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It was also beginning application in the Autonomous Republic of Congo. A series of actors in the precious jewelry sector has supported the DDI, including De Beers, Tiffany and Co., Cartier, and Rio Tinto. In the future, the Campaign for Responsible Mining Assurance (IRMA) will supply precious jewelry companies another source of responsibly-sourced priceless minerals and gems.


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IRMA's focus is industrial, rather than small or artisanal mines. The IRMA standard concentrates on social and environmental techniques of mines, and has actually been established by a wide stakeholder group that includes mining companies, jewelry experts, and other "downstream individuals," nongovernmental companies, impacted areas, and labor unions. In 2018, IRMA is offering a launch phase of qualification for interested mines.


Some refiners are willing to segregate gold for processing, often at additional expense. As an example, refiners consisting of PX Prcinox (Switzerland), Metalor (Switzerland), S&P Trading (France), and gussa (Austria) all refine Fairmined gold, segregating it from the various other gold that they process. Use recycled gold can assist avoid the civils rights dangers and ecological injuries related to newly-mined gold, as long as firms perform due persistance; however, making use of recycled gold is not risk-free either, as it can be made use of for money laundering or wrongly labeled as reused.


When preparing this record, Human being Rights Watch sent out letters to the 13 companies profiled below, asking for information concerning their policies and techniques in connection to human civil liberties due diligence and the sourcing of their gold and diamonds - diamond earrings. These 13 business were selected to include some of the sector's biggest and best-known jewelry and watch firms and to reflect different geographical markets


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Furthermore and as explained above, Person Civil liberty Watch thinks that jewelry companies need to take part in initiatives to sustain and source from accountable, rights-respecting artisanal and small mines. Based upon a firm's performance when it come to these requirements, we have actually shown whether the business is taking solid, moderate, weak, or really weak steps in the direction of responsible sourcing.


Below is an overview of findings, complied with by a comprehensive summary of each business. Seiko Watches. Annex 1 includes a table with summary information on all firms in connection with the standards. Several of the precious jewelry business checked out have made important efforts to responsibly source their gold and rubies, while others have taken much weak actions, or divulge absolutely nothing concerning their efforts to source gold and rubies properly




Bulgari can map its gold to 2 refiners that are certified under the RJC's Chain-of-Custody Criterion, but does not share details on mines of origin. Cartier and Chopard have chain of safekeeping for a portion of their gold supply. Cartier, for instance, purchases the whole outcome of a "model mine" in Honduras.


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Diamond EarringsTissot Watches
Under this framework, where business can not map their product all the means back to the mine, they need to require upstream providers such as gold refiners to provide them with thorough proof that they have conducted due persistance in their supply chain. Four companies examinedBulgari, Pandora, Signet, and Tiffany and Co.


Yet even these analyses were limited. Bulgari acknowledged that it is not calling for providers to divulge their gold full supply chain to them, yet counts on their accreditation under the RJC's Chain-of-Custody Requirement. Signet and Pandora largely rely upon RJC audits versus the weak Code of Practices to guarantee themselves that their suppliers have actually totally analyzed risks.


One business that stands out is Pandora, which releases an annual ethics report that consists of a summary of noncompliance issues identified with its provider audits. Publishing information regarding a firm's vendors offers consumers and financiers much more significant information about the resource of fashion jewelry and watches and sends a message that this contact form companies are willing to be responsible when human civil liberties abuses are found in their supply chain.


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Boodles, Pandora, Signet, and Tiffany and Co. state that they are exploring the opportunity of sourcing from small and artisanal mines in the future. We examined each business against the criteria for responsible sourcing laid out over, based upon the info they supplied directly, in addition to information that is publicly available.


Tennis BraceletsDiamond Earrings


A detailed assessment of each company shows up in the next section, and a table providing a summary over the performance of all 13 companies can be discovered in the record annex - moissanite rings. Tiffany and Co, founded in 1837, is a luxury jeweler with over 300 stores across 27 countries. Its 2016 profits was approximately $4 billion, with jewelry representing 92 percent of its around the world sales


Tiffany replied to Human being Rights Watch's request for info with a composed, in-depth letter and satisfied with Civil rights Watch team in individual. Tiffany and Co. specifies that it is "committed to minimizing environmental impacts, respecting civils rights and contributing in a favorable means to the areas where we run." Tiffany and Co.


Tiffany has partial chain of protection over its rubies, and can trace some of its diamonds to specific mines. It does not publish the outcomes of audits or exactly how it reacts to cases of disagreement. On the basis of offered info, Person Legal right Watch takes into consideration Tiffany and Co. to have made solid efforts to guarantee civils rights due diligence.


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Chain of custody: Tiffany and Co. has full chain of protection over its gold supply chain. Twenty-seven percent of its gold originates from a single mine in Utah, the Bingham Canyon Mine, and the continuing to be 73 percent originates from recycled sources. It resources all of its recycled gold from one distributor, which has the ability to set apart gold from extracted and from recycled sources.


Boodles, Pandora, Signet, and Tiffany and Co. state that they are exploring the possibility of sourcing from small-scale and artisanal mines in the future. We analyzed each business against the standards for accountable sourcing outlined above, based on the details they supplied straight, as well as information that is publicly offered.


An in-depth analysis of each company shows up in the next section, and a table supplying a summary over the performance of all 13 companies can be found in the report annex. Tiffany and Carbon monoxide, founded in 1837, is a high-end jeweler with over 300 shops across 27 countries. Its 2016 revenue was approximately $4 billion, with jewelry representing 92 percent of its globally sales.


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Engagement RingsCitizen Watches


Tiffany reacted to Human being Civil liberty Watch's request for information with a created, in-depth letter and met with Human being Civil liberty Watch personnel in person. Tiffany has partial chain of custody over its diamonds, and can map some of its rubies to particular mines. On the basis of available information, Human Civil liberty Watch considers Tiffany and Co. to have made solid efforts to make certain human rights due diligence.


Chain of custodianship: Tiffany and Co. has complete chain of protection over its gold supply chain. Twenty-seven percent of its gold originates from a solitary mine in Utah, the Bingham Canyon Mine, and the continuing to be 73 percent originates from recycled resources. It sources every one of its recycled gold from one supplier, which has the capability to set apart gold from extracted and from recycled sources.

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