During the briefings, WDC President Stephane Fischler described the revised SoW as an “essential building block” for participants in the diamond supply chain towards implementing the OECD’s due diligence guidance for minerals from high-risk areas.
While somewhat narrower in focus than that of the OECD’s full due diligence guidance, it is our strong contention that the SoWs are a crucial component for implementing the OECD system in the diamond supply chain.
Nonetheless, the WDC considered as positive the noting in the KP Plenary’s final communique of the submission by the Canadian government of an expanded definition of conflict diamonds, which had been proposed by WDC and its fellow KP observer, the Civil Society Coalition (CSC).
The proposed change would expand the scope beyond rough stones that finance wars against governments, and supports the industry’s drive in protecting consumer confidence in diamonds and the value chain, as reflected by the System of Warranties (SoW) reforms recently launched by the WDC.
Specifically, the WDC is advocating for a broadening of the definition of conflict diamonds to address grave and systematic violence.
Resolutions for further improvement of a responsible supply chain and enhanced self-regulation exercise within the WDC SoW Guidelines were passed.
The meeting will focus on reform of the Kimberley Process and WDC System of Warranties in support of a commitment to sustainable development by the diamond industry.
The review period is intended to help industry participants better implement and demonstrate commitment to responsible sourcing when buying or selling rough and polished diamonds.
WDC Acting President Stephane Fischler and Executive Director Marie-Chantal Kaninda made the trip at the invitation of Angolan authorities.
Contact Info
Stay Updated
Get latest news and
updates direct in your
inbox !
