All about The Diamond Box

All about The Diamond Box

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According to an RJC auditor, vendors just require to promise that they conduct strong civils rights due persistance, but do not give any proof for this. Neither does the Code of Practices call for jewelersor other downstream companiesto have traceability or chain of safekeeping of their gold or diamonds. The Code of Practices is also weak in other substantive areas, for instance, on native peoples' legal rights and on resettlement.


For instance, in March 2017, the RJC had 342 members who had not (yet) completed the audit process that licenses conformity with the Code of Practices. Additionally, companies can sign up with at any kind of level of their operations. A tiny subsidiary office of a huge jewelry company might apply for RJC subscription, without including the rest of the firm's entities.


Ultimately, the Code of Practices does not call for business to publicly report on the concrete actions they have actually required to carry out due diligencea core need of the OECD Assistance. Its reporting responsibilities are obscure and do not point out due persistance or the requirement for companies to report on the steps they have taken to recognize, evaluate, and alleviate threats in their supply chains

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A 2nd RJC criterion, the Chain-of-Custody Criterion, promotes traceability and is a lot more rigorous, yet adherence to it is optional for RJC members. By early 2018, only 48 of over 1,000 member companies had actually accredited entities under the requirement, including 13 jewelers. The Chain-of-Custody Criterion needs companies to establish documentary evidence of business purchases along the supply chain and to confirm they are not triggering negative effects in conflict-affected and high-risk locations.


Rather, companies are permitted to pick some "entities" under their control for qualification, leaving other entities of a company uncertified. While this might enable business to slowly switch to even more liable sourcing practices, the present practice additionally carries the risk that an entire firm enjoys the reputational advantage when the majority of procedures is not in conformity with the criterion.


All RJC member firms have to undergo an audit to demonstrate that they are compliant with the Code of Practices, and to receive qualification. Those companies that select to obtain accreditation for the Chain-of-Custody Requirement have to go through a separate audit. Audits are based mostly on a testimonial of the business's composed plans and documents, and check outs to a "depictive collection" of facilities.

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It is not a thorough evaluation concerning whether the firm in fact implements or follows its plans throughout its operations. Large firms may have procedures in multiple nations, and count on several distributors, but still may obtain RJC qualification based on brows through to only a few facilities under its straight control without any assessment of several others.


Audits are expected to consist of concerns on a wide range of human legal rights, auditors are not always qualified human civil liberties experts (Citizen Watches). Once the auditors complete their report, they only submit a summary record of the audit to the RJC, not the complete audit record, which is shared only with the firm




While labor misuses are prevalent in the industry, artisanal mines provide earnings for millions of employees and thousands of mining neighborhoods. Human Rights Watch thinks that the precious jewelry market should strive to guarantee that their efforts to minimize supply chain human civil liberties threats do not lead them to just leave out all artisanal distributors from their supply chains as the "course of least resistance." Rather, they should support initiatives to define and professionalize artisanal mines and improve functioning conditions.


The OECD Fee Persistance Advice recognizes this and is promoting cost-sharing within the market. This way, all companies along the supply chain share the monetary worry. A number of initiatives have emerged that can aid jewelers trace their gold and diamonds to mines of beginning, and a lot more responsibly source from the artisanal field.

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Concerning 600 grown-up miners have been registered at 6 mine sites; children can not register. Certification of particular mines against accountable sourcing criteria can supply jewelers with higher assurance that directory the gold or diamonds they buy from those mines are not tainted by human legal rights misuses. Nongovernmental organizations such as Solidaridad and effect can play a key role in sustaining mines to boost techniques so they have the ability to follow the criterion; this might consist of steps to deal with youngster labor, enhance environmental conduct, accessibility money, and develop straight call with purchasers.


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2 standardscertify artisanal and small gold mines that adhere to civils rights, labor legal rights, and environmental standardsthe Fairmined Standard and the Fairtrade Gold Standard. Both require third-party audits of specific mines. The Fairmined Standard was presented by the Partnership for Liable Mining (ARM) in 2014. Depending on the customer's license with Fairmined, the gold may be fully deducible to the mine of origin, or might be blended with other gold.




This quantity is simply a tiny portion of the gold used yearly by several of the firms examined in this record. Since very early 2018, 8 mines in four nations (Bolivia, Colombia, Mongolia, and Peru) were accredited, with an extra 20 mining organizations functioning towards qualification. The Fairmined Gold Requirement is presently establishing a brand-new "market entry" criterion that seeks to aid artisanal golden goose while doing so in the direction of complete certification.

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It is administered under the umbrella of Fairtrade International, and allows jewelry experts to trace their gold back right to the mine of beginning. Fairtrade's very first qualified mines remained in Peru. Over the last few years, the Fairtrade Structure, Solidaridad, and other NGOs conducted a program of training and assistance to artisanal and small gold miners in Africa, and in very early 2017, certified an artisanal cash cow in Uganda.

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