Launch of a unique platform to make significant impact

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The coloured gemstone industry is a fascinating, diverse and multi-layered industry that plays a vital economic role for millions of people around the world. Valued for their role in fine jewellery and for their intrinsic beauty, coloured gemstones have always been the object of admiration across cultures, continents and generations. More than 200 types of gemstones are used in jewellery, mostly sourced from artisanal and small-scale operators and traded through a largely informal economy. Each coloured gemstone has a unique supply chain. In this context, no industrywide sustainability solutions have yet been able to address this complexity. In such a diverse industry mostly based on small scale and family-run businesses including artisanal miners, cutters and polishers, traders, and manufacturers, there can be no one-size-fits-all solution.

The CGWG has dedicated the resources of senior and specialist staff to work towards achieving a more accountable and transparent industry. The CGWG is united by a commitment to catalyse positive change through the responsible sourcing of coloured gemstones. Gaining a thorough understanding of the many and complex issues and risks within the industry represents the first step towards achieving this goal.
The website offers a sneak peek into the heart of the initiative, the soon-to-be launched Gemstones and Jewellery Community Platform. Unique in the industry, the Platform will offer free resources and tools, created and tested through the engagement of over 150 businesses over the last three years. The resources and tools will support businesses of all type, size, and shape, in their efforts to build knowledge and capacity around key sustainability topics, implement their learning, and demonstrate their efforts towards improving social, environmental, and governance performances.

The initiative focuses on learning and on continuous improvement; an acknowledgment that real change takes time, but that together we can move one step further along the journey towards a sustainable industry.

Dr. Assheton Stewart Carter, CEO of TDI Sustainability, the advisory firm that represents the brands behind the CGWG, says, “The responsible sourcing movement is a powerful force that has the potential to bring transformative change and improve the lives of many people deep in the coloured gemstone supply chain. The objective must be to democratise sustainability, so it is accessible to even the smallest businesses and the individual crafts person”.

In an effort to democratise and harmonise the industry, while avoiding duplications and inefficiencies, the CGWG has been collaborating, and continues to collaborate, with industry bodies and associations including the Responsible Jewellery Council (RCJ) and the World Jewellery Confederation (CIBJO) and promotes the implementation of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.

“We started our Journey to Sustainable Luxury in 2013 with the hope of introducing new practices in the procurement of raw materials used in our industry. Thanks to this initiative, Chopard has succeeded in sourcing responsibly mined coloured stones for various creations. However, there is still a long way to go to improve sustainable practices in the field of coloured stones. The work undertaken through the Gemstones and Jewellery Community Platform is making progress in this regard and we are delighted to be involving our Maison in these endeavours.” said Caroline Scheufele, Chopard Co-President and Artistic Director

“My family and I place ethics at the very core of every strategic decision that Chopard takes. Thus, we are proud to see the current awareness among stakeholders in our industry regarding the need to create conditions for a form of luxury that is more in harmony with Mankind and Nature. The approach taken by the Gemstones and Jewellery Community Platform to make a significant impact on improving the conditions for the mining of coloured stones is fully in line with our own philosophy.” said Karl-Friedrich Scheufele, Chopard Co-President

To learn more about the Platform