This document outlines the ethical and social principles and values that guide the corporate policy of Re Sole S.R.L. (hereinafter also referred to simply as Re Sole or the Company). It is addressed to employees, shareholders, clients, suppliers, external collaborators, business partners, and any other party that may act on behalf of Re Sole.
1. Policy Framework
In the heart of the Vicenza gold district, more than 25 years ago, Re Sole was founded. Since then, it has been designing, developing, and marketing gold jewelry. The company operates from a single location, which is in Vicenza, at the following address: Via Vecchia Ferriera 70. Re Sole is a member of the Responsible Jewellery Council (RJC). Respect for individuals, legality, employee protection, and environmental care have always been core values of Re Sole’s corporate policy.
For these reasons, and with the goal of enhancing the promotion and protection of these values, since November 2020 the Company has chosen to become a Member of the Responsible Jewellery Council (RJC), a non-profit organization with regulatory duties, established to promote responsible ethical, human rights, social, and environmental practices throughout the diamond, gold, silver, platinum group metals, and colored gemstone supply chains.
RJC has developed a benchmark standard for the jewelry supply chain and credible mechanisms for third-party verification to ensure that companies operate in accordance with responsible business practices. As an RJC member, Re Sole is committed to conducting its operations in compliance with the RJC Code of Practices (COP 2019), and to integrating ethical, human rights, social, and environmental considerations into its daily activities, business planning, and decision-making processes. Furthermore, Re Sole S.R.L. is committed to maintaining certification that attests to its compliance with this standard.
To this end, we have formalized our RJC policy by self-assessing the conformity of our activities to the RJC standard and adopting all necessary measures to meet the certification requirements. We make available to our clients and all interested stakeholders the relevant data substantiating the results our company has achieved by applying this standard. Re Sole conducts regular audits to verify that the principles outlined in this policy are effectively implemented and respected. For this purpose, the RJC Control Committee was established, composed of three different roles with oversight functions in the areas of environment and safety, human rights, and security. The RJC Committee meets annually.
2. Human Rights and Social Policy
In addition to complying with applicable laws in all the countries where it operates, Re Sole is committed to identifying, mitigating, and—where possible—preventing potential human rights violations related to its activities. To this end, Re Sole declares that it:
is committed to upholding the protection and safeguarding of human rights and fundamental freedoms, in accordance with the principles set out in the Universal Declaration of Human Rights (1948) and subsequent international human rights conventions;
recognizes and respects the principles established by the fundamental conventions of the ILO (International Labour Organization), in particular the right to freedom of association through the voluntary membership of its employees in trade unions, and the prohibition of forced and child labor by employing workers solely under national collective labor agreements;
does not tolerate any form of discrimination in the workplace in terms of hiring, wages, overtime, access to training, promotion, termination, or retirement based on race, ethnicity, caste, national origin, religion, disability, gender, sexual orientation, union membership, political affiliation, marital status, pregnancy, physical appearance, HIV/AIDS status, age, or any other applicable basis prohibited by labor and workers’ rights laws;
is committed to prohibiting corporal punishment and to preventing degrading treatment, abuse, coercion, or any form of intimidation;
is committed to not sourcing materials from areas affected by armed conflict, widespread violence, or other human rights risks.
Re Sole is committed to supporting the development of the communities where it operates, with the aim of contributing to the region’s economic and social wellbeing. The Company promotes charitable and solidarity initiatives and provides support for projects aimed at restoring the local community’s artistic and cultural heritage.
3. Commercial Policy, Anti-Corruption, Anti-Extortion, and Anti-Money Laundering Policy
Re Sole is committed to conducting its business with the highest respect for ethical standards, ensuring integrity, transparency, and compliance with applicable laws. Accordingly, the Company declares its commitment to:
not engage in extortion, corruption, or coercion and to contribute to the fight against such offenses and unethical practices;
not accept payments, gifts, discounts, benefits, promises, or other advantages that may exceed normal business or courtesy practices or may influence judgment or result in any advantage or preferential treatment;
not carry out transactions or operations that could compromise fair competition principles or influence business or decision-making processes;
avoid conflicts of interest;
not tolerate money laundering or the financing of terrorist activities;
apply appropriate due diligence considering the risk associated with counterparties before starting any business relationship, monitor our supply chain closely, and implement Know Your Counterparty (KYC) procedures;
fully and transparently disclose the characteristics of the precious metals sold, and ensure the accuracy of weight, functionality, finish, and purity of products, guaranteeing compliance and quality through systematic checks with effective and cutting-edge precision tools;
adopt appropriate systems and measures to ensure the integrity and safety of product shipments, and to prevent theft, damage, or product substitution;
respect consumer rights by applying fair business, marketing, and advertising practices, and by taking necessary measures to ensure the safety and quality of products;
respect confidentiality and personal data protection laws.
4. Environmental Policy
Re Sole, aware that commitment to environmental protection and sustainable development is a key aspect of business ethics, pledges to carry out its activities in full compliance with environmental regulations and to implement an effective emergency plan in case of environmental harm caused by its operations. With this in mind, the company commits to responsibly and correctly disposing of waste, using energy efficiently, and minimizing the environmental impact of its operations.
5. Health, Safety and Workplace Hygiene Policy
Re Sole promotes the necessary actions to protect the health and safety of its workers and anyone interacting with the company. To this end, it undertakes to:
comply with current health, safety, and workplace hygiene regulations;
educate and inform employees;
establish and maintain a system to identify and manage health and safety risks;
implement technical, organizational, and managerial measures to prevent—where possible—and/or reduce risks to workers’ health and safety in the workplace;
ensure and maintain the safety and wellbeing of employees, visitors, clients, and suppliers.
6. Security Policy
Re Sole is committed to protecting both its own and others’ intellectual property. In this regard, the Company has implemented specific procedures to protect against theft, damage, or substitution of products within its premises and during shipments. Re Sole has also informed its employees about the importance and obligation to respect confidentiality and the intellectual property of both the Company and its commercial partners. Re Sole further commits to:
comply with applicable laws and regulations;
periodically review (annually and whenever necessary) this Policy;
establish measurable objectives in compliance with the RJC Code;
communicate these objectives to all interested parties;
implement all necessary actions to identify and eliminate any gaps between the stated policy and actual company practices.
