All about The Diamond Box

All about The Diamond Box

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What Does The Diamond Box Do?

According to an RJC auditor, providers only need to promise that they conduct strong civils rights due diligence, yet do not offer any type of proof for this. Neither does the Code of Practices call for jewelersor other downstream companiesto have traceability or chain of wardship of their gold or diamonds. The Code of Practices is additionally weak in other substantive locations, for instance, on indigenous individuals' rights and on resettlement.


As an example, in March 2017, the RJC had 342 participants that had not (yet) completed the audit process that accredits conformity with the Code of Practices. On top of that, companies can join at any degree of their operations. A tiny subsidiary office of a huge jewelry company can apply for RJC membership, without consisting of the remainder of the company's entities.


Lastly, the Code of Practices does not need companies to publicly report on the concrete actions they have taken to conduct due diligencea core need of the OECD Guidance. Its reporting obligations are vague and do not point out due persistance or the requirement for companies to report on the actions they have taken to identify, analyze, and alleviate threats in their supply chains

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A second RJC requirement, the Chain-of-Custody Criterion, promotes traceability and is a lot more extensive, however adherence to it is optional for RJC participants. By early 2018, just 48 of over 1,000 participant firms had licensed entities under the standard, including 13 jewelers. The Chain-of-Custody Criterion requires business to develop documentary evidence of company transactions along the supply chain and to verify they are not creating adverse influences in conflict-affected and high-risk areas.


Instead, companies are permitted to select some "entities" under their control for accreditation, leaving other entities of a company uncertified. While this may enable firms to slowly switch to even more accountable sourcing methods, the current method additionally lugs the risk that an entire company appreciates the reputational advantage when most of procedures is not in conformity with the standard.


All RJC member business need to go through an audit to show that they are certified with the Code of Practices, and to obtain accreditation. Those firms that pick to get certification for the Chain-of-Custody Criterion have to undergo a separate audit. Audits are based mainly on a review of the business's composed policies and paperwork, and brows through to a "depictive collection" of facilities.

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It is not an extensive exam concerning whether the company in fact applies or abides by its policies throughout its procedures. As an example, large companies may have operations in several nations, and depend on several suppliers, but still may get RJC accreditation based on check outs to only a few facilities under its direct control without any evaluation of numerous others.


Although audits are supposed to include inquiries on a wide variety of human legal rights, auditors are not always certified civils rights specialists. As soon as the auditors complete their report, they just submit a recap report of the audit to the RJC, not the full audit record, which is shared just with the business




While labor abuses prevail in the sector, artisanal mines supply income for numerous employees and countless mining communities. Civil rights Watch thinks that the precious jewelry market must aim to make sure that their efforts to minimize supply chain civils rights dangers do not lead them to just leave out all artisanal suppliers from their supply chains as the "path of the very least resistance." Rather, they should support initiatives to define and professionalize artisanal mines and improve functioning problems.


The OECD Due Diligence Advice recognizes this and is promoting cost-sharing within the market. In this way, all firms along the supply chain share the economic burden. A number of initiatives have actually arised that can aid jewelers map their gold and rubies to mines of beginning, and more responsibly source from the artisanal field.

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Regarding 600 grown-up miners have been registered at 6 mine sites; children can not sign up. Qualification of particular mines versus responsible sourcing requirements can supply jewelry experts with better assurance that the gold or diamonds they purchase from those mines are not tainted by human rights abuses. Nongovernmental companies such as Solidaridad and effect can play a vital duty in sustaining mines to improve practices so they are able to abide by the criterion; this may consist of actions to take on child labor, enhance ecological conduct, gain access to financing, and develop direct contact with buyers.


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Two standardscertify artisanal and small-scale golden goose that conform to human legal rights, labor legal rights, and ecological standardsthe Fairmined Standard and the Fairtrade Gold Standard. Both need third-party audits of private mines. The Fairmined Criterion was presented by that site the Partnership for Liable Mining (ARM) in 2014. Depending on the client's certificate with Fairmined, the gold may be totally deducible to the mine of beginning, or might be combined with various other gold.




This amount is just a little portion of the gold utilized every year by several of the companies analyzed in this record. As of very early 2018, 8 mines in four countries (Bolivia, Colombia, Mongolia, and Peru) were accredited, with an extra 20 mining organizations working towards certification. The Fairmined Gold Criterion is presently creating a brand-new "market entrance" standard that seeks to aid artisanal golden goose while doing so in the direction of full certification.

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It is provided under the umbrella of Fairtrade International, and enables jewelers to trace their gold back right to the mine of origin. Fairtrade's very first certified mines were in Peru. Over the last couple of years, the Fairtrade Structure, Solidaridad, and various other NGOs performed a program of training and assistance to artisanal and small-scale gold miners in Africa, and in very early 2017, licensed an artisanal golden goose in Uganda.

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