1. Council for Responsible Jewellery Practices, Ltd.
November
2006

2. The Council’s Mission
To promote responsible Ethical, Social and Environmental practices throughout the diamond and gold jewellery supply chain, from mine to retail.
What makes it different from other initiatives:
It is the whole of the diamond and gold jewellery supply chain, from mine to retail
Global effort
Transparent and inclusive, engaging with stakeholders from all society on a regular basis
Not-for-profit organisation
Coordinated approach to addressing ethical, social and environmental challenges will:
drive continuous improvement throughout the jewellery industry
maintain and promote consumer confidence
enable the industry to work together to improve standards and practices
reduce duplication of efforts.
Do this through application at Member organisations of a Responsible Business Framework, currently being developed in consultation with key stakeholders

3. Spot the difference
Spot the differences

5. Conflict… Making it Work November 2005
"Why the Kimberley Process Must Do More to Stop Conflict Diamonds"
Déjà Vu
October 2004
Broken Vows
March 2004
"Exposing the "Loupe" Holes in the Diamond Industry's Efforts"
For a Few Dollars More
April 2003
"Diamond Industry Still Failing to Deliver on Promises"
Conflict Diamonds
May 2000
"How Al Quaeda Moved Into the Diamond Trade"

6. 10 February 2006
Conflict…

7. Jewelry industry loses its sparkle, as children continue to cut and polish!
(…) India, the world’s biggest diamond and gemstone cutting centre polishes 70% of world’s diamond yield. NGOs estimate that children account for 10% of diamond polishers.
Financial Times, June 2002
… and child labour

8. Integrity issues
21 December 2005
8 March 2006

9. February 2006

10. 2006 Valentine's day campaign in the UK

11. Luxury sector where reputation of product is critical
Impact on industry
Luxury sector where reputation of product is critical
Increased reputation risk impacting the public’s trust (product integrity, business integrity and consumer confidence)
Increased regulatory demands by governments (e.g. AML)
Retail jewellers are the face of accountability
(product integrity, business integrity and consumer confidence)
Increased regulatory demands by governments (e.g. AML)
Retail jewellers are the face of accountability for business practices of the companies throughout the entire supply chain
Individual companies have taken proactive steps – more will follow

12. Who are we? Not-for-profit organisation
Coordinated approach to addressing ethical, social and environmental challenges will:
drive continuous improvement throughout the jewellery industry
maintain and promote consumer confidence
enable the industry to work together to improve standards and practices
reduce duplication of efforts.
Do this through application at Member organisations of a Responsible Business Framework, currently being developed in consultation with key stakeholders

13. From mine to retail: The axes of risk
COMMERCIAL MEMBERS
International
mining
Refining
Gold
Small scale
mining
Smelting
Semi- finished product
manufacturing
Finished product manufacturing
Retail
International
mining
Rough trading
Polished trading
Trading
Whole-
sale
Diamonds
Small scale
mining
Preparing
Cutting
Polishing
Sideways and up and down, one of the premises is that we need to drive change throughout he supply chain, it is not just big players, it is not just US retailers, it is everyone ! From mine to retail but also from the big guy to the small guy….

14. Key Challenges Supply chain characteristics Individual sector cultures
Establishing a pattern of cooperation among competitors
Industry politics
Building critical mass while managing anti-trust risk
Managing stakeholder engagement
Multiplicity of competing codes and standards
Current lack of agreed standards and verification as pertains to mining
The temptation of making promises you may be unable to fulfill
Complacency
Lack of ownership
Etc.!
Manage reputational risk
Common baseline standard drawing on existing programs and national laws
Flexible risk based application to meet individual business requirements
Credible implementation process
Sample monitoring of Member’s own facilities and business partners
Continuous improvement