Bifalgorithm post · Gold market analyst · Our Suppliers

Supplier Diligence

Supplier Diligence (Gold market analyst · Our Suppliers) — "We seek to do business only with reputable and trustworthy suppliers and conduct diligence commensu…

Ideas in this flowchart

  • WGC supplier governance emphasizes trust, diligence, compliance, and contractual responsibility.
  • Business is conducted only with reputable and trustworthy suppliers.
  • Due diligence is conducted in proportion to each potential supplier’s risk profile.
  • Suppliers and their supply chains must fully comply with all applicable laws and regulations.
  • Appropriate contractual commitments are sought from suppliers.
  • Modern slavery
  • Privacy
  • Anti-money laundering
  • Anti-bribery and corruption
  • International sanctions
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Supplier Diligence

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Gold market analyst

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"We seek to do business only with reputable and trustworthy suppliers and conduct diligence commensurate with potential suppliers’ risk profile. At a minimum, the WGC expects its suppliers and their supply chain to comply fully with all applicable laws and regulations in the conduct of their business. We also seek to impose appropriate contractual commitments from our suppliers on human rights issues, including with respect to modern slavery, privacy, anti-money laundering, anti-bribery and corruption and international sanctions."

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