MKS PAMP

Carbon Neutral

MKS PAMP has achieved carbon neutrality and is committed to on-going carbon neutrality of the total carbon footprint of its Gold Carbon Neutral Kilobar and Large Cast Bar.

Carbon Trust Assurance has certified that this project has met all of the requirements for using the Carbon Trust Carbon Neutral Label.

Carbon Measured

MKS PAMP has measured and committed to reduce the product carbon footprints of their Silver Grain, Gold Grain, Gold Fortuna, and Gold Bar.

Carbon Trust Assurance has certified that this project has met all the requirements for using the Carbon Trust Carbon Footprint Label.

Science Based Targets

The Science Based Targets initiative has validated that the corporate greenhouse gas emissions reduction target(s) submitted by MKS PAMP have been deemed to be in conformance with the SBTi Criteria and Recommendations (version 4.2).

The SBTi’s Target Validation Team has classified MKS PAMP’s scope 1 and 2 target ambition and has determined that it is in line with a 1.5°C trajectory.

SBA2030

The Swiss Boards for Agenda 2030 (SBA2030) is an alliance of Swiss CEOs and Board Members committing their company to a high level of board accountability to drive sustainability.

MKS PAMP is thrilled to be one of the first signatories of SBA2030.

London Bullion Market Association

Associate Member

The LBMA benchmarks and regulates the acceptable requirements for large gold and silver bars through its regularly updated publication of the London Good Delivery Lists. These standards, recognized throughout the world, ensure that accredited refiners continue to maintain the high standards necessary for listing.

Shanghai Gold Exchange

Member since September 2014

The Shanghai Gold Exchange (SGE) is the main exchange for gold and silver in China. It was founded in 2002 and organized by the PBOC. 
MKS (Switzerland) SA is a full International member of the Shanghai Gold Exchange. 
PAMP products are accredited Good delivery on the SGE.

Shanghai Gold Exchange Benchmark Price

Reference Price Member since April 2016

On April 19th 2016, a year and half after its birth in September 2014, Shanghai Gold Exchange (SGE) introduced the first yuan-denominated gold benchmark price in the world. MKS (Switzerland) SA took part in the benchmark as reference price member. SGE announced the list of 12 Fixing Members and 6 Reference Price Members along with 18 international consultants.

Association Romande des Intermédiaires Financiers

Member

On December 24th 1999, the Federal Authority with regards to money laundering granted the Association Romande des Intermédiaires Financiers (ARIF) recognition as a self-regulatory body (hereinafter OAR).

Founded in Geneva on March 15th 1999 on the initiative of a group of professionals in finance, ARIF is a non-profit-making association, its purpose to assist in the prevention of, and fight against, money laundering and to acquaint its members with, and apply, the Federal Act on Combating Money Laundering and Terrorist Financing in the Financial Sector of October 10th 1997. (Loi Fédérale concernant la lutte contre le blanchiment d’argent dans le secteur financier – hereinafter the “LBA”).

Swiss Trading and Shipping Association

Member

The Swiss Trading and Shipping Association (STSA) is the leading professional association for the trading and shipping of commodities in Switzerland. The Association contributes to the promotion of Switzerland as a center of worldwide know-how in the domain of international trade, and shipping and their financing. Therefore, STSA offers its members a unique platform, on which commodity trading companies can cooperate with their partners along the logistic chain.

CME Group - gold, silver, platinum and palladium

CME Group represents the merger of the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), its commodity exchange division, and the Commodity Exchange, Inc. (COMEX). 

PAMP products are deliverable on the CME for Gold, Silver, Platinum and Palladium.

ASFCMP (Swiss precious metal industry association)

Member

The ASFCMP is the Swiss precious metal industry association. Today, the private non-profit organisation has 15 members who are all involved in dealing in and processing precious metals. The purpose of the association is to contribute towards further development of the Swiss precious metal industry and to promote its members’ interests with regard to the general public, politics, and national, as well as international, regulatory authorities.

LBMA Approved Referee

17th December 2003

PAMP has been appointed as an Approved Referee to the London Good Delivery system administered by the LBMA with effect from the 17th December 2003. PAMP is one of only three refineries worldwide designated as ‘Referee’ by both the LBMA and the LPPM.

LBMA Responsible Gold & Silver Certificates

LBMA has set up a Responsible Gold & Silver Guidance for Good Delivery Refiners in order to combat systematic or widespread abuses of human rights, to avoid contributing to conflict, to comply with high standards of anti-money laundering and combating terrorist financing practice. This Guidance formalises and consolidates existing high standards of due diligence amongst all LBMA Good Delivery Refiners. 

