Mioro Responsible Business Practices Policy

PL.6| Publication Date:20.12.2017 | R.02 | Last Revised Date: 23.12.2024

Commitment to Ethical Business Practices

Mioro prioritizes integrity, transparency, and accountability in all aspects of its operations. We maintain a zero-tolerance policy for unethical behaviors such as bribery, corruption, and facilitation payments. Our operations are guided by:
– Fair Trade Principles: Ensuring fairness in all our business dealings.
– Respect for Human Rights: Upholding the United Nations Guiding Principles on Business and Human Rights across our supply chain.
– Non-Discrimination and Inclusion: Promoting a diverse and inclusive workplace where employees are treated with dignity and respect.

Compliance with Laws and Regulations

Mioro adheres to all applicable local and international laws, including labor laws, environmental regulations, and health and safety standards. We also align with RJC-COP requirements, which cover:
– Anti-Money Laundering (AML): Establishing robust procedures to prevent money laundering and financing of terrorism.
– Labor Rights: Complying with regulations on working hours, wages, and benefits, and ensuring no use of forced or child labor.
– Environmental Laws: Meeting or exceeding legal requirements related to environmental protection.

Sustainable and Responsible Sourcing

As part of our commitment to the RJC-COP, Mioro ensures that all gold and silver used in production are responsibly sourced. We maintain strict traceability systems to ensure the materials in our supply chain are conflict-free and meet ethical standards. Our approach includes:
– Supplier Due Diligence: Conducting Know Your Customer (KYC) checks and requiring suppliers to comply with our Supplier Code of Conduct.
– Chain of Custody (CoC) Compliance: Segregating and tracking materials to meet CoC standards.
– Sustainability Initiatives: Collaborating with suppliers to minimize environmental impacts and reduce carbon footprints.

Social Responsibility

Mioro is dedicated to fostering positive impacts on the communities in which we operate. Our social responsibility initiatives include:
– Fair Labor Practices: Providing safe and fair working conditions for all employees and ensuring compliance with occupational health and safety standards (ISO 45001).
– Community Engagement: Supporting local economic development through job creation and partnerships with local businesses.
– Training and Development: Offering regular training programs to empower employees and contractors with the knowledge of ethical practices and legal compliance.

Environmental Stewardship

We recognize our responsibility to protect the environment and strive to minimize the ecological footprint of our operations. Our environmental practices include:
– Implementing an Environmental Management System in line with ISO 14001.
– Reducing waste and promoting recycling in production processes.
– Minimizing energy consumption and greenhouse gas emissions through efficiency programs.

Governance and Monitoring

To ensure adherence to our Responsible Business Practices Policy, Mioro has established robust governance and monitoring systems:
– Internal Audits: Conducting regular audits to identify and address potential risks.
– Legal and Regulatory Updates: Staying informed of changes in applicable laws and COP requirements through partnerships with legal and compliance experts.
– External Assessments: Engaging third-party auditors to validate compliance with RJC-COP and other industry standards.

Transparency and Accountability

Mioro maintains open communication with all stakeholders, including customers, employees, suppliers, and regulatory bodies. Transparency is ensured through:
– Public reporting on sustainability and compliance initiatives.
– Providing stakeholders with access to information about our policies and procedures.
– Establishing grievance mechanisms to address concerns from employees and external parties.

Continuous Improvement

We are committed to continuously improving our practices to meet evolving standards and expectations. Our efforts include:
– Updating policies and procedures to reflect the latest industry developments and regulatory changes.
– Investing in advanced technologies to enhance efficiency and reduce environmental impacts.
– Encouraging employee participation in identifying areas for improvement and innovation.

Conclusion

At Mioro, responsible business practices are not just a requirement—they are the foundation of our success. By adhering to the RJC-COP and embracing sustainable, ethical, and transparent practices, we aim to create lasting value for our customers, employees, and stakeholders while contributing to a better future for the jewelry industry and the world.

For more information on our Responsible Business Practices Policy, please contact the Mioro Compliance Team at [uyum@mioro.com.tr].

Last Revised Date: 23.12.2024

APPROVED BY THE BOARD OF DIRECTORS

Mioro Hediyelik Eşya San. Ve  Tic. A.Ş.