Refimet was born with the aim of doing business based on the concept of circular economy, in order to reduce the environmental impact as much as possible and transform waste into pure metals, giving them new life. In doing this, the traceability of raw materials and responsible sourcing are the fundamental principles at the root of our business.
In fact, we observe all the main international regulations on compliance, adhering to the responsible procurement practices indicated by the OECD and the Dodd-Frank Act. Through our compliance office, we verify that all our suppliers comply with international directives and our certifications, tracing every movement of metal in order to guarantee our customers the responsible origin of the metals. Refimet observes all the Bank of Italy regulations on anti-money laundering to continue to operate in a safe, efficient and transparent way.
Creating safe workplaces for all employees is our top priority. We work with preventative measures to minimize risks and have a strong and integrated safety culture at all levels. We try to create clarity and provide consistent information to promote safe thinking among all of our employees.
Refimet’s environmental management is based on our values and our vision of zero environmental accidents. To achieve this, we invest considerable resources in efficient systems, advanced technology and stable processes throughout our business. We work proactively with meticulous risk assessments and clear action plans.
In 2019 we obtained the RJC (Responsible Jewelery Council) certification. This is a voluntary certification for RJC members and gives our customers and suppliers the assurance they need about how precious metals are purchased, tracked and processed through the supply chain. Provides a guarantee of the integrity of our products and materials. In addition, the gold, platinum, palladium, rhodium and silver we deal with is 100% RJC compliant. With the further guarantee that all these metals are also 100% recycled.
ARTICLE 1 – Refimet SRL core business is the recovery and refining of precious metals contained in industrial and goldsmith waste. This policy confirms the commitment made by Refimet SRL in order to respect human rights, avoid contributing to the financing of conflicts and comply with all relevant sanctions, resolutions and laws of the United Nations;
ARTICLE 2 – Refimet is a certified member of the Responsible Jewelery Council (RJC). As such, we are committed to providing evidence, through independent external verification, that:
– We respect human rights in accordance with the Universal Declaration of Human Rights and the Declaration of the International Labor Organization on fundamental principles and rights at work;
– We do not engage in or tolerate bribery, corruption, money laundering or terrorist financing;
– We support the transparency of state payments and security forces compatible with the protection of rights in the mining industry;
– We do not provide direct or indirect support to illegal armed groups;
We set up processes through which the parties involved can express problems relating to the jewelry supply chain;
– We implement the OECD regulatory framework in five steps as a management system for risk-based due diligence activities relating to responsible supply chains of minerals from conflict-affected and high-risk areas.
ARTICLE 3 – We are also committed to using our influence to prevent abuse by others.
ARTICLE 4 – Regarding serious abuses associated with the extraction, transport and trade of minerals, we do not intend to tolerate or profit from, contribute to, assist or favor:
– torture, cruel, inhuman and degrading treatment;
– forced or compulsory labor;
– the worst forms of child labor;
– violations and abuses of human rights;
– war crimes, violations of international humanitarian law, crimes against humanity or genocide.
ARTICLE 5 – We will immediately cease all commitments with suppliers upstream of the supply chain if we find a reasonable risk that they commit the abuses referred to in paragraph 4 or procure from or are connected to a counterparty that commits such abuses.
ARTICLE 6 – Regarding direct or indirect support to non-governmental armed groups we only buy and sell diamonds that are fully compliant with the Kimberley Process Certification System and, as such, we do not intend to tolerate direct or indirect support to non-governmental armed groups, including between the other the procurement of diamonds from, making payments to or servicing or providing equipment to non-governmental armed groups or their affiliates who, unlawfully:
– control mining sites, transport routes, diamond marketing points and upstream operators in the supply chain;
– Tax or extort money or diamonds at mining sites, along transport routes or at diamond trading points, or from intermediaries, export companies or international traders.
ARTICLE 7 – We will immediately terminate all engagements with upstream suppliers if we find a reasonable risk that they are sourcing from, or are linked to, a counterparty providing direct or indirect support to non-governmental armed groups, as described in paragraph 6.
ARTICLE 8 – Regarding public or private security forces we state that the role of public or private security forces is to provide security to workers, facilities, equipment and property in accordance with the rule of law, including the law guaranteeing human rights. We will not provide direct or indirect support to public or private security forces who commit abuses described in paragraph 4 or who act illegally as described in paragraph 6.
ARTICLE 9 – Regarding bribery or misrepresentation on the origin of minerals, we do not intend to offer, promise or request bribes and we intend to oppose solicitation of bribes, requests to conceal or disguise the origin of minerals, or to misrepresent taxes, duties, tariffs and royalties paid to governments for the purposes of mining, trading, handling, transporting and exporting minerals.
ARTICLE 10 – Regarding money laundering we intend to support efforts and contribute to the elimination of money laundering where we identify the reasonable risk of money laundering arising from or related to the extraction, trade, handling, transport or export of minerals.