Glossary
LPPM (London Platinum & Palladium Market) Responsible Platinum and Palladium Guidance
London Platinum and Palladium Market (LPPM)
Overview
The Responsible Platinum/Palladium Guidance for Good Delivery Refiners and members of the Sponge Accreditation Lists has been created to combat systematic or widespread abuses of human rights, to avoid contributing to conflict, to comply with high standards of anti-money laundering, and to combat terrorist financing. The Guidance formalises and consolidates existing high standards of due diligence amongst all PGM Refiners.
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About
Name
LPPM (London Platinum u0026 Palladium Market) Responsible Platinum and Palladium Guidance
Owner(s)
London Platinum and Palladium Market (LPPM)
First Published
2019
Licensing Terms
Membership
Applicable Size of Entity
Agnostic/All
Governance
Scheme Holder Type
Industry Organisation – An organisation, association or membership representing and with a mandate for improving the services provided by an industry, its public standing, and including the industry’s sustainability performance.
Core Focus
Due diligence standard – A standard that sets expectations for a standard-holing organisation’s supply chain or business partner due diligence activities (the standard mandates the identification or mitigation of ESG risks).
Claim Type
Business practice performance