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London Platinum and Palladium Market Association

What is the LPPM?

The LPPM stands for The London Platinum and Palladium Market Association which is a trade association that oversees and promotes the trading of platinum and
palladium in London.

One of the key roles of LPPM is:

  • Responsible Sourcing
  • LPPM runs the Responsible Platinum and Palladium Guidance, ensuring that Platinum and Palladium is sourced ethically and does not fund conflict or human rights abuses.

Benefits of Complying with the Responsible Platinum and Palladium Guidance

Complying with the LPPM Responsible Platinum and Palladium Guidance offers several important benefits for refiners, traders, and the wider supply chain.

Benefits of Certification

Credibility and Trust

  • Independent third-party audits validate that your sourcing practices are ethical and transparent.
  • Builds confidence among customers, investors, and regulators.

Market Access

  • Assurance is a a requirement for all refiners wishing to achieve and maintain their LPPM Good Delivery Accreditation and their LPPM Sponge Accreditation 
  • Many financial institutions and exchanges only work with LPPM-assured refiners.

Risk Reduction

  • Reduces exposure to legal and reputational risk

    Regulatory Compliance 

    • Aligns with international standards such as: 
      • OECD Due Diligence Guidance
      • UN Guiding Principles
    • Simplifies compliance with global regulations.

    ESG and Sustainability Credentials

    • Demonstrates commitment to responsible sourcing and sustainability.
    • Enhances your ESG profile, which is increasingly important for investors.

    Competitive Advantage

    • Positions your company as a trusted and responsible player in the global bullion market.
    • Can attract new customers and institutional investors.

    Our Services

    We are an approved assurance provider by the LPPM (https://www.lppm.com/responsible-sourcing/assurance-providers/list) and provide confirmation that our client’s Platinum and Palladium supply chains meet the requirements of the Responsible PGM Guidance and the ISAE 3000 standard.