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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.

Social responsibility

The role of business is expanding. While the need to provide good products at competitive prices remains the same, the definition of “good products” is rapidly evolving. Social responsibility can be seen as a quality attribute that increases the “good” of a product. As in all quality improvements, the higher the quality, the greater the […]