px_precinox_acompanyof-01
STI
Manufactured Goods

PX Précinox SA

Member since: 

November 2021
With more than 45 years of experience, PX Precinox SA has made processing of precious metals its speciality. The company’s day-to-day activity involves waste treatment, refining, and the development and alloy manufacturing, drawn and rolled semi-finished products, of cut and stamped components, as well as of banking products. Its products stand out for the high-quality alloys and complex shapes, of which the firm’s hundred employees have a perfect command. On top of this its production remains exclusively in-house, from end to end of the chain, which ensures unfailing traceability.
Size
10-49
Website
www.pxgroup.com/societes/px-precinox/

B Corp since

November 2021

Goal 1

  • In progress
Core Business
By 2028, we source 20 t of gold from Artisanal and small-scale mining (ASM) sources, compared with 3.5 t imported in 2022 and reported to the London Bullion Market Association (LBMA).*
* ASM sources are mercury-free, making an important contribution to the Minamata agreements.

Goal 2

  • In progress
Internal Operations
By 2027, we reduce the carbon impact of our plant by 60 % (Scopes 1 & 2) compared with no reduction in 2020, and by 2024, we commit to the Science Based Targets initiative (SBTi).*
* By 2024, we contribute to a harmonization effort with other Swiss refiners for the calculation of Scope 3 related to the supply of precious metals.

Goal 3

  • In progress
Collective action
By 2025, we set up a foundation under Swiss law and redistribute 80 % of the premiums paid to community projects benefiting our precious metal supply sources.*
* By community projects, we mean those that promote well-being, climate protection and biodiversity in our sourcing regions. Premiums paid by our customers through the Foundation for the purchase of certified precious metals from mercury-free artisanal sources or recycled gold sources of traceable origin.

Goal 4

  • In progress
Internal Operations
By 2024, we maintain the HR Bench satisfaction index above 3, compared with 2.7 in 2022.*
* The HR Bench scale assesses an environment conducive to employees’ professional and personal development. A satisfaction index above 3 on the HR Bench scale exceeds the national average for companies operating in the same field of activity (1: very dissatisfied, 2: rather dissatisfied, 3: rather satisfied, 4: very satisfied).

Scope of pledges

PX Précinox SA operates in Switzerland. The pledges taken within the STI framework relate to the sustainability policy applying to all PX Précinox SA operations carried out in Switzerland. The company is therefore accountable for their implementation within the limits of its scope of activity.