GOLD PRICE (USD/oz): 1778.5 -0.23%

Sustainability

RESPONSIBLY SOURCED GOLD

What does Responsibly Sourced Gold mean?

In today’s day and age, more and more of us want to know where things we buy actually come from – and the same is true in the gold sector.

We saw the need for more transparency in the diamond sector and now the standards are being raised in gold supply chains. 

Companies and industries across the world are responding to this increased awareness by becoming more responsible and ethical with their material sourcing – it’s an exciting, positive change.

Sustainable practices are part of Moneghetti’s DNA. We are purpose-driven and proud of it. 

We are fully committed to ongoing responsible, ethical, social and environmental practices, which respect human rights throughout the precious metals value chain, from exploration to mine to retail.

Our commitment focuses on six core areas reflected by our Responsibly Sourced Gold initiative, which is revisited and expanded on daily.

 

Our current initiatives include:

SUSTAINABILITY

Working towards the UN 17 Sustainable Development Goal (SDGs), addressing global challenges we face, relating to poverty, inequality, climate change, environmental degradation, peace and justice.

CLEAN MINING

We are continually investigating the use of non-toxic methods for gold production and intend to use environmentally sensitive products that have been developed and are in trial use in Australia.

STRONG GOVERNANCE

Our board and management team are establishing exemplary governance systems to promote investor confidence. Our Chair is a governance professional setting high standards and firmly establishing a culture that respects this core value.

COMMUNITY ENGAGEMENT

We are establishing a Workplace Giving Program, starting with voluntary donations from Directors’ fees, giving us the ability to financially support communities in which we operate to make a positive difference.

UPHOLDING HUMAN RIGHTS

Safety, respect, gender equality, inclusion, ethics and integrity are held to the utmost importance in all our business practices and decisions.

RESPECT FOR THE ENVIRONMENT

We continuously work to minimise our impact on the environment. We are closely watching Barrick’s permitting of a 100MW solar power farm in Nevada for cleaner operations and their use of renewable energy sources. We believe education and early adoption of sustainable gold mining methods will serve Moneghetti and its shareholders well in the future by placing us on the front foot.

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