Metal Price
Scrap Monster
Gold November 10, 2020 05:00:24 PM

WGC Unveils Social Responsibility Report by the Gold Industry

Paul Ploumis
ScrapMonster Author
According to the report, the pandemic has had an impact on businesses across the globe.

WGC Unveils Social Responsibility Report by the Gold Industry

SEATTLE (Scrap Monster): The Gold Responsibility & Paramount Mission” summit held in Beijing on November 6th provides social responsibility report by the gold industry on prevention and control during times of crisis. The report, prepared jointly by the China Gold Association, Shanghai Gold Exchange, World Gold Council and Sina Finance, focuses on the efforts undertaken by the Chinese gold industry in overcoming the difficulties of the time.

According to the report, the pandemic has had an impact on businesses across the globe. However, all major gold companies were holding fast to the front line of epidemic prevention and control. All these companies formulated and implemented anti-epidemic measures, which helped them to resume production in a timely and regulatory manner. Also, gold regulatory bodies and industry trade associations played leading role in mobilizing the entire industry back into action.

The report noted that the pandemic crisis has also resulted in transformation and upgrading of the gold industry. The yellow metal is expected to play a key role in reconstructing the global governance pattern. The report not only summarizes the achievements of the Chinese gold industry in its fight against the pandemic, but also serves as a good reference for the rest of the world in preventing and controlling the spread of the pandemic.

YOU MAY ALSO BE INTERESTED IN:

Physical Gold Sales Posted Continuous Decline in China

Gold-backed ETF Holdings Hit New All-Time Peak in Q3

SM Newsletter
Subscribe to SM mailing list and get updates to your inbox
Facebook Twitter Linkedin Instagram