The R&M “Lettre”

Two more luxury brands have curtailed their involvement in the Responsible Jewellery Council (RJC) as the fallout from the Russia-Ukraine war continues.

The Russian diamond miner’s membership had been a point of contention, causing major companies to leave the organization.

Press release – Six months since the creation of the Watch & Jewellery Initiative 2030, membership has risen with new members, representing brands from different market segments, marking a level of diversity that is key to ensure the industry creates a durable and positive impact for the panel and for people.

It’s a question that’s been on Editor-in-Chief Michelle Graff’s mind since Feb. 24.

Press release – ALROSA has voluntarily stepped down from the position of Vice-Chair of RJC, temporarily leaving the Board of Directors.

Iris Van der Veken has resigned as executive director of the Responsible Jewellery Council (RJC), in response to how it is handling the current status of Russian diamond miner Alrosa, sources tell JCK.

At an industry event last week, an old friend reproached me for my recent headline that called allowing imports of Russian-mined diamonds that were cut elsewhere a “loophole.”

For a group comprising more than 80 countries, the Kimberley Process (KP) has generally operated apart from global politics. There have been occasional exceptions: In 2007, the Chinese delegation reportedly interrupted the KP plenary until the Taiwanese delegation was forced to leave.

Russia’s invasion of Ukraine is another defining moment for the diamond industry.

Dear Readers As you already know, the sanctions against Russia continue and are being strengthened in the hope of bringing an end to this devastating and senseless war.

  The company is also suspending its membership and halting financial support of the Natural Diamond Council.

Sustainability Trends of 2022: An open letter to business leaders in the jewellery industry.