More About The Diamond Box

More About The Diamond Box

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What Does The Diamond Box Do?

According to an RJC auditor, distributors just need to pledge that they perform strong civils rights due diligence, yet do not supply any evidence for this. Neither does the Code of Practices need jewelersor various other downstream companiesto have traceability or chain of guardianship of their gold or diamonds. The Code of Practices is also weak in various other substantive locations, as an example, on native individuals' legal rights and on resettlement.


For instance, in March 2017, the RJC had 342 members who had not (yet) completed the audit process that accredits conformity with the Code of Practices. In addition, business can join at any kind of level of their procedures. A small subsidiary office of a big precious jewelry firm could apply for RJC membership, without consisting of the rest of the company's entities.


The Code of Practices does not call for companies to publicly report on the concrete actions they have taken to perform due diligencea core need of the OECD Assistance (Citizen Watches). Its coverage commitments are unclear and do not point out due persistance or the requirement for companies to report on the steps they have actually required to recognize, evaluate, and alleviate risks in their supply chains

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A 2nd RJC standard, the Chain-of-Custody Criterion, promotes traceability and is a lot more strenuous, but adherence to it is optional for RJC participants. By early 2018, only 48 of over 1,000 participant companies had licensed entities under the standard, including 13 jewelers. The Chain-of-Custody Standard requires firms to develop documentary proof of service purchases along the supply chain and to verify they are not causing damaging effects in conflict-affected and risky locations.


Instead, business are permitted to select some "entities" under their control for certification, leaving various other entities of a company uncertified. While this might enable for business to progressively change over to more responsible sourcing methods, the existing practice also carries the danger that an entire business takes pleasure in the reputational benefit when the bulk of procedures is not in conformity with the standard.


All RJC participant firms have to undertake an audit to show that they are compliant with the Code of Practices, and to obtain qualification. Those companies that pick to obtain certification for the Chain-of-Custody Standard have to undergo a different audit. Audits are based mostly on a review of the company's created policies and paperwork, and brows through to a "representative collection" of centers.

Excitement About The Diamond Box

It is not an in-depth exam regarding whether the company really carries out or follows its policies throughout its operations. For instance, large companies may have procedures in several countries, and depend on several vendors, yet still might receive RJC certification based on sees to just a couple of centers under its straight control without dig this any kind of evaluation of several others.


Although audits are intended to include inquiries on a wide variety of civils rights, auditors are not constantly qualified civils rights specialists. When the auditors finish their report, they just submit a summary report of the audit to the RJC, not the complete audit record, which is shared just with the firm




While labor misuses are extensive in the industry, artisanal mines offer earnings for millions of workers and thousands of mining areas. Civil rights Watch thinks that the fashion jewelry industry ought to strive to guarantee that their initiatives to alleviate supply chain human civil liberties risks do not lead them to merely exclude all artisanal distributors from their supply chains as the "course of the very least resistance." Rather, they must support efforts to formalize and professionalize artisanal mines and boost working conditions.


The OECD Due Persistance Guidance recognizes this and is promoting cost-sharing within the sector. That way, all companies along the supply chain share the monetary problem. A variety of initiatives have emerged that can assist jewelry experts map their gold and rubies to mines of beginning, and much more responsibly source from the artisanal market.

What Does The Diamond Box Mean?

Regarding 600 grown-up miners have been registered at 6 mine websites; kids can not sign up. Qualification of certain mines against accountable sourcing requirements can supply jewelers with greater assurance that the gold or diamonds they purchase from those mines are not tainted by human legal rights abuses. Nongovernmental organizations such as Solidaridad and effect can play a key duty in supporting mines to boost methods so they are able to follow the criterion; this might consist of actions to tackle youngster labor, boost ecological conduct, accessibility financing, and develop straight call with purchasers.


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2 standardscertify artisanal and small gold mines that adapt to human civil liberties, labor rights, and ecological standardsthe Fairmined Standard and the Fairtrade Gold Standard (Citizen Watches). Depending on the customer's permit with Fairmined, the gold may be completely traceable to the mine of beginning, or might be blended with various other gold.




This quantity is simply a little fraction of the gold used yearly by several of the companies analyzed in this report. As of early 2018, 8 mines in four countries (Bolivia, Colombia, Mongolia, and Peru) were certified, with an additional 20 mining companies functioning in the direction of qualification. The Fairmined Gold Criterion is currently creating a brand-new "market entrance" requirement that looks for to aid artisanal cash cow while doing so towards complete accreditation.

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It is administered under the umbrella of Fairtrade International, and allows jewelers to trace their gold back all the means to the mine of beginning. Fairtrade's very first licensed mines were in Peru. Over the last few years, the Fairtrade Structure, Solidaridad, and other NGOs carried out a program of training and support to artisanal and small-scale gold miners in Africa, and in early 2017, licensed an artisanal golden goose in Uganda.

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