Last week Pandora announced it would no longer sell mined diamonds, and instead launched a collection using lab-grown diamonds (LGDs), as a part of their sustainability strategy. The announcement caused leading diamond and jewelry organizations to lash out as they believe the retailer misrepresented natural diamonds and caused harm to the industry.
Indian diamond manufacturer and exporter Star Rays announced it is working towards becoming India’s first carbon-neutral diamond company, highlighting its commitment to sustainable business practices.
Barely a week after Jeweller Magazine reported Michael Hill (MHI), the jewelry retailer operating 312 stores in Australia, New Zealand, Canada as well as selling jewelry online, made misleading claims in its marketing by describing their lab-grown diamonds using terms as “real”, “genuine” and “authentic”, the company has changed its messaging.
Speaking at a meeting of the World Business Council for Sustainable Development (WBCSD), which took place during the UN’s 2019 "High-Level Political Forum (HLPF) on Sustainable Development", The World Jewellery Confederation (CIBJO) president Gaetano Cavalieri advocated for the position of small and medium-sized enterprises. Sustainable economies rely on the contribution of SMEs, he said, but too often they find themselves operating at a severe disadvantage when compared to larger companies.
The 2018 World Jewellery Confederation (CIBJO) Congress held last week in Bogotá, Colombia featured a strong focus on responsible sourcing in the jewelry industry. This included the introduction of a Responsible Sourcing Guidance document, which will serve as a reference for responsible sourcing practices developed and applied by industry organizations and commercial bodies worldwide and will come to have the status of a CIBJO Book. To oversee the process, a Responsible Sourcing Commission was established.
The United Nations General Assembly, welcoming progress made by the Kimberley Process Certification Scheme to break links between the diamond trade and conflict, on March 7 adopted a consensus resolution aimed at intensifying that work and aligning it with the 2030 Agenda for Sustainable Development.
Nine of the leading diamond industry organizations and jewelry associations have jointly released the Diamond Terminology Guideline, containing recommendations for describing diamonds and synthetic diamonds, announced the Antwerp World Diamond Centre (AWDC) and CIBJO the World Jewellery Confederation in a press release. The Guideline, based on ISO standards and the CIBJO Diamond Blue Book, is intended to set the universal standard for communicating about diamonds and their laboratory-grown counterparts.
The Antwerp World Diamond Centre (AWDC) and CIBJO, the World Jewellery Confederation today (January 24) signed a Memorandum of Understanding (MOU) in Moscow with the Ministry of Finance of the Russian Federation to facilitate the implementation of measures intended to improve the polished diamond classification system used in Russia.
Leading diamond industry organizations The World Federation of Diamond Bourses (WFDB), The World Jewellery Confederation (CIBJO) and the International Diamond Manufacturers Association (IDMA) have fulfilled the final stage of an agreement, by which the nomenclature used by the International Diamond Council (IDC) will now be harmonised with that of CIBJO’s Diamond Blue Book, creating a single standard for diamond and jewelry nomenclature.
The CIBJO European Jewellery Guild, a new body of leading associations from across the continent, has been formally established within the World Jewellery Confederation (CIBJO) to advocate for the common interests of European based participants in the jewelry and gemstone industries, and to represent them in contacts with officials, departments and agencies of the European Commission, European Parliament and European Council. The new body held its inaugural meeting on September 23 at the VICENZAORO jewellery show in Vicenza, Italy.
JCK's Rob Bates conducted an in-depth and personal interview with Cecilia Gardner, who recently stepped down after 18 years as president and CEO of the Jewelers Vigilance Committee, a not-for-profit trade association dedicated to compliance with laws pertaining to the jewelry industry.
The World Jewellery Confederation (CIBJO) is celebrating its 90th anniversary this week in Armenia. Describing itself as the “United Nations of the jewellery business,” CIBJO represents the interests of all individuals, organizations and companies earning their livelihoods from jewelry, gemstones and precious metals. CIBJO is the oldest international confederation of national jewelry trade organizations. Its purpose is to encourage harmonization, promote international cooperation in the jewelry industry and to consider issues which concern the trade worldwide.
