Terms of Use

OECD Guidelines for Swarna Aditya Gold Refinery and Resources Pvt Ltd

Effective Date: 17-10-2023

Swarna Aditya Gold Refinery and Resources Pvt Ltd ("Company," "we," "us," or "our") is committed to conducting its business operations in an ethical, transparent, and socially responsible manner. We adhere to the principles outlined by the Organisation for Economic Co-operation and Development (OECD) to guide our business conduct and to contribute to sustainable development and responsible business practices. These guidelines represent our commitment to upholding the OECD standards in all aspects of our operations.

1. General Principles

  • Respect for Human Rights: We respect and support internationally recognized human rights, including the rights of our employees, stakeholders, and the communities in which we operate.
  • Transparency: We promote transparency in our operations, including the disclosure of material information, financial reporting, and corporate governance.

2. Business Conduct

  • Anti-Corruption: We prohibit bribery, corruption, and any form of unethical or illegal business conduct. We comply with anti-corruption laws and regulations, and we expect our employees and stakeholders to do the same.
  • Competitive Practices: We engage in fair competition and adhere to antitrust and competition laws. We do not engage in anti-competitive practices or abuse our market position.

3. Environment and Sustainability

  • Environmental Responsibility: We are committed to minimizing our environmental impact. We comply with environmental laws and regulations, reduce waste, and promote sustainable resource management.
  • Community Engagement: We engage with local communities and strive to contribute positively to their social and economic development.

4. Employment and Labor: 

  • Labor Rights: We respect the rights of our employees, including fair wages, working hours, and safe working conditions. We do not tolerate discrimination, child labor, or forced labor.
  • Training and Development: We invest in the training and professional development of our employees to foster a skilled and motivated workforce.

5. Responsible Supply Chain :  Supply Chain Responsibility: We expect our suppliers to adhere to ethical and responsible business practices consistent with these guidelines. We conduct due diligence to ensure our supply chain aligns with our values.

6. Reporting and Compliance

  • Compliance and Accountability: We maintain a culture of compliance and accountability within our organization. Our employees are encouraged to report any potential breaches of these guidelines.
  • Annual Reporting: We will publish an annual report outlining our efforts and achievements in adhering to these guidelines, ensuring transparency in our business conduct.

7. Continuous Improvement : Commitment to Improvement: We are dedicated to continuous improvement in our business practices. We regularly review and update our policies and procedures to align with evolving best practices and legal requirements.

8. Training and Awareness: Training Programs: We provide training to our employees, stakeholders, and partners to ensure a clear understanding of these guidelines and their implementation.

These OECD Guidelines represent our commitment to responsible and ethical business conduct. We expect all employees, stakeholders, and partners associated with Swarna Aditya Gold Refinery and Resources Pvt Ltd to uphold these principles in their interactions with our company and the broader community.