“We aim to use our position as a global buyer of precious metals to encourage our suppliers and partners to join us in our goal to go beyond compliance.”
Cristian Stanciu (CEO pGT)
Commitment
philoro has adopted the goal of going beyond compliance.
This equates to holding ourselves to a level better than simply complying to one or other set of standards or guidelines. As a team together with our partners we seek to be constantly vigilant so that any product that is associated to philoro can be purchased with confidence.
Collaboration
philoro understands its role in shaping the broader industries attitudes and actions.
philoro collaborates with a broad spectrum of stakeholders to work on ways to improve the sourcing and trading of precious metals, from Blockchain solutions that support traceability to assisting ASM’s with their environmental responsibilities. We are always open to engaging with likeminded parties.
KYC – Risk
The purpose of our KYC process is not to complete the required documentation, but to progressively build a network of trusted partners.
Our process is driven by this purpose and means we keep asking questions until we know who we are working with. The result of this approach is the fostering of a mutual commitment to uphold the standards of the network.
Commitment
philoro has adopted the goal of going beyond compliance.
This equates to holding ourselves to a level better than simply complying to one or other set of standards or guidelines. As a team together with our partners we seek to be constantly vigilant so that any product that is associated to philoro can be purchased with confidence.
Collaboration
philoro understands its role in shaping the broader industries attitudes and actions.
philoro collaborates with a broad spectrum of stakeholders to work on ways to improve the sourcing and trading of precious metals, from Blockchain solutions that support traceability to assisting ASM’s with their environmental responsibilities. We are always open to engaging with likeminded parties.
KYC – Risk
The purpose of our KYC process is not to complete the required documentation, but to progressively build a network of trusted partners.
Our process is driven by this purpose and means we keep asking questions until we know who we are working with. The result of this approach is the fostering of a mutual commitment to uphold the standards of the network.
“The precious metals supply chain space is fraught with risks and opportunities. To participate in this space responsibly one needs a ‘system’ to continuously identify, assess and manage risk.”
Manuela Hagler (Head of Governance)
Governance Management System
The precious metals supply chain space is fraught with risks and opportunities. To participate in this space responsibly one needs a `system´ to continuously identify, assess and manage risk.
PLAN
Policy
Resources
Objectives
DO
Processes
Training
Prevention
ACT
Preventative &
corrective Actions
CHECK
Audits
Inspections
Verifications
Regulations, Standards, Guidelines & Expectations
Common to all the above is the focus on effective Risk Management and consistent processes, that are assessed to test their efficacy and continuously improved upon.
philoro has invested in building a Governance Management System ensuring it stays abreast with global best practices.
ESG compliance
philoro´s goal of going beyond compliance lives here.
We don’t stop at asking our partners to be compliant, we work with them to not only achieve their compliance, but go beyond. Our team has experience with all the recognized global standards and supports its partners with achieving compliance with these.
Technical Support
Our team has expertise in smart exploration programmes, project studies scoping, operational readiness and asset optimisation.
philoro needs to complete thorough due diligence on big investments, but in the spirit of partnering we are always on the look out to identify opportunities to share knowledge and improve our partners projects.
philoro TRUST ECOSYSTEM
In order to achieve the objectives set out by OECD, philoro is building an ecosystem of trusted partners from producers (big and small), traders, advisors, NGO’s and regulators.
The goal is to create a network of trust that all participants can enjoy and be a part of.