The Definitive Guide to The Diamond Box

The Definitive Guide to The Diamond Box

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The Diamond Box - An Overview

According to an RJC auditor, vendors only require to pledge that they carry out strong human civil liberties due diligence, but do not give any type of evidence for this. Neither does the Code of Practices need jewelersor other downstream companiesto have traceability or chain of guardianship of their gold or rubies. The Code of Practices is likewise weak in various other substantive areas, for example, on aboriginal peoples' legal rights and on resettlement.


For example, in March 2017, the RJC had 342 members who had not (yet) finished the audit procedure that accredits conformity with the Code of Practices. On top of that, firms can join at any type of level of their procedures. For example, a little subsidiary workplace of a huge jewelry business might obtain RJC membership, without consisting of the remainder of the firm's entities.


Lastly, the Code of Practices does not require companies to openly report on the concrete steps they have actually required to perform due diligencea core requirement of the OECD Advice. Its reporting obligations are obscure and do not state due persistance or the requirement for business to report on the steps they have actually required to recognize, examine, and minimize risks in their supply chains

The Diamond Box - The Facts

A second RJC criterion, the Chain-of-Custody Criterion, promotes traceability and is more extensive, but adherence to it is optional for RJC participants. By early 2018, just 48 of over 1,000 participant companies had actually certified entities under the criterion, including 13 jewelry experts. The Chain-of-Custody Requirement calls for business to develop docudrama evidence of service transactions along the supply chain and to verify they are not creating damaging effects in conflict-affected and risky areas.


Rather, companies are permitted to choose some "entities" under their control for accreditation, leaving other entities of a business uncertified. While this may enable business to progressively switch over to even more responsible sourcing techniques, the current method likewise brings the danger that a whole company delights in the reputational benefit when most of procedures is not in conformity with the requirement.


All RJC member firms need to go through an audit to show that they are compliant with the Code of Practices, and to obtain certification. Those business that select to get certification for the Chain-of-Custody Criterion have to go through a different audit. Audits are based mainly on a review of the firm's written plans and documents, and check outs to a "depictive collection" of facilities.

All about The Diamond Box

It is not an extensive assessment regarding whether the company really applies or follows by its policies throughout its operations. Big companies may have procedures in several countries, and count on many vendors, however still might receive RJC accreditation based on brows through to only a couple of centers under its straight control without any kind of evaluation of many others.


Although audits are supposed to consist of concerns on a wide variety of human rights, auditors are not always certified civils rights specialists. As soon as the auditors finish their record, they only send a summary report of the audit to the RJC, not the complete audit record, which is shared just with the company




While labor misuses are prevalent in the sector, artisanal mines offer revenue for countless employees and countless mining areas. Human being Civil liberty Watch believes that the precious jewelry sector need to make every effort to make sure that their efforts to reduce supply chain civils rights threats do not lead them to merely exclude all artisanal providers from their supply chains as the "path of the very least resistance." Instead, they ought to support efforts to define and professionalize artisanal mines and boost working problems.


The OECD Due Diligence Guidance acknowledges this and is advertising cost-sharing within the industry. This way, all business along the supply chain share the monetary concern. A number of initiatives have arised that can help jewelry experts trace their gold and diamonds to mines of origin, and extra properly source from the artisanal field.

9 Simple Techniques For The Diamond Box

Regarding 600 grown-up miners have been registered at 6 mine websites; youngsters can not sign up. Certification of certain mines against responsible sourcing standards can provide jewelry experts with higher assurance that the gold or diamonds they acquire from those mines look at this site are not tainted by human civil liberties misuses. Nongovernmental organizations such as Solidaridad and influence can play a vital function in supporting mines to improve methods so they have the ability to abide by the standard; this might consist of actions to tackle youngster labor, improve environmental conduct, gain access to financing, and establish direct contact with customers.


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2 standardscertify artisanal and small-scale gold mines that conform to human rights, labor civil liberties, and environmental standardsthe Fairmined Requirement and the Fairtrade Gold Standard (G Shock Watches). Depending on the customer's certificate with Fairmined, the gold may be fully traceable to the mine of beginning, or might be mixed with various other gold.




This quantity is simply a tiny portion of the gold made use of yearly by numerous of the business examined in this record. Since very early 2018, eight mines in four nations (Bolivia, Colombia, Mongolia, and Peru) were licensed, with an additional 20 mining companies functioning towards qualification. The Fairmined Gold Criterion is currently establishing a new "market entrance" criterion that seeks to aid artisanal golden goose while doing so in the direction of full certification.

The Diamond Box Fundamentals Explained

It is administered under the umbrella of Fairtrade International, and permits jewelry experts to trace their gold back completely to the mine of beginning. Fairtrade's first licensed mines were in Peru. Over the last few years, the Fairtrade Foundation, Solidaridad, and other NGOs performed a program of training and assistance to artisanal and small-scale gold miners in Africa, and in very early 2017, certified an artisanal gold mine in Uganda.

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