WDC NEWSLETTER ARTICLES

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WDC NEWSLETTER ARTICLES2019-09-02T17:59:20+02:00
19May 2020

WDC Newsletter

The March 2020 edition of the WDC News Update sees the launch of a new series, entitled “Women of the Diamond Industry,” focusing on the issue of gender equality along the entire diamond and jewelry supply chain. The series will provide a platform for women in the industry to tell their own story and describe the particular challenges they have faced in their careers. The first article in the series is authored by Iris Van der Veken, Executive Director of the Responsible Jewellery Council (RJC). [...]

19May 2020

WDC Newsletter

THE COVID-19 PANDEMIC AND ITS EFFECT ON THE AFRICAN DIAMOND MINING SECTOR A tailor from the Boteti sub-district in Botswana, working at one of the local enterprises contracted by Debswana to sew reusable cotton face masks, which will be will be distributed to law enforcement officers, as well as other essential services workers and communities around the company's operations. More than four months into the COVID-19 crisis, it is difficult and most probably premature to gauge the impact of the global epidemic on the rough diamond industry [...]

19May 2020

WDC Newsletter

A PASSING OF THE BATON AT THE WDC AS TWO JUNE MEETINGS IN MOSCOW GO VIRTUAL Incoming WDC President Edward Asscher (left) and outgoing WDC President Stephane Fischler, during the 2019 KP Plenary Meeting in New Delhi, India, in November 2019. [ARTICLE UPDATED ON MAY 26, 2020] June had been scheduled to be a hectic travel period for both the World Diamond Council and the Kimberley Process. With the KP Intersessional Meeting set to take place in Moscow during the second working week of the month, the [...]

19May 2020

WDC Newsletter

FAREWELL MESSAGE FROM THE WDC PRESIDENT Dear WDC members and other friends, I am writing to you today to say goodbye. Goodbye and thank you for having provided me with the opportunity to serve and give back to our industry and beyond. It is an industry I feel extraordinarily privileged to be involved in, handling the most extraordinary mineral I know. Diamonds evoke powerful emotions in almost every single individual who owns or aspires to own them. I have been involved for about two decades with the Kimberley Process, working to [...]

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). [...]