ALL ABOUT THE DIAMOND BOX

All about The Diamond Box

All about The Diamond Box

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The Only Guide to The Diamond Box


According to an RJC auditor, suppliers only require to promise that they conduct solid human rights due diligence, yet do not give any kind of evidence for this. Neither does the Code of Practices require jewelersor various other downstream companiesto have traceability or chain of custodianship of their gold or diamonds. The Code of Practices is also weak in various other substantive areas, for instance, on indigenous peoples' civil liberties and on resettlement.


For instance, in March 2017, the RJC had 342 participants that had not (yet) finished the audit process that licenses compliance with the Code of Practices. Furthermore, companies can sign up with at any degree of their operations. A small subsidiary office of a big jewelry firm can use for RJC membership, without including the remainder of the company's entities.


Finally, the Code of Practices does not require companies to publicly report on the concrete actions they have actually required to carry out due diligencea core need of the OECD Advice. Its coverage obligations are unclear and do not state due diligence or the demand for firms to report on the actions they have actually taken to recognize, assess, and reduce threats in their supply chains


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A second RJC standard, the Chain-of-Custody Requirement, promotes traceability and is much more rigorous, however adherence to it is optional for RJC members. By very early 2018, only 48 of over 1,000 member companies had certified entities under the requirement, including 13 jewelry experts. The Chain-of-Custody Requirement requires companies to establish documentary proof of business deals along the supply chain and to verify they are not creating adverse impacts in conflict-affected and high-risk areas.


Instead, firms are enabled to choose some "entities" under their control for certification, leaving various other entities of a firm uncertified. While this may allow for companies to gradually change over to even more accountable sourcing techniques, the present method also carries the threat that a whole business takes pleasure in the reputational advantage when the majority of operations is not in conformity with the requirement.


All RJC member business have to go through an audit to demonstrate that they are compliant with the Code of Practices, and to obtain certification. Those business that choose to obtain certification for the Chain-of-Custody Requirement need to undertake a different audit. Audits are based primarily on a review of the firm's composed policies and documentation, and sees read this article to a "representative set" of centers.


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Black Diamond JewelleryG Shock Watches
It is not a comprehensive evaluation regarding whether the company actually applies or follows its plans throughout its procedures. Big companies may have operations in numerous countries, and count on numerous distributors, however still may obtain RJC qualification based on visits to just a few facilities under its straight control without any assessment of lots of others.


Audits are intended to consist of questions on a broad range of human civil liberties, auditors are not always qualified human legal rights professionals (diamond earrings). As soon as the auditors finish their record, they only send a summary record of the audit to the RJC, not the full audit record, which is shared only with the firm




While labor misuses prevail in the market, artisanal mines supply earnings for numerous workers and countless mining areas. Human Legal right Watch believes that the jewelry industry must strive to make certain that their efforts to mitigate supply chain civils rights dangers do not lead them to simply leave out all artisanal suppliers from their supply chains as the "path of least resistance." Instead, they need to sustain initiatives to define and professionalize artisanal mines and improve functioning problems.


The OECD Charge Diligence Assistance identifies this and is advertising cost-sharing within the market. In this way, all companies along the supply chain share the economic burden. A number of campaigns have emerged that can aid jewelers map their gold and diamonds to mines of beginning, and much more sensibly resource from the artisanal industry.


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Seiko WatchesCitizen Watches
About 600 grown-up miners have actually been signed up at six mine sites; kids can not register. Accreditation of details mines against accountable sourcing standards can provide jewelers with higher guarantee that the gold or rubies they buy from those mines are not polluted by civils rights abuses. Nongovernmental companies such as Solidaridad and IMPACT can play an essential role in supporting mines to boost practices so they have the ability to follow the requirement; this may include actions to deal with youngster labor, improve ecological conduct, gain access to financing, and develop direct contact with buyers.


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2 standardscertify artisanal and small gold mines that adapt to human civil liberties, labor rights, and environmental standardsthe Fairmined Requirement and the Fairtrade Gold Criterion (Seiko Watches). Depending on the consumer's permit with Fairmined, the gold might be fully traceable to the mine of origin, or might be blended with other gold.




This quantity is simply a little portion of the gold utilized each year by numerous of the firms examined in this report. As of very early 2018, 8 mines in four nations (Bolivia, Colombia, Mongolia, and Peru) were accredited, with an added 20 mining companies functioning in the direction of accreditation. The Fairmined Gold Standard is currently creating a new "market entrance" standard that looks for to help artisanal gold mines while doing so towards complete accreditation.


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It is carried out under the umbrella of Fairtrade International, and permits jewelry experts to trace their gold back all the means to the mine of origin. Fairtrade's initial licensed mines were in Peru. Over the last few years, the Fairtrade Foundation, Solidaridad, and various other NGOs carried out a program of training and assistance to artisanal and small gold miners in Africa, and in very early 2017, accredited an artisanal golden goose in Uganda.

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