CIBJO, the World Jewellery Confederation, has published the first of the CIBJO commissions' Special Reports ahead of the body's 2016 Congress to be held in Yerevan, Armenia, in October. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall of De Beers, the report provides an update about the organization's Jewellery Industry Greenhouse Gas Measurement Initiative, which was launched in 2012 to help businesses in the industry understand and reduce their environmental impact.
Corporate Social Responsibility strategy in the gemstone and jewelry sectors came under focus at a seminar held at the VICENZAORO January show in Vicenza, Italy. The seminar was part of CIBJO's and Fiera di Vicenza's joint program to promote CSR education in the jewelry sector, and also was supported by Gemfields PLC, the world's largest colored gemstone mining company. The basic premise of the seminar was that in the current business environment, CSR no longer is a practice that one chooses to follow or not.
Last year was an exceptionally difficult one for the diamond and jewelry business for many reasons, writes CIBJO (World Jewellery Confederation) President Gaetano Cavalieri in GemKonnnect. But it might come to be seen as a pivotal one where the industry took control of its destiny and realized that past practises were no longer acceptable. This is particularly the case regarding the distribution of profit in the midstream of the pipeline.
The World Jewelry Confederation (CIBJO) will be a sponsor of the Jewelry Industry Summit (JIS) to take place from March 10-13 at the Fashion Institute of Technology in New York City. CIBJO will provide financial support and encourage its members to fully participate in the summit which will concentrate on the issue of sustainability, responsible sourcing in the jewelry industry, and supply chain challenges.
The CIBJO Congress that took place in Brazil in May is set to become the first-ever carbon neutral event in the jewelry industry, the global diamond, precious stones and jewelry industry body said. Environmental consulting company Carbon-Expert worked with CIBJO on its goal of carbon neutrality and has published a report on the event’s carbon footprint, including carbon gas emissions generated by the event and by participants’ preparation and travel.
The World Jewellery Confederation (CIBJO) has welcomed the recent publication of ISO International Standard 18323: 2015 Jewellery -- Consumer Confidence in the Diamond Industry, which specifies permitted terms to be used by the diamond industry in the sale of diamonds to consumers. The Standard "specifies a set of permitted descriptors for the diamond industry and is specifically designed to be understood by the consumer.
Members of the global diamond trade may face arbitration for dealing in diamonds with a color grading that differs with industry standards by more than one grade, according to a new policy issued by several industry organizations. The policy statement, obtained by Rapaport News last week, was formulated by the World Federation of Diamond Bourses (WFDB), the International Diamond Manufacturers Association (IDMA) and CIBJO – The World Jewellery Confederation.
CIBJO President Gaetano Cavalieri has released a report covering the organization’s activities and issues on a variety of issues.
The report, issued at the opening of CIBJO's annual congress taking place this week in Salvador, Brazil, documents the body's action items over the past year, covering a range of subjects, including the state of small and medium-sized jewelry companies and ethical issues related to grading and grading reports.
The 2015 CIBJO Congress will take place in Salvador, Brazil, from May 4 to 7, and will include meetings of different working groups called sectors and commissions, each of which will focus on a different sector of the jewelry industry.
The president of the World Jewellery Confederation, which represents members of all the jewelry industry pipeline and national jewelry associations from more than 40 countries, was speaking ahead of the CIBJO Congress which starts on May 4.
CIBJO's Marketing & Education Commission has published its Special Report which will provide an outline for talks for the industry as part of the CIBJO Congress to be held in Brazil from May 4 to 7.
The session on ethical social responsibility standards for the jewelry industry will take place on January 25 at the VicenzaOro winter edition at the Fiera di Vicenza. Held together with CIBJO, the World Jewellery Confederation, it is being held within the framework of the United Nation's Economic and Social Council development of educational program.
Having boycotted the World Diamond Council’s annual meeting, which took place in Antwerp in October, the WFDB and CIBJO and are back to “…pled [ging] our continuous and full support to the WDC and its objectives.”