The Only Guide to The Diamond Box

The Only Guide to The Diamond Box

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What Does The Diamond Box Mean?

According to an RJC auditor, distributors only need to promise that they carry out solid human civil liberties due persistance, however do not provide any evidence for this. Neither does the Code of Practices need jewelersor various other downstream companiesto have traceability or chain of custody of their gold or rubies. The Code of Practices is also weak in various other substantive areas, for instance, on indigenous peoples' civil liberties and on resettlement.


For instance, in March 2017, the RJC had 342 participants who had not (yet) finished the audit process that licenses conformity with the Code of Practices. Furthermore, firms can sign up with at any type of degree of their operations. A little subsidiary office of a huge precious jewelry business could use for RJC membership, without including the remainder of the business's entities.


Ultimately, the Code of Practices does not require business to openly report on the concrete steps they have actually taken to perform due diligencea core demand of the OECD Guidance. Its coverage responsibilities are unclear and do not discuss due diligence or the requirement for business to report on the actions they have taken to identify, assess, and alleviate risks in their supply chains

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A second RJC standard, the Chain-of-Custody Criterion, promotes traceability and is more extensive, but adherence to it is optional for RJC participants. By early 2018, only 48 of over 1,000 participant companies had actually licensed entities under the requirement, including 13 jewelry experts. The Chain-of-Custody Standard needs companies to establish docudrama evidence of company deals along the supply chain and to validate they are not triggering adverse impacts in conflict-affected and high-risk locations.


Instead, business are permitted to pick some "entities" under their control for accreditation, leaving other entities of a firm uncertified. While this might enable business to gradually switch to even more accountable sourcing techniques, the present technique likewise lugs the risk that an entire business enjoys the reputational benefit when most of operations is not in compliance with the criterion.


All RJC participant companies need to undergo an audit to show that they are compliant with the Code of Practices, and to receive certification. Those business that pick to acquire certification for the Chain-of-Custody Criterion have to undergo a different audit. Audits are based mainly on a review of the firm's written policies and documentation, and brows through to a "representative visit their website collection" of facilities.

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It is not an extensive assessment regarding whether the company in fact applies or abides by its plans throughout its operations. As an example, large companies might have procedures in numerous countries, and rely upon lots of distributors, yet still may receive RJC accreditation based on check outs to just a few facilities under its direct control without any kind of assessment of lots of others.


Audits are expected to include questions on a broad range of human civil liberties, auditors are not always certified human legal rights professionals (Seiko Watches). As soon as the auditors finish their record, they just submit a recap report of the audit to the RJC, not the complete audit report, which is shared just with the company




While labor abuses prevail in the sector, artisanal mines give revenue for millions of employees and hundreds of mining neighborhoods. Human being Civil liberty Watch thinks that the jewelry sector should make every effort to ensure that their initiatives to reduce supply chain human rights risks do not lead them to simply omit all artisanal providers from their supply chains as the "course of the very least resistance." Rather, they need to sustain efforts to define and professionalize artisanal mines and improve working conditions.


The OECD Charge Persistance Assistance identifies this and is promoting cost-sharing within the market. This way, all companies along the supply chain share the monetary burden. A number of efforts have arised that can aid jewelry experts map their gold and rubies to mines of beginning, and a lot more responsibly resource from the artisanal sector.

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About 600 adult miners have actually been registered at six mine websites; children can not sign up. Qualification of certain mines against accountable sourcing criteria can supply jewelry experts with greater assurance that the gold or diamonds they buy from those mines are not polluted by civils rights abuses. Nongovernmental organizations such as Solidaridad and influence can play a vital role in supporting mines to improve practices so they have the ability to follow the standard; this may consist of actions to take on child labor, boost environmental conduct, access money, and develop straight contact with purchasers.


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2 standardscertify artisanal and small-scale gold mines that adapt to human civil liberties, labor legal rights, and environmental standardsthe Fairmined Standard and the Fairtrade Gold Criterion (Tissot Watches). Depending on the consumer's license with Fairmined, the gold might be totally traceable to the mine of origin, or might be blended with various other gold.




This quantity is simply a tiny fraction of the gold made use of each year by several of the companies taken a look at in this record. As of very early 2018, eight mines in 4 nations (Bolivia, Colombia, Mongolia, and Peru) were certified, with an additional 20 mining companies functioning towards accreditation. The Fairmined Gold Standard is currently creating a new "market entrance" criterion that seeks to assist artisanal cash cow in the process in the direction of complete accreditation.

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It is administered under the umbrella of Fairtrade International, and allows jewelry experts to map their gold back right to the mine of beginning. Fairtrade's first licensed mines remained in Peru. Over the last few years, the Fairtrade Structure, 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, accredited an artisanal cash cow in Uganda.

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