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London Bullion Markets Association

What is the LBMA?

The LBMA stands for the London Bullion Market Association. It is the international trade association that represents the global over-the-counter (OTC) market for precious metals, primarily gold and silver, and also platinum and palladium.

One of the key roles of LBMA is:

  • Responsible Sourcing
  • LBMA runs the Responsible Gold and Silver Guidance, ensuring that gold is sourced ethically and does not fund conflict or human rights abuses.

Benefits of Complying with the Responsible Gold and Silver Guidance

Complying with the LBMA Responsible Gold and Silver 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 required to remain on the LBMA Good Delivery List, which is essential for global bullion trading.
  • Many financial institutions and exchanges only work with LBMA-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

    Certification of your Gold and Silver supply chains against the Responsible Gold and/or Silver Guidance to ISAE 3000.

    Sustainable Biomass

    What is Sustainable Biomass?

    Sustainable biomass describes any type of biomass, which, by certification has been recognised to be sustainably produced and distributed. Sustainable biomass provides means to meet the increasing demands for fuels and other products.

    Scopes of Sustainable Biomass Certification

    • Scopes of Sustainable Biomass Certification
    • Biofuels (EU Renewable Energy Directive)
    • Food, Feed (voluntary certification)
    • Bio-based products in the Chemical Industry

    Benefits of Certification

    • Legal compliance with EU Renewable Energy Directive
    • Sustainable production
    • Market recognition
    • Development of new markets

    Our Services

    Mandatory certification according to the EU Renewable Energy Directive

    • ISCC
    • REDcert

    Voluntary Certification

    • ISCC Plus
    • REDcert²

    Sustainable Forestry

    What is Sustainable Forestry?

    Sustainable Forestry balances the needs of the environment, wildlife, and forest communities —supporting decent livelihoods while conserving our forests for generations to come.

    Chain of Custody

    ”Chain of Custody” (COC) product certification relates to wood from certified forests and forest management. This particularly affects the following stages within the supply chain:

    • Procurement
    • Processing
    • Storage
    • Sale

    Benefits of Certification

    Certified companies demonstrate commitment to the environment and to ethical behaviour. At the same time, the wood can be clearly identified at any time and at all stages of processing and trading. Inspection and certification provides clear benefits to the customer and market partners, such as:

    • Increased confidence through proof of fulfilment of the requirements of Internationally recognised standards
    • Greater acceptance of the wood and wood products on the part of customers and consumers who place importance on proof of origin
    • Acquisition of new groups of customers who have a high level of environmental awareness when making purchases
    • Use of recognized labels as an effective marketing instrument over competitors without the certification
    • Proof that the wood does not originate from questionable sources

    Our Services

    • Chain of Custody Certification according to FSC/PEFC Schemes
    • Certification of sustainable forest management according to PEFC Standard