Responsible sourcing of gold in India

On December 6, 2019, the OECD and the India Gold Policy Centre at IIM Ahmedabad will organise a workshop on responsible sourcing of gold in India, with the support of the Indian Bullion and Jewellers Association. The event will take place at the India Habitat Centre.

The event targeted at key decision-makers in the supply chain of organisations where precious metals are an essential raw material, and the regulating agencies and departments in the government. It was attended by stakeholders from across the value chain in the gold industry and representatives of international industry schemes on responsible sourcing that are recognised by the OECD. Participants from India included banks, refiners, bullion dealers, jewelers and consumers of gold at an industrial level.

The workshop is expected enabled participants to become more familiar with international standards and industry programmes focusing on the responsible sourcing of gold. The workshop also allowed participants to take stock of domestic efforts to develop transparent supply chains of precious metals.

Read the agenda

Read the event outcome document

Objectives

1. In-depth discussions on how gold imports are shaping Indian trade

2. Introduction and discussion on the OECD Due Diligence Guidance for Responsible Supply Chains of minerals and its global implementation programme.

3. Experiences from other international gold markets and industry players 

4. Developing a roadmap for 2020: a discussion with Indian trade associations and government officials

Related reading

OECD work on due diligence in mineral supply chains

OECD work on artisanal and small-scale mining