ESG concerns: How green is gold?

Gold has not been immune to ESG shift

clock • 4 min read

Environmental, social, and governance (ESG) issues have moved to the forefront of investors’ minds. The gold industry has not been immune from this shift, but as one of the few tangible, globally recognised assets, gold investment includes a series of unique ESG considerations not always recognised or understood.

The world's wholesale, physical gold market is centred in London under the auspices of LBMA (London Bullion Market Association), some of whose Members participate in the familiar twice-daily price auction.  Daily London and loco-London turnover in Q4 2021 equalled some $51bn, but beyond trading, LBMA's Members - and accredited precious metals refineries across the world - are responsible for ensuring that the gold and silver delivered into London is responsibly sourced. This is more complex than it may seem. Provenance A priority for traders and investors is knowing where the metal ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on ESG

The report also confirms GSS+ bonds from sovereign issuers were up 36% on last year, with $435bn issued in the first three quarters of 2023 by 49 different countries.

Green bonds issuance surpasses $2.5trn

GSS+ bonds hit $4.2trn

James Murray
clock 07 December 2023 • 3 min read
The study lays out three key opportunities for the private sector to maximise the value associated with investment in climate adaptation and resilience measures.

Every dollar invested in climate resilience can yield up to $15 in financial benefits

Launched by UN Special Climate Envoy

Stuart Stone
clock 06 December 2023 • 3 min read
Event voice: Interview with Women in Investment Awards sponsor Amundi ETF

Event voice: Interview with Women in Investment Awards sponsor Amundi ETF

Sponsor of awards on 22 November

Investment Week
clock 30 November 2023 • 1 min read