GEF Global Opportunities for the Longterm Development of
GEF Global Opportunities for the Long-term Development of the Artisanal and Small-Scale Gold Mining sector – GEF GOLD
Background: Mercury Adverse effects on human health Mercury Vapor • damages nervous system, kidneys; causes insomnia, tremors, depression, gum disease Methyl Mercury - Minamata disease • causes severe neurological damage, ataxia, muscular atrophy, contraction of visual field, speech impairment, tremor, hearing impairment, mental disorder, infertility, spontaneous abortion or severe birth defects
Mercury use in ASGM Mercury releases from the sector During amalgamation During burning of the amalgam
Mercury use in ASGM But ASGM is also… • Unique employment opportunity for rural population • Possible to do in a safe, environmentally friendly way • When well managed, a means of poverty alleviation
Environmental Sound Management of Mercury in Artisanal Small-scale Gold Mining in Peru Contribution towards the elimination of mercury in the ASGM sector: from miners to refiners Integrated Sound Management of Mercury in Kenya’s ASGM (IMKA) Integrated Sound Management of Mercury in Indonesia’s Artisanal and Small-scale Gold Mining (ASGM) or ISMIA A supply chain approach to eliminating mercury in Guyana’s ASGM sector: El Dorado Gold Jewelry – Made in Guyana Integrated Sound Management of Mercury in Colombia’s ASGM Sector Contribution toward the elimination of mercury and improvement of the gold value chain in the artisanal and small-scale gold mining sector Global knowledge management and exchange of child project results through networking and outreach activities
GEF GOLD Components – Involvement of the Private Sector 1. Formalisation 2. Access to finance and access to markets 3. Technology Transfer 4. Knowledge Management and Communication
Current ASGM Supply Chain International Domestic ASM 10 Miners 30 Miners 70% On Site Buyer 5 Miners 10 g 90% 80% Region Buyer 1 kg 95% Exporter 10 kg 50 kg 98% Intern. Trader 99% LB M A Refiner 100 kg 1000 kg LBMA = London Bullion Market Association…largest gold trader > 500, 000 kilos of gold/day
GEF GOLD Expected ASGM Supply Chain 10 Miners 90% Domestic ASM 95% 70% On Site Buyer 30 Miners 5 Miners 100 g Region Buyer 1 kg Exporter 10 kg 50 kg Private Sector supports ASGM associations to access ‘clean’ gold production technologies International 99% Intern. Trader Refiner 100 kg L B M A 1000+kg Jewelry Electronics Computer and other Private Sector entities create & access market for ’clean’ gold LBMA = London Bullion Market Association…largest gold trader > 500, 000 kilos of gold/day
CORPORATE PERSPECTIVE ON SUSTAINABLE COMMODITIES GEF 7 REPLENISHMENT MEETING Addis Ababa Dr. Helen Crowley Head of Sustainable Sourcing Innovation, Kering 4 October 2017
WHO WE ARE A global Luxury group, Kering develops an ensemble of luxury houses in fashion, leather goods, jewelry and watches, as well as sport & lifestyle brands We enable our customers to express their personality and to fulfil their dreams while making a positive contribution to: Alexander Mc. Queen • Balenciaga • Brioni Christopher Kane • Mc. Q • Stella Mc. Cartney • People Tomas Maier • Boucheron • Dodo • Girard-Perregaux • Society Jean. Richard • Pomellato Qeelin • Ulysse Nardin • Environment 30 octobre 2020 Gucci • Bottega Veneta • Saint Laurent Kering Eyewear • Puma • Volcom • Cobra 10
KEY FIGURES € 1 billion TOTAL REVENUE RECURRING OPERATING INCOME net income attributable to owners of the parent o/w net income from continuing operations excluding non-recurring items over 40, 000 employees REVENUE BY REGION 20 brands 120 countries 30 octobre 2020 11
ADVANCE 2025 VISION “Kering and its brands will set the standard for best practices for the luxury industry to meet global environmental and social challenges. ” 30 octobre 2020 8
KERING GROUP EP&L RESULTS 30 octobre 2020 13
WE DON’T JUST SEE THIS. . . 30 octobre 2020 14
TITLE . . . WE ALSO SEE THIS 30 octobre 2020 15
WWW. KERING. COM/EN/SUSTAINABILITY
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