The The Diamond Box PDFs

The The Diamond Box PDFs

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If distributors fall short to fulfill the Vendors' Standard Procedure, the business may end contracts with those suppliers, and has done so in numerous circumstances. Tiffany formerly sourced from the Octea ruby mine in Sierra Leone, which has actually been linked with claims of labor legal rights misuse and corruption; yet notified Civils rights View that it stopped sourcing from Octea in March 2017.


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Support for artisanal and small mining: Tiffany and Co. has actually supplied financial backing for the Ruby Growth Initiative and the Institute for Environment and Development to assist formalize and promote responsible artisanal mining in both the diamond and gold industries. It does not source from artisanal mines but states that it is checking out the possibility of sourcing artisanally-mined metals that have been certified by 3rd events as responsibly managed, and hopes to begin such purchase quickly.


This had been uncertain from a previous feedback to Human being Civil liberty Watch. Bulgari is an Italian jewelry expert, had by the French luxury group LVMH Moet Hennessy Louis Vuitton S.E. (LMVH). The firm has about 200 stores around the world. LVMH's precious jewelry business had an overall income of $3.4 billion in 2016; the earnings of specific firms is not made public.


Bulgari's moms and dad business, LVMH, has a more thorough Provider's Standard procedure with stipulations on labor civil liberties and environment that additionally relate to Bulgari. LVMH's Code was under modification in late 2017 and Bulgari has educated Human Legal rights Watch that it will certainly evaluating its Code of Ethics to reflect the adjustments.

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The danger analysis likewise consists of brows through roughly annually to countries where Bulgari sources or is taking into consideration sourcing, and that are thought about extra high-risk. In October 2017, Bulgari stated that it plans to work with vendors to enhance and enlarge its due persistance procedures, to ensure it puts on the entire supply chain, consisting of on-the-ground mine assessments.


When Bulgari finds that a vendor is not in compliance with its requirements, the business claims it usually gives the provider in between one and 6 months to correct the problem. Third-party confirmation: Bulgari is licensed versus the Code of Practices and the Chain-of-Custody Criterion of the RJC. Bulgari states that it conducts third-party audits of its vendors.






It shared the names of its gold suppliers with Civils rights View on a private basis. Support for artisanal and small-scale mining: Bulgari does not join a specialized program to resource from artisanal and small mines or assistance efforts for accountable small mining. Cartier was established in Paris in 1847 and has because come to be one of world's biggest and most popular precious jewelry brand names.


Its 2016 sales were around $5.7 billion. Cartier is owned by Richemont, a deluxe goods group based in Switzerland, and represents an approximated 45 percent of Richemont's earnings. Cartier reacted to Human Rights Watch's demand for info with three short letters about Cartier's dedication to accountable sourcing and its function in the RJC.

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Cartier has chain of safekeeping for a few of its gold and resources an unrevealed percentage of its gold from a small "version" mine in Honduras. The business, nonetheless, is heavily reliant on the RJC and its accreditation system, which, as described above, has a variety of weak points. Cartier waives audits for vendors that are RJC-certified, the substantial majority of their gold and ruby distributors.


It does not suggest whether it has chain of safekeeping for diamonds. Cartier's corporate responsibility plan does not mention traceability. Cartier's moms and dad company Richemont claims that traceability is a long-lasting goal and an area for renovation for all its companies in the coming years. Richemont's refinery in Switzerland has actually developed resources of gold that it says are either licensed or will come to be accredited versus the RJC Chain-of-Custody Requirement, with a hefty emphasis on recycled gold.


The Vendor Code of Conduct specifies that where third-party audits of providers recognize locations for improvement, Richemont's "Maisons" (brands) adhere to up with remedial action strategies (tennis bracelets). Under the Code, Richemont additionally books the right to terminate company partnerships with distributors that do not comply with its Code of Conduct. It is vague whether Cartier takes independent actions to implement these provisions or considers RJC qualification enough

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The company depends on the RJC bookkeeping procedure for third-party audits of its gold and diamond providers. Providers that are RJC-certified do not need to undertake separate audits against Cartier or Richemont criteria. Yearly coverage: Cartier's plans and approach to accountable sourcing are defined every year in Richemont's Corporate Social Obligation report.


According to Cartier, the mine utilizes neither cyanide neither mercury to extract and process its gold. The mine incorporates a mid-scale cash cow that generates regarding two-thirds of Eurocantera's gold, and an artisanal and small-scale mining community, which produces one-third of the gold. Cartier purchases the entire output of the mine, and refines the gold at a facility in Italy that is entirely devoted to processing gold from the mine.


On the basis of offered info, Civil rights Watch thinks about Pandora to have actually made moderate efforts to guarantee civils rights due diligence. Supply chain plan: Pandora's Supplier's Standard check this procedure becomes part of all agreements with providers, and addresses civils rights, labor rights, environmental management, and organization values. The Supplier Code of Conduct does not apply to the providers' full supply chain, yet just to vendors' subcontractors included in production and manufacturing.


Pandora mentions that in 2016, 91 percent of the gold it acquired was recycled; the rest was freshly extracted - Seiko Watches. Because late 2016, the business has just utilized recycled gold which helps decrease civils rights dangers in its gold supply chain. The company mentions that it may resume acquisitions of recently extracted gold in the future.

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