About The Diamond Box

About The Diamond Box

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The Diamond Box - The Facts

According to an RJC auditor, vendors only need to promise that they perform solid human rights due diligence, however do not give any kind of evidence for this. Neither does the Code of Practices call for jewelersor various other downstream companiesto have traceability or chain of guardianship of their gold or rubies. The Code of Practices is additionally weak in other substantive locations, for example, on native peoples' rights and on resettlement.


In March 2017, the RJC had 342 participants who had not (yet) finished the audit process that accredits conformity with the Code of Practices. Furthermore, business can sign up with at any type of degree of their procedures. A tiny subsidiary workplace of a big fashion jewelry firm can use for RJC subscription, without consisting of the remainder of the company's entities.


The Code of Practices does not need business to publicly report on the concrete actions they have taken to carry out due diligencea core requirement of the OECD Advice (tennis bracelets). Its reporting obligations are obscure and do not discuss due diligence or the requirement for companies to report on the steps they have required to identify, evaluate, and mitigate risks in their supply chains

Facts About The Diamond Box Revealed

A 2nd RJC criterion, the Chain-of-Custody Criterion, promotes traceability and is much more rigorous, however adherence to it is optional for RJC participants. By very early 2018, only 48 of over 1,000 participant companies had accredited entities under the standard, consisting of 13 jewelry experts. The Chain-of-Custody Standard requires business to establish docudrama evidence of business purchases along the supply chain and to verify they are not causing negative influences in conflict-affected and risky locations.


Instead, companies are allowed to choose some "entities" under their control for qualification, leaving various other entities of a business uncertified. While this may allow for firms to progressively switch to even more accountable sourcing practices, the present practice also carries the danger that an entire company takes pleasure in the reputational advantage when most of operations is not in compliance with the criterion.


All RJC member firms need to undertake an audit to show that they are compliant with the Code of Practices, and to get qualification. Those business that pick to get accreditation for the Chain-of-Custody Criterion need to undergo a different audit. Audits are based mostly on a testimonial of the firm's composed plans and documents, and visits to a "depictive collection" of centers.

The Of The Diamond Box

It is not a thorough examination concerning whether the firm really carries out or complies with its policies throughout its operations. As an example, big business might have procedures in several nations, and depend on several suppliers, but still may get RJC accreditation based upon visits to only a couple of facilities under its direct control with no evaluation of many others.


Although audits are meant to consist of questions on a wide variety of civils rights, auditors are not constantly qualified civils rights experts. When the auditors complete their record, they only submit a summary report of the audit to the RJC, not the full audit record, which is shared only with the company




While labor abuses are widespread in the sector, artisanal mines supply income for numerous employees and thousands of mining communities. Person Rights Watch believes that the precious jewelry sector should aim to make sure that their efforts to minimize supply chain human civil liberties risks do not lead them to simply exclude all artisanal vendors from their supply chains as the "course of least resistance." Instead, they must support efforts to define and professionalize artisanal mines and boost working conditions.


The OECD Due Diligence Assistance recognizes this and is promoting cost-sharing within the sector. That way, all companies along the supply chain share the monetary concern. A number of efforts have arised that can aid jewelry experts trace their gold and rubies to mines of beginning, and a lot more responsibly source from the artisanal sector.

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Regarding 600 adult miners have actually been registered at 6 mine sites; youngsters can not register. Qualification of certain mines against liable sourcing standards can provide jewelers with better guarantee that the gold or rubies they buy from those mines are not polluted by human legal rights abuses. Nongovernmental organizations such as Solidaridad and influence can play a key role in supporting mines to boost methods so they are able to adhere to the criterion; this may include steps to take on youngster labor, boost ecological conduct, access financing, and develop direct contact with purchasers.


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Two standardscertify artisanal and small gold mines that adapt to human rights, labor civil liberties, and environmental standardsthe Fairmined Requirement and the Fairtrade Gold Standard (moissanite rings). Depending on the consumer's license with Fairmined, the gold may be completely traceable to the mine of origin, or may be mixed with various other gold.




This quantity is simply a little portion of the gold utilized every year by several of the firms analyzed in this report. As of very early 2018, eight mines in 4 nations (Bolivia, Colombia, Mongolia, and Peru) were certified, with an extra 20 mining organizations working towards accreditation. The Fairmined Gold Standard is currently developing a new "market access" requirement that looks for to help artisanal golden goose while doing so in the direction of full qualification.

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It is carried out under the umbrella of Fairtrade International, and permits jewelry experts to map their gold back right to the mine of beginning. Fairtrade's initial qualified mines remained in Peru. Over the last couple of years, the Fairtrade Structure, Solidaridad, and other NGOs carried out a program of training and support to artisanal and small gold miners in Africa, and in very early 2017, accredited an this post artisanal cash cow in Uganda.

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