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Responsible Sourcing

IIBX promotes responsible sourcing practices across its bullion ecosystem to support transparency, supply chain integrity and market confidence.

The responsible sourcing framework is designed to facilitate trading in bullion originating from supply chains that align with internationally recognized responsible sourcing principles and applicable market requirements.

The framework supports responsible participation across sourcing, trading, settlement and delivery processes.

Commitment to Responsible Supply Chains

IIBX enables trading in bullion that adheres to internationally accepted responsible sourcing practices to strengthen confidence across the bullion value chain.

In particular, IIBX facilitates trading in bullion that adheres to the:

OECD (Organisation for Economic Co-operation and Development) Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas (CAHRAs)

This approach supports establishment of supply chain integrity and promotes responsible sourcing practices across market participants.


Objectives

Supply Chain Integrity : Promote transparent and traceable bullion supply chains.

Responsible Market Participation : Encourage sourcing practices aligned with internationally accepted due diligence principles.

Transparency and Traceability : Support identification and verification across the supply chain.

Risk-Based Due Diligence : Encourage assessment and management of sourcing-related risks.

Market Confidence : Strengthen confidence among participants through responsible sourcing standards.

Principles - The responsible sourcing framework supports:

  •        Traceability of bullion supply chains
  •        Identification and management of sourcing risks
  •        Supply chain transparency
  •        Responsible procurement practices
  •        Alignment with internationally recognized due diligence guidance

Refinery and Supply Chain Standards

Eligible bullion products traded on IIBX are expected to align with applicable sourcing and eligibility requirements prescribed under Exchange specifications and operational procedures.Eligible bullion products traded on IIBX are expected to align with applicable sourcing and eligibility requirements prescribed under Exchange specifications and operational procedures.

The framework supports participation of eligible refinery categories while strengthening supply chain governance.

Market Benefits

Enhanced Market Confidence

Supports trust across the bullion ecosystem.

Strengthened Supply Chain Integrity

Promotes responsible sourcing and traceability.

Alignment with International Practices

Supports globally recognized due diligence principles.

Sustainable Market Development

Encourages long-term market resilience and responsible growth.

IIBX Responsible Sourcing Vision

IIBX seeks to support development of a transparent, trusted and internationally aligned bullion marketplace by enabling responsible sourcing practices and strengthening integrity across the bullion value chain.

Participants should refer to applicable Exchange specifications, operational guidelines and eligibility requirements for detailed sourcing and product criteria.

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