On the occasion of the launch of their latest Progress Report, Responsible Jewellery Council (RJC) released its ‘Create Beautiful’ video, to showcase and encourage sustainability action throughout the supply chain. The video features CEOs from some of the leading names in the jewellery and watch industry, as well as special interest groups.
The World Diamond Council (WDC) and Responsible Jewellery Council (RJC) have entered a cross-membership partnership and signed mutual codes of conduct. The two leading diamond and jewelry industry organizations are dedicated to the adoption of responsible business practices across the supply chain.
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.
We at ABN AMRO support initiatives that create more insight into the value chain, its key players, engages with the right side of the market and excludes areas which show less transparency or no willingness to learn and improve. We see other banks doing the same more and more. In the end there will only be credit lines available for companies with good corporate standards and track record, whether they are small or big doesn't matter ... We expect more consolidation and certain companies going out of business.
Diamonds are an emotional product and it is our collective responsibility as an industry to provide consumers with confidence in the diamonds they purchase. De Beers supports robust and aligned standards in the jewelry industry that ensure that the supply chain is monitored and provenance is assured. We are therefore pleased that our sightholders can demonstrate compliance to the Responsible Sourcing Protocol for Diamonds through the Best Practice Principles.
Professional Jeweller attended Signet Jewelers has held a roundtable event in London for the U.K. industry to discuss its Responsible Sourcing Protocol for Diamonds (D-SRSP), which aims to provide increased transparency and continuous improvement in the integrity of the global diamond supply. Signet consulted with De Beers and the Responsible Jewellery Council (RJC) in developing the D-SRSP which adheres to both De Beers’ Best Practice Principles (BPPs) and RJC standards, the event was told according to Professional Jeweller.
The Responsible Jewellery Council (RJC) has appointed Anne-Marie Fleury as standards and impacts director where she joins the recently appointed Bethan Herbert who is certification and impacts manager and Maria Mursell who is training and assurance manager.
The Responsible Jewellery Council (RJC) said that the provenance claims provision in its 2013 Code of Practices should satisfy a diamond company’s need to trace its diamonds across the distribution chain. The comment came in the response to a Rapaport News request for comment on an article exploring whether a sufficient audit trail could be implemented to support a chain of custody for diamonds.
RJC friday announced Vacheron Constantin, the Swiss watchmaker, and jewelry manufacturer Berker Bros Ltd have achieved Certification against the 2013 Code of Practices (COP) by meeting the highest ethical, social and environmental standards established by the RJC. Eurocantera S.A. de C.V., the Honduras-based gold miner, has achieved Certification against the RJC Chain-of-Custody (CoC) Standard. This is the first mining member of the RJC to achieve CoC Certification.
The Board of the Responsible Jewelry Council (RJC) is holding its AGM at the Bharat Diamond Bourse in Mumbai where it was announced that James Courage is to be the RJC Chairman. The directors are visiting Surat diamond manufacturing facilities and jewelry manufacturing factories in the SEEPZ special tax-free economic zone.
A session on the regulation of conflict minerals at the BaselWorld show by the Responsible Jewellery Council was attended by 45 delegates from many diamond and jewelry industry related organizations including CIBJO, BJOP, the GIA, Cartier, Signet, and representatives of banks and NGOs.