Responsibility
Responsibility
Responsible Sourcing
OECD Guidance
MTS Gold has undergone a voluntary audit for its compliance with OECD, which issued a Due Diligence Guidance on Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. The guide provides detailed recommendations to help companies respect human rights and avoid contributing to conflict through their mineral purchasing decisions and practices.
Responsible Jewellery Council
Our refinery is a Certified Member of the Responsible Jewellery Council (RJC) and therefore complies with the RJC Code of Practices, a procedure that requires them to undergo an independent audit.
The RJC is a not-for-profit, standards setting and certification organization that spans the jewelry supply chain from mine to retail. The Code of Practices addresses human rights, labor rights, environmental impact, mining practices and product disclosure.
ISO 9001:2015
To ensure all rounded 360° quality of our precious metals, MTS refinery strictly follows the Quality Management Implementation Guide. The ISO 9001 is one of the most widely adopted International Standards in the world. With over 1 million certificates issued worldwide, it spans all sectors of commerce and industry. These standards themselves had been influenced by Government and military procurement standards which had become necessary to ensure the quality of products and services purchased and distributed.
ISO 14001:2015
At MTS Gold Group, we are highly concerned about the environmental impact and are aware of the problems that are growing in most countries. We incorporate best practices and demonstrate compliance with environmental requirements according to ISO 14001:2015 Environmental Management System Guidance.
It helps an organization achieve the intended outcomes of its environmental management system, which provide value for the environment, the organization itself and interested parties. Consistent with the organization’s environmental policy, the intended outcomes of an environmental management system include:
- Enhancement of environmental performance
- Fulfillment of compliance obligations
- Achievement of environmental objectives
Anti-Money Laundering
An overview of our AML and CFT, this include; Customer Acceptance, Risk Management System and KYC/CDD (Know Your Customer/Customer Due Diligence Process). Efficiently observed by all employees and applied to Group companies.
Customer Acceptance
MTS Gold Group had defined establishment of a business relationship or temporarily restriction/ suspension of services, termination of services or other types of actions with the customers and relevant persons both inside and outside the country; in case where a customer is found or where the know-your client/ customer due diligence process can be materially performed by the Company to prevent involving as tool or intermediate to money laundering or combating the financing of terrorism.
Risk Management System
We had in place written policies and procedures concerning risk management and be consistent with AML/CFT international standards to prevent or reduce risk from the use of the Company as intermediate in money laundering and financing of terrorism.
Conducted the KYC/CDD process, classifying and applying the scope and intensity of the procedures for each client in accordance with the client’s level of risk associated with money laundering(risk-sensitive basis).
Provided appropriate and enhanced KYC/CDD at high risk with frequency reviewing client’s existing records, especially on the high level of client’s risk. If it is found that, the Company must review the suspension of services or report suspicious transactions if required to establish a business relationship.
Know Your Customer
The company had conducted the KYC/CDD process throughout the course of the relationship with clients (on-going KYC/CDD), established a review process to ensure that the client’s records previously obtained remain accurate, complete, and up-to-date, conducted the system and procedures of a report on suspicious transactions efficiently.
Maintain review the risk management and the KYC/CDD until the account is closed including record such documents as specified by law.
Sustainability
Gold production is a major economic driver for Thailand. Well-managed, accountable, transparent, resource extraction is a major contributor to growth in creation of employment and business opportunities for local people. We recognise that the financial market and policy landscapes are changing rapidly in response to the urgent need to define plans and escalate actions to moderate climate impacts.
We are therefore committed to further developing our knowledge and capacity to contribute to greater resilience and risk reduction in the face of climate change.
Corporate
Our purpose influences our efforts, whether it’s maximizing shareholder value or engaging employees by giving them a sense of purpose in their job and having a beneficial influence on the world. At MTSRM, supply chain transparency enables us to have greater supervision of our clients and suppliers and to establish objectives for how we can generate greater value. We partner with companies that prioritize CSR efforts and support our CSR objectives.
Social
MTSRM endorses the necessity of providing opportunity and work for economically disadvantaged youths. By conducting an MOU with The Golden Jubilee Royal Goldsmith College and developing potential students in the vocational education system of the gold jewelry where they adhere to goldsmith skill for the next generation.
Responsibility
MTSRM’s Responsible Precious Metals Group Policy clearly articulates our commitment to an ethical and responsible supply chain in order to guarantee that no precious metals in the supply chain are damaged by conflict or human rights violations. We start international and industry-wide projects and work closely with both profit and non-organizations to establish the most stringent industry-wide standards of conduct.
Policy Document
Document of Supply Chain Responsibility Policy