PAMP is furthering its commitment to responsible development for the third consecutive year with the presentation of the new edition of its Sustainability Report. In order to attain sustainable growth, action must be taken at the local level using adequate internal systems and procedures, and at the international level, actively upholding regulations, standards and values shared within the sector concerned. That dedication is a double-commitment that has enabled PAMP to become recognized as a global leader in the fabrication, marketing and distribution of precious metals products, as evidenced by its recent Partnership with UNESCO.
People. Environment. Company: Our Commitment. That is the title we decided to give to our third Sustainability Report, using three words that not only summarize the foundation of our business, but also the goals that guide our day-to-day operations.
For PAMP, the annual presentation of its results is not simply a repetitive exercise but rather an opportunity to compare its present and past performances, analyzing the differences and understanding how it has developed and where there still remains room for improvement. In fact, in the last few years, Corporate Responsibility has increasingly become a strategic topic for many companies that are well aware of how the ‘public’ aspect of their businesses requires attention and sensitivity in their daily decisions.
Special attention is paid in the report to the precious metals sector and in particular to its sustainability. In that regard, PAMP is actively collaborating on various projects that have been launched internationally, with the objective of anticipating and managing ethical and environmental risks that may appear at any point in the value chain. However, corporate responsibility is not only external but also internal, as regards the company's own staff, for whom a number of training options are planned. On the environmental front, the company is committed to improving its energy consumption-efficiency even more, for example by standardizing electricity use during the day, monitoring water consumption and investing in initiatives able to make the company increasingly self-sufficient in that field. PAMP's recent turnover, which has increased by 18% compared to last year, is further evidence of its development and solid capitalization, guaranteeing a long-term strategic vision.
The Ticino refinery’s international reach has also been confirmed by an important mark of recognition recently obtained from a prestigious international body. PAMP has been appointed as UNESCO’s Exclusive Partner to coordinate and distribute commemorative coins and medals, in collaboration with an international network of central banks, mints and dealers. As Ian Denison, Chief of the UNESCO Publications Unit at UNESCO's Headquarters, remarked, PAMP will be an exclusive partner for the next 5-years, having been selected over the leading refineries and distributors in the world. Besides 35-years of experience, the fact that PAMP has a presence on all 5-continents and has the capacity to coordinate an extensive sales network were also considered to be fundamental factors. All of those elements confirm that PAMP's core values, such as quality, reliability, excellence and technological innovation are indispensible criteria for winning international recognition.
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On the legal-tender front, PAMP offers the Egyptian-themed ‘The Story of Osiris,’ a five-coin set beautifully presented within an embellished linen-like box. This stunning collection marks the second edition of the ‘Mythologies of the World’ series and joins the premier collection ‘The Muses,’ which focuses on the Ancient Greek goddesses of the arts. Likewise, ‘The Story of Osiris’ plays upon a singular theme – the most significant creation myth of Ancient Egypt, faithfully rendered in the distinctively elegant aesthetic so unique to Ancient Egyptian culture. Interpreting this tale of love, betrayal and rebirth, each fine silver coin depicts a deity central to the celebrated myth in exceptional variations of high and low relief. Masterful, selective color application imparts jewel-like tones to the coins to effectively capture the vivid colors so central to one of the world’s most advanced and fascinating civilizations.
Also new for 2013 – ‘Wave,’ a collection of three original, ingot-pendant designs that, like its sister editions ‘Bloom’ and ‘Wings,’ celebrates the fundamental elements of Nature. As its name implies, ‘Wave’ rejoices in the beauty and wonder of our Oceans with three different motifs, in selections of fine gold or pure silver. Each design captures the exhilaration of a cresting wave: The Nautilus, the most noble of all seashells; the Dolphin, since Ancient times a symbol of keen intelligence and joyful rebirth, and the breaking Wave, which patterns Earth’s seas with astonishing splendor. Included, a silk cord with locking clasp finishes the elegant presentation.