WDC NEWSLETTER ARTICLES

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WDC NEWSLETTER ARTICLES2019-09-02T17:59:20+02:00
16March 2020

WDC Newsletter

A RETAILER’S APPROACH TO CORPORATE RESPONSIBILITY AND COMMUNITY INVOLVEMENT ENCOMPASSING THE GLOBE Talk about community to jewelry retailers nowadays, and the perspective you’ll encounter will be inevitably broad. Acutely attuned to the requirements and sentiments of their own customers and consumer base, they are increasingly conscious that they also serve the interests of those responsible for producing the precious materials and items sold in their stores. "[W]e we take responsibility wherever we have an impact,” wrote the Signet CEO, Virginia C. Drosos (left), in Signet's most [...]

16March 2020

WDC Newsletter

THE KIMBERLEY PROCESS AND THE WORLD DIAMOND COUNCIL IN SERVICE OF THE UN’S SUSTAINABLE DEVELOPMENT GOALS Officially unveiled at the United Nations Conference on Sustainable Development in Rio de Janeiro in 2012, the Sustainable Development Goals (SDGs) have become the principle yardstick by which the business sector and others measure their success, or lack thereof, in serving society and the planet. It is within their context that the Kimberley Process and the work of the World Diamond Council are also are being judged. The SDGs evolved from the eight Millennium Development [...]

16March 2020

WDC Newsletter

TOOLKIT TO ASSIST IMPLEMENTATION OF WDC’S REVISED SYSTEM OF WARRANTIES NEARING COMPLETION A program initiated in 2018 to upgrade and toughen the World Diamond Council’s 10-year old System of Warranties (SoW) is nearing its launch date. At the end of January, the organization released for public review a key section of a toolkit, which is designed to assist companies involved in the diamond trade become compliant with the strengthened protocol. The SoW Toolkit which currently is in development, includes a self assessment questionnaire to enable a [...]

16March 2020

WDC Newsletter

UN GENERAL ASSEMBLY PASSES RESOLUTION ENDORSING ROLE OF KIMBERLEY PROCESS AS PEACEKEEPER AND CAPACITY BUILDER As it has for many years, the United Nations General Assembly drew participants in the Kimberley Process (KP) to New York in March, where during its 74th Session it adopted by consensus a resolution entitled “The role of diamonds in fueling conflict: breaking the link between the illicit transaction of rough diamonds and armed conflict as a contribution to prevention and settlement of conflicts.” Among the organizations represented was the World Diamond Council (WDC). [...]

16March 2020

WDC Newsletter

FEELING THE VIBE IN FREETOWN: A DEEP-DIVE INTO ARTISANAL AND SMALL-SCALE MINING Elodie Daguzan (second from left), WDC Executive Director, during a working group at the Mano River Union meeting in Freetown, Sierra Leone, February 25-27, 2020.  As I rode at night along the seashore, from the airport into Freetown, the capital of Sierra Leone, I had no idea what to expect from my first experience on the road on behalf of the World Diamond Council (WDC), or for that matter from West Africa. I had arrived to attend a [...]

16March 2020

WDC Newsletter

MESSAGE FROM THE WDC PRESIDENT Dear friends, This first edition of the WDC News Update for 2020 sees the light of day in a world beset by great uncertainty. The COVID-19 coronavirus, which only began being reported upon in the waning days of December, has suspended regular activities in a growing number of countries, with more than 170,000 individuals confirmed to be infected worldwide at the time of writing and many millions more quarantined in the attempt to prevent the spread of the illness. COVID-19  is a global challenge without parallel [...]

11December 2019

WDC Newsletter

GJEPC PLANS FOR THE SUSTAINABLE GROWTH OF INDIAN INDUSTRY THROUGH A SECTOR-WIDE SOCIAL SECURITY SYSTEM CATERING TO FIVE MILLION WORKERS AND THEIR FAMILIES One may surmise that the health of an industry is directly correlated to the wellbeing of its workforce. This is particularly relevant when it comes to a labor-intensive sector like gems and jewelry. In India, thanks to initiatives spearheaded by the Gem & Jewellery Export Promotion Council (GJEPC), millions of gem and jewelry artisans and dependents can now finally access quality healthcare of choice, and with the support of [...]

11December 2019

WDC Newsletter

KP PLENARY AGREES TO PROVISIONALLY RESTRUCTURE SYSTEM BY WHICH CERTIFIED ROUGH DIAMOND EXPORTS FROM CAR ARE MONITORED Among the more notable outcomes of the Kimberley Process (KP) Plenary Meeting in New Delhi, November 18-22, 2019, was a decision to restructure the operational framework structure being used to monitor KP-compliant rough diamond exports from the Central African Republic CAR). Caught up in a civil war that has simmered since 2012, the country is today considered to be the only producer of goods that meet the current definition of conflict diamonds. During the height [...]