Why so many hate the Kimberley Process—but don’t leave
The Kimberley Process [ended its virtual plenary the week of November 12], and it [looked like that would follow] an all-too-familiar pattern.
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ALROSA consolidates its ranking in the 2021 S&P Global Corporate Sustainability Assessment
Press release – ALROSA has confirmed its commitment to sustainability by improving its score in the S&P Global Corporate Sustainability Assessment 2021, one of the most renowned ratings for corporate sustainability worldwide. ALROSA improved its company score from 34 in 2020 to 44 in 2021, raising its percentile ranking from 43 percent in 2020 to […]
WDC President expresses cautious optimism at close of 2021 KP Plenary, citing the KP’s progress in welcoming the Principles for Responsible Diamond Sourcing
Press release – WDC President Edward Asscher struck a positive tone in a statement made at end of the Closing Session of the 2021 Kimberley Process (KP) Plenary on November 12, noting that he was encouraged by the KP’s constructive discussions and its welcoming of a Declaration on Supporting Principles for Responsible Diamond Sourcing as […]
Marange diamond protests: What the industry should know
A company called Anjin is mining in Zimbabwe again, stirring up protests among area residents that resulted in 29 arrests.
Now is the time for action on expanding conflict diamonds definition,WDC President tells delegates at start of 2021 KP Plenary
Press release – Speaking to the full assembly of delegates during the Opening Session of the 2021 Kimberley Process (KP) Plenary, World Diamond Council President Edward Asscher has reasserted the need for Kimberley Process members to agree to expand the conflict diamond definition in order to support long-term consumer confidence.
Yes, diamonds do good. But what happens when they don’t?
[During the week of October 25], De Beers released a report that showed that, when consumers buy diamonds—younger ones in particular—they rank sustainability concerns above traditional factors such as style and price. They want good environmental stewardship and support for local communities.
Coining new terms
Cryptocurrencies present opportunities to boost the diamond trade, but risks abound.
Why the Pandora Papers matter
Once again, there has been a massive leak of confidential data from offshore jurisdictions—this time, the biggest one ever, called the Pandora Papers—and once again, we find the names of several diamond industry members in that data.
RJC, luxury brands launch environmental initiative
The Responsible Jewellery Council (RJC) has partnered with Kering and Cartier to challenge companies to meet environmental targets.
Has De Beers cracked the fair trade diamond code?
Fifteen years ago, I went on a trade mission to Sierra Leone organized by Martin Rapaport. It was right before the movie Blood Diamond, starring Leonardo DiCaprio, came out, and people in the country were worried the film would hurt its already fragile economy—in particular its diamond industry, which employs an estimated 300,000 to 400,000 people.
Diamond verification program broadens scope
The Natural Diamond Council (NDC) has expanded its Assure verification program to include diamond-set jewelry.
Brad Brooks-Rubin joins RJC as North American lead
The Responsible Jewellery Council has tapped Brad Brooks-Rubin, the former special advisor for conflict diamonds at the U.S. State Department, to be its lead in Washington, D.C.
