Socially Responsible Investment
Responsible investment is the integration of environmental, social and governance factors (ESG) in the selection and management of investments. BMG is uncompromised in its investment approach. It has provided the greatest social benefits possible with the lowest social costs, ensuring the purest precious metals solution for investors seeking transparency, no leverage and the highest level of integrity.
BMG is an Associate Member of The London Bullion Market Association (LBMA). This membership properly reflects BMG’s continuing pursuit of the highest global standards for bullion purchase, storage, integrity, transparency and security for its clients.
As an Associate Member of the LBMA, BMG and its clients benefit from the LBMA’s Responsible Gold Programme, which requires all refiners producing Good Delivery gold bars to comply with the LBMA Responsible Gold Guidance. The Guidance aims at combating systematic or widespread abuses of human rights and avoiding contribution to conflict, while requiring refiners to comply with high standards of anti-money laundering and combating terrorist financing activities.
BMG is an Associate Member of the Responsible Investment Association (RIA). The RIA is Canada’s membership association for Responsible Investment (RI). Members include mutual fund companies, financial institutions, asset management firms, advisors, consultants, investment research firms, asset owners, individual investors and others interested in RI. Members believe that the integration of environmental, social and governance (ESG) factors into the selection and management of investments can provide superior risk-adjusted returns and positive societal impact.
BMG is a signatory to the Principles of Responsible Investment (PRI). The PRI is the world’s leading proponent of responsible investment. This allows BMG to demonstrate its commitment to responsible investment, and places us at the heart of a global community seeking to build a more sustainable financial system.
Anyone who monitors the gold mining and refining industry knows that with the rise of the gold price, illegal, unethical mining and refining operations have emerged across the developing world.
Investors in BMG Funds and the BMG BullionBars™ program must be confident that bullion purchased and stored on their behalf is obtained from ethical and legal sources.
BMG has also had BMG BullionFund, BMG Gold BullionFund and BMG Silver BullionFund (BMG Funds) endorsed by the Islamic Finance Advisory Board. The Islamic Finance Advisory Board is an independent non-profit body, engaged in the promotion of Islamic Finance in Canada. They bring the collective expertise of their scholars in providing Shariah compliant alternatives to conventional financial products.