Rapaport Magazine
Industry Views

From Tiffany & Co.

By Tiffany & Co.
Tiffany & Co. remains strongly committed to the responsible sourcing of all our diamonds. We believe that responsible sourcing practices can help promote the protection of human rights, fair and safe labor practices, protection of the environment and ethical business conduct. Tiffany continues to focus on advancing the diamond supply chain with a commitment to responsible mining through high-bar standards, transparency, and advocacy. When sourcing our diamonds we go above and beyond the Kimberley Process by asking more from our suppliers and sharing more with our clients about our diamonds’ origins.

Although we do not own or operate any mines, we are committed to improving mining standards around the world. We will continue to work with industry leaders, civil society and government to support the development of mining industry standards that aim to respect the environment and the people who work in and live around mines. We believe that the Initiative for Responsible Mining Assurance (IRMA) Standard for Responsible Mining has the potential to strengthen mining industry practices, and we hope more mining companies will engage with IRMA as part of their commitment to building responsible mining value chains.

The entire diamond industry must continue to demand transparency from its sourcing partners. The mining sector must have robust systems that respect and uphold human rights and enable safe, dignified work. It is up to the leaders within the diamond industry to discontinue partnerships with sources where there is a lack of transparency or known conflict.

Article from the Rapaport Magazine - Special Report Blood Diamonds. To subscribe click here.