Italpreziosi adopts a long-term sustainable strategy for a more ethical and responsible precious metals supply chain. The holistic approach considers each objective in its complexity, integrating impact analysis, and commitment towards a common benefit.
As a Benefit Corporation, Italpreziosi is committed to pursuing purposes of common benefit in a responsible and transparent way, balancing the interests of the members with that of the community.
Reduce environmental impact and promote research and development in industrial activity.
Improve sustainability along the supply chain through social and environmental collaborations, and initiatives.
Create a more sustainable and responsible supply chain, adhering to national and international standards.
Promote social and environmental responsibility through education and awareness-raising.
Integrate the Sustainable Development Goals of the UN 2030 Agenda into company activities.
Promote the well-being of employees, collaborators, customers, suppliers, and the local community.
The B Corp™ certification is considered one of the main benchmarks in the analysis of corporate ESG performance. This assessment serves to determine whether a company meets the high standards required, demonstrating a genuine commitment to sustainability and corporate social responsibility.
Italpreziosi has been certified with a score of 81.3
At Italpreziosi, employees’ well-being and engagement are considered crucial for the success of the company. Italpreziosi is committed to creating a positive and collaborative environment that promotes individual and collective well-being, while contributing to the development and prosperity of the local community.
Digital bulletin board, corporate welfare plan, counseling service, health and safety training, upskilling and reskilling training.
Italpreziosi is committed to guaranteeing access to quality education, and believes that sustainable growth cannot be achieved without a competent and continually growing team. The company also supports educational and social initiatives, promoting collective well-being and social progress.
Internal and supply chain training, monthly newsletter.
Italpreziosi has always tried to create equal opportunities and give relevance to the role of women, starting with its team and also at the supply chain level. Furthermore, the company actively supports community initiatives and promotes inclusiveness through projects that support empowerment and gender equality.
Training and awareness, E&I policy, gender-responsive due diligence, HR management policy, UNI/PdR 125:2022 certification.
The E&I policy is the fundamental pillar for promoting an inclusive, fair and respectful work environment, in line with the principles of non-discrimination and gender equality. This guide guides the implementation and improvement of company processes, ensuring equal opportunities in all phases of the employee life cycle, from selection to training and professional growth.
In 2024, 24.32% of human resources in the supply chain are represented by women, with 24.47% of them with leadership positions.
Ivana Ciabatti, CEO and President of the Board of Directors, is a Member of Women in Mining UK
Signatory of the Women’s Empowerment Principles (WEPs), and the Joint Statement by Women’s Rights and Mining and OECD on creating gender responsive due diligence
Support to Women for Women Against Violence – Camomilla Award, He for She
Network Women in Platinum Group Metals (WiPGM)
Participation at industry events, discussions and round tables such as the “Equity for all” seminar CIBJO & WJI 2030, the “Forward faster: why collective action matters” seminar by CIBJO & WJI 2030, and the participation at the LBMA Podcast “Empowering Women in Metals: Insights and Inspirations on International Women’s Day”
In 2024: 39% women in the company’s workforce (2 percentage point increase compared to 2023)
Italpreziosi is committed to promote decent work and sustainable economic growth, ensuring fair and decent employment opportunities, stimulating innovation, and promoting inclusive and sustainable economic growth for all.
Active participation in multi-stakeholder projects and in round tables, forums, and panels with industry associations and organizations.
Italpreziosi is strongly committed to promoting responsible consumption and production, reducing its waste and the impact on ecosystems.
Energy efficiency strategies, monitoring and evaluation of harmful substances and emissions, positive nature approach.
Italpreziosi is actively committed to making climate change a priority, promoting awareness, and responsible actions.
Emissions reporting and reduction strategies, ISO 14064 certification, transparency and traceability, investments in R&D.
Italpreziosi is actively committed to promoting peaceful, fair, and inclusive societies, supporting associations and institutions that work to promote justice for all, respect human rights, and the rule of law.
Italpreziosi recognizes the importance of partnerships and collaborates with governments, the private sector, and civil society to develop coherent policies that promote sustainable development at a global level, thus contributing to building a more equitable and inclusive future for all.
Italpreziosi is committed to ensuring transparency and traceability along the precious metals’ supply chain. In addition to complying with key international and national regulations, Italpreziosi adheres to voluntary standards, as demonstrated by its certifications.
