Speaking in Paris on Tuesday to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri outlined a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors. The plan includes the release last January of CIBJO's new Responsible Sourcing Blue Book, and an online platform that will provide a set of of dedicated due diligence tools free of charge to the industry.
In his presentation, the CIBJO president pointed to factors that moulded CIBJO's strategic approach. The greater jewellery industry is overwhelmingly comprised of small and medium enterprises (SMEs), many of which are family-owned and run, he noted, pointing out that, while on the one hand that means that they are more likely to remain committed to the business over the long term, on the other hand many are limited in the amount of resources and personnel they can commit to detailed compliance systems.
A key step step in CIBJO's programme was the release this January of its Responsible Sourcing Blue Book, which provides a framework and guidance for ethically sourcing gems and precious metals responsibly in the jewellery sector.
The manual references the OECD's Due Diligence Guidance for minerals from high-risk areas, insists on compliance with the Kimberley Process Certification Scheme and the World Diamond Council System of Warranties, and it supports the United Nations Guiding Principles on Business and Human Rights.
To support members of the jewellery industry in implementing the principles laid out in our responsible sourcing document, CIBJO is now in the process of setting up an online platform that will educate them about the due diligence steps that should be taken, and at the same time will provide a set of downloadable tools and templates, which they can adapt for their use.
A dedicated suite of due diligence tools will be available at no cost via the the new CIBJO online platform. Helping CIBJO develop this service is the Coloured Gemstones Working Group, facilitated by the Dragonfly Initiative, an advisory firm that supports businesses in the precious metals, gemstones and raw materials sectors, creating interconnected systems of environmentally, economically and socially responsible companies.