This Guidance follows the five steps framework for risk-based due diligence of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas adopted on 15 December 2010 and follows the requirements detailed in the OECD Gold Supplement adopted on 17 July 2012. The best way for Refiners to operationalise this Guidance is via the LBMA Best Practice Toolkit.

London Platinum and Palladium Market

Member since January 2007 for Platinum & Palladium

The LPPM is the most important over-the-counter trading center for platinum and palladium. 
PAMP is one of only three refineries worldwide designated as ‘Referee’ by both the LBMA and the LPPM.

Quality Management System

Certified since March 2008

The ISO 9001:2015 standard provides a framework of globally recognized principles for a quality management system. MKS PAMP is the only refinery in Switzerland to simultaneously hold ISO 9001, ISO 14001, ISO 17025, ISO 45001 and SA 8000 accreditations.

Social Accountability

Certified from June 2014 to October 2023*

The SA8000 Standard is one of the world’s first auditable social certification standards for decent workplaces, It is based on the UN Declaration of Human Rights, conventions of the ILO, UN and national law. It takes a management systems approach by setting out the structures and procedures that companies must adopt in order to ensure that compliance with the standard is continuously reviewed. Those seeking to comply with SA8000 have adopted policies and procedures that protect the basic human rights of workers. Until October 2023, MKS PAMP, alongside its sister company MMTC-PAMP, stood distinguished as the sole refineries globally to attain SA8000 accreditation. 
 

*Due to practical difficulties in accessing to regular SA8000 audits in Switzerland, MKS PAMP is currently assessing alternative standards that align with its steadfast commitment to social accountability and the welfare of its employees. Our commitment to upholding the highest ethical and social standards remains unwavering as we navigate this transition.

Health and Safety Management System

Certified since July 2009

The ISO 45001:2018 standard provides a framework of globally recognized principles for an occupational health and safety management system.
MKS PAMP is the only refinery in Switzerland to simultaneously hold ISO 9001, ISO 14001, ISO 17025, ISO 45001 and SA 8000 accreditations.

Environmental Management System

Certified since July 2009

The ISO 14001:2015 standard provides a framework of globally recognized principles for an Environmental management system. 
MKS PAMP is the only refinery in Switzerland to simultaneously hold ISO 9001, ISO 14001, ISO 17025, ISO 45001 and SA 8000 accreditations.

Self-declared environmental claims related to the recycled content

Certified since December 2019

The ISO 14021:2016 specifies requirements for self-declared environmental claims, including statements, symbols and graphics, regarding products. It further describes selected terms commonly used in environmental claims and gives qualifications for their use. This International Standard also describes a general evaluation and verification methodology for self-declared environmental claims and specific evaluation and verification methods for the selected claims in this International Standard.

General requirements for the competence of testing and calibration laboratories

Certified since June 2005

ISO/IEC 17025:2005 specifies the general requirements for the competence to carry out tests and/or calibrations, including sampling. It covers testing and calibration performed using standard methods, non-standard methods, and laboratory-developed methods.

Shanghai Gold Exchange

Member since July 2014

The Shanghai Gold Exchange (SGE) is the main exchange for gold and silver in China. It was founded in 2002 and organized by the PBOC.
PAMP products are accredited Good delivery on the SGE.

Tokyo Commodity Exchange

The TOCOM is the japanese commodity market exchange, it operates since 1951. 

PAMP products are accredited Good delivery on the TOCOM for Gold, Silver, Platinum and Palladium.

CME Group - gold, silver, platinum and palladium

CME Group represents the merger of the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), the New York Mercantile Exchange (NYMEX), its commodity exchange division, and the Commodity Exchange, Inc. (COMEX). 

PAMP products are deliverable on the CME for Gold, Silver, Platinum and Palladium.

Responsible Jewelry Council CoC

Chain-of-Custody certified since March 2015

PAMP complies with the voluntary certification standards set by the RJC to ensure responsible practices throughout the production chain, with a particular focus on business ethics, human rights, and social and environmental performance.

ASFCMP (Swiss precious metal industry association)

The ASFCMP is the Swiss precious metal industry association. Today, the private non-profit organisation has 15 members who are all involved in dealing in and processing precious metals. The purpose of the association is to contribute towards further development of the Swiss precious metal industry and to promote its members’ interests with regard to the general public, politics, and national, as well as international, regulatory authorities.