Supply Chain Policy
TGL Precision Cut LLP. confirm this policy commitment to respect human rights, avoid contributing to the finance of conflict and comply with all relevant UN sanctions,resolutions and laws.
is a certified member of the Responsible Jewellery Council (RJC), Assuch we commit to proving, through independent third-party verification: -
- a) Respect human rights according to the Universal Declaration of Human Rights and International Labour Organization
- b) Declaration on Fundamental Principles and Rights at Work;
- c) Do not engage in or tolerate bribery, corruption, money laundering or finance of terrorism;
- d) Support transparency of government payments and rights-compatible security forces in the extractives industry;
- e) Do not provide direct or indirectsupport to illegal armed groups;
- f) Enable stakeholders to voice concerns about the jewellery supply chain; and
- g) are implementing the OECD five-step framework as a management process(and Supplement on Gold if applicable) for risk-based due diligence for responsible supply chains of minerals from conflict-affected and high-risk areas.
- h) We also commit to using our influence to prevent abuses by others
Regarding serious abuses associated with the extraction, transport or trade of gold:
We will neithertolerate nor profit from, contribute to, assist or facilitate the commission of:
- a) torture, cruel, inhuman and degrading treatment;
- b) forced or compulsory labour;
- c) the worst forms of child labour;
- d) human rights violations and abuses; or
- e) war crimes, violations of international humanitarian law, crimes against humanity or genocide.
We will immediately stop engaging with upstream suppliers if we find a reasonable risk that they are committing abuses described in paragraph 4 or are sourcing from, or linked to, any party committing these abuses.
Regarding direct or indirect support to non-state armed groups:
We will not tolerate direct or indirectsupport to non-state armed groups, including, but not limited to, procuring gold from, making paymentsto, or otherwise helping or equipping nonstate armed groups or their affiliates who illegally:
- a) control mine sites, transportation routes, points where gold is traded and upstream actors in the supply chain; or b. tax or extort money, or gold at mine sites, along transportation routes or at points where gold is traded, or from intermediaries, export companies or international traders.
- b) We will immediately stop engaging with upstream suppliersif we find a reasonable risk that they are sourcing from, or are linked to, any party providing direct or indirectsupport to non-state armed groups.
- c) Regarding public or private security forces:
We affirm 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 law that guarantees human rights. We will not provide direct or indirectsupport to public or private security forces that commit abuses. - d) Regarding bribery and fraudulent misrepresentation of the origin of
gold:
We will not offer, promise, give or demand bribes, and willresist the solicitation of bribes, to conceal or disguise the origin of gold, or to misrepresent taxes, fees and royalties paid to governmentsfor the purposes of extraction, trade, handling, transport and export of gold. - e) Regarding money laundering:
We willsupport and contribute to effortsto eliminate money laundering where we identify a reasonable risk resulting from, or connected to, the extraction, trade, handling, transport or export of gold.
TGL Precision Cut LLP.has established a grievance procedure to hear concerns about human right violation or any other unethical trade practice within company or supply chain. The compliance officer Mr. Hemant Srivastava shall be responsible for implementing and reviewing this procedure.
Supply Chain policy violation related concerns can be raised by interested parties via email to:
This policy is endorsed by Partner of this company.
Effective Date: - 01.10.2024