There are many international measures and standards that expert ethical, social, and environmental auditors use to determine if the platinum producers are meeting their sustainability commitments. Each platinum producer is independently audited against a variety of these measures and standards. See the platinum producers’ names and icons at the end of this section for more detail.
Here are a few of the platinum producers’ most widely used measures and standards.
THE TEN PRINCIPLES OF THE UNITED NATIONS GLOBAL COMPACT
The platinum producers are guided from the top by the Ten Principles of the United Nations Global Compact, the world’s largest corporate sustainability initiative, which has issued a call to action to businesses to align strategies and operations with universal principles on human rights, labor, environment and anti-corruption, and take actions that advance societal goals.
See the Ten Principles here.
By committing to these principles, the platinum producers join companies around the world in taking shared responsibility for achieving a better world.
UNITED NATIONS SUSTAINABLE DEVELOPMENT GOALS
Along with the Ten Principles of the United Nations Global Compact, the platinum producers are also acting to advance broader societal goals, such as the UN Sustainable Development Goals, which all 193 member countries of the United Nations adopted in 2015. It’s a plan for achieving a better future for all – laying out a path towards 2030 to end extreme poverty, fight inequality and injustice, and protect our planet.
The UN’s governments have asked businesses, civil society, and everyday citizens to get involved, and the platinum producers understand that they have a very important role in the process. From climate, water and food crises, to poverty, conflict and inequality – these companies are transforming their business models and systems to meet these challenges.
See the UN Sustainable Development Goals here.
GLOBAL REPORTING INITIATIVE
Many of the platinum producers have also made commitments to other public and private global initiatives, which create standards and monitoring systems in the corporate social responsibility field.
The Global Reporting Initiative’s Sustainability Reporting Standards is one of the most broadly used systems. The GRI Standards create a common language and benchmarks that auditors can use to measure the effectiveness of the platinum producers’ ethical, social, and environmental actions.
See the GRI standards here.
See the GRI Mining and Metals sector here.