Code of Practice (CoP) and Chain of Custody (CoC) of the Responsible Jewellery Council (RJC)
Responsible Guidances for Precious Metals (Gold – RGG, Silver – RSG) of London Bullion Market Association (LBMA)
Responsible Minerals Initiative (RMI) standards for due diligence
OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas
The World Gold Council “Conflict-free Gold Standard”
CRAFT Code of the Alliance for Responsible Mining (ARM)
Fairmined Standard for Gold from Artisanal and Small-scale Mining
The rigorous internal due diligence procedures ensure continuous control of the precious metals’ supply chain. In addition, Italpreziosi has adopted an integrated precious metals tracking system and proactive risk management.
Italpreziosi monitors its potential risks through:
A system that combines qualitative and quantitative information which evaluates safety, corruption, anti-money laundering, political stability, human rights, environmental impact, biodiversity, and protected areas.
Which includes links to the main government authorities, land registers and mining agencies, national and environmental laws, the country’s commitments to the mining sector, membership of the Minamata Convention, and the list of world heritage sites.
Such as World-Check by Refinitiv, Dun & Bradstreet, and Telemaco.
Evolves from the traditional KYC by including an active and collaborative engagement approach with counterparties. This aims to foster the adoption of environmental sustainability and social responsibility practices at every stage of the value chain.
Through these procedures also sustainability practices are promoted, supporting the various collaborators in the value chain in the achievement of ESG (environmental, social, and governance) objectives.
Italpreziosi created the portal Chain of Information to train and raise awareness of counterparties on due diligence and sustainability. Additionally, it actively works with clients to improve quality and sustainable practices, integrating an ISO 9001:2015 management system to ensure excellence in business operations.
In Italpreziosi the collaboration with all parts of the value chain is essential for building a more responsible and transparent supply chain.
In 2019 Italpreziosi joined the Programme Advisory Group (PAG) by PlanetGOLD…
Salmon Gold is an innovative project launched in 2018 by RESOLVE…
Italpreziosi believes that a responsible supply chain can be created and strengthened only through collaboration…
In 2019 Italpreziosi joined the Programme Advisory Group (PAG) by PlanetGOLD, an initiative involving the United Nations, NGOs, companies, and public authorities aimed at improving production practices and working conditions in artisanal and small-scale gold mining (ASM) in many countries around the world.
The program aims to demonstrate a path to responsible and more sustainable gold mining practices, benefiting everyone from mines to markets. The main initiative’s goal is to eliminate mercury from the ASM gold supply chain, supporting the Minamata Convention.
Salmon Gold is an innovative project launched in 2018 by RESOLVE,non-profit, non-governmental organization that addresses complex social, health, and environmental challenges through strategic partnerships. The initiative promotes responsible gold sourcing linked to environmental regeneration, ensuring complete traceability of each lot to its origin.
The project focuses on reactivating historic mining sites in North America, where past activities have compromised natural habitats, particularly those of migratory fish species such as salmon. Through practices of re-mining, Salmon Gold:
In 2024, Salmon Gold began a collaboration with Italpreziosi for refining gold from these mining sites. The gold refined by Italpreziosi will be used by Mejuri to create the Salmon Gold Capsule Collection, a dedicated jewellery line. The project is expected to reach full operation in 2025, further strengthening Italpreziosi’s commitment to sustainability projects in the supply chain.
Italpreziosi believes that a responsible supply chain can be created and strengthened only through collaboration and training. For this reason, in 2019 it created a portal dedicated to and accessible for all company’s collaborators and stakeholders which provides materials and tools useful for the implementation of due diligence practices and responsible policies.
In the Chain of information portal, there can be found materials on:
Each content is designed to offer concrete support and promote continuous growth. Even those who are not yet in line with Italpreziosi requirements are invited to consult the portal. This aims to promote greater awareness of current regulations and advanced industry standards, improving the supply chain and facilitating access to training. The training’s objective is to provide opportunities for constant and progressive growth, fostering a culture of continuous development.
Italpreziosi invests every day in the creation of an increasingly responsible and collaborative supply chain.
Training is the first step to transform!
Italpreziosi S.P.A – Strada A, 32 Loc. San Zeno – 52100 Arezzo (AR) – Reg. Imp/Cod. Fisc./P.IVA 01111420517
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