024, we will be working with other Swiss refiners to harmonise the calculation of Scope 3 related to the supply of precious metals.
Internal operations
Commitment 3
By 2025, we will set up a foundation under Swiss law and redistribute 80% of the premiums paid to community projects benefiting our precious metal sources*.
* By community projects, we mean projects that promote well-being, climate protection and biodiversity in the regions where our sources of supply are located.
Premiums paid by our customers through the foundation for the purchase of precious metals labelled from artisanal sources that do not use mercury or from recycled gold sources of traceable origin.
Commitment 4
By 2024, we will maintain the HR Bench satisfaction index above 3, compared with 2.7 in 2022*.
* The HR Bench scale assesses an environment conducive to the professional and personal development of employees. A satisfaction index above 3 on the HR Bench scale exceeds the national average for companies operating in the same field of activity (1: very dissatisfied, 2: fairly dissatisfied, 3: fairly satisfied, 4: very satisfied).
Internal operations
Scope of commitments:
PX Précinox SA operates in Switzerland. The commitments made as part of the STI programme apply to the sustainability policy for all activities in Switzerland and in the company’s partner countries. PX Précinox SA is therefore responsible for their implementation within the limits of its area of activity.
Note: By 2023 systematically indicates the end of the year, which means: By the end of 2023 (unless otherwise stated, e.g. fiscal year).
