SAX’s ethical and sustainable gold platform will meet the demand from jewellers, luxury brands and investors, anxious to ensure the raw materials they use or invest in are not from conflict zones in an industry where jewellery alone accounted for 56% in 2016, at US$310 Billion.
SAX will adhere to the Organisation for Economic Cooperation and Development’s due diligence pointers for accountable sourcing of gold
SAX Ethically sourced Gold will be supplied initially by mines in Colombia, Peru, Chile and Ecuador and refined in Monaco under the strictest ethical and sustainable controls harnessing the power of blockchain and SAP technology.
We place special focus on building positive relations with our internal and external stakeholders, and we are committed to working inside a transparent and responsible production chain, evident by utilisation of the blockchain. In doing so, we try to make a contribution to the economic growth of the areas we operate in and endeavour to minimise our environmental impact.
SAX has established its own corporate responsibility charter which is compliant with the procedures established by the OECD (Organization for Economic Co-operation and Development) in respect of the due diligence process applied to our supply chains, which are exempt from any links to conflict, trafficking, environmental and human rights abuses.
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