PRESS RELEASE

from Blaze Metals FZ - LLC (NASDAQ:LNSTY)

Blaze Metals FZ LLC Achieves RJC Certification

DUBAI, UNITED ARAB EMIRATES / ACCESSWIRE / October 2, 2024 / Blaze Metals FZ - LLC has achieved Responsible Jewellery Council (RJC) Certified Member status, as part of its commitment to implementing and promoting responsible business practices within the jewellery and watch industry. To achieve certified status, RJC members must satisfy a rigorous independent third-party audit that assesses the organisation's business practices and management systems against RJC's Code of Practices standard for environmental, social and governance (ESG) factors, including human rights, responsible production, and anti-money laundering. RJC certification applies to a business and its responsible business practices, RJC does not certify product. RJC membership is voluntary; certification is a mandatory requirement for members.

Date joined: 07th May 2021
Date certified: 11th June 2024
Recertification date: 11th June 2027

"I would like to congratulate Blaze Metals FZ - LLC on their certification. We work in an industry of beauty and emotions - connecting hearts and minds. Consumers always expect trust when they buy a piece of jewellery to celebrate a significant moment in their lives. In this era of trust and resilience, now more than ever there is a need for more companies to inspire, take action and commit towards a journey of purpose, and continuous improvement. RJC supports its members in an integrated approach of best management practices to sustainability. We welcome their leadership and commitment towards responsible business practices."

Melanie Grant

Executive Director

Responsible Jewellery Council

"We believe in the intrinsic value of precious metals as a timeless store of wealth , and are committed to providing our clients with the highest quality products and services to safeguard their financial future"

OHENEBA NANA KOFI OPOKU

CEO

Blaze Metals FZ - LLC

Further Information
Mr Kaashif Karriem
kaashif@blazemetals.ae
+971 564 150 695

About Blaze Metals FZ - LLC
Blaze Metals is a leading wholesale and retail supplier of gold bullions, providing a number of trading and brokerage related services for precious metals.

About Responsible Jewellery Council
Responsible Jewellery Council is the leading standards organisation of the global jewellery and watch industry. It has more than 1,900 member companies in 73 countries, that span the jewellery supply chain from mine to retail. RJC Members commit to and are independently audited against the RJC Code of Practices - an international standard on responsible business practices for diamonds, coloured gemstones, silver, gold and platinum group metals. The Code of Practices (COP) addresses human rights, labour rights, environmental impact, mining practices, product disclosure and many more important topics in the jewellery supply chain. RJC also works with multi-stakeholder initiatives on responsible sourcing and supply chain due diligence. The RJC's Chain-of-Custody Certification (COC) for precious metals supports these initiatives and can be used as a tool to deliver broader member and stakeholder benefit. Through the implementation of the COP and COC members contribute towards the 17 Sustainable Development Goals of the United Nations 2030 agenda. RJC's Roadmap 2030 is a framework for our industry with respect to the most impactful contributions our members can make through their supply chains. Impacts deepen consumer confidence and are linked to priority SDGs, they are presented according to the five pillars of sustainable development - People, Planet, Prosperity, Peace and Partnerships. RJC launched the SDG Taskforce, an industry-wide action platform to advance the sustainability agenda and benchmark progress in the jewellery and watch supply chain.

RJC is a Full Member of the ISEAL Alliance - the global association for sustainability standards and RJC is a member of the United Nations Global Compact (UNGC) since 2009. RJC and UNGC entered into a first-of-its-kind strategic partnership in 2020 and launched the 'SDG Innovation & Impact in the Jewellery Industry" programme. In 2021 RJC deepened this commitment by supporting the UNGC SDG Ambition global impact initiative to accelerate integration of the 17 SDGs into core business management. SDG Ambition enables companies to move beyond incremental progress and step-up transformative change - unlocking business value, building business resilience, and enabling long-term growth.

For more information on RJC Members, Certification, and Standards please visit www.responsiblejewellery.com and connect with us on LinkedIn, Twitter, Instagram and Facebook.

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SOURCE: Blaze Metals FZ - LLC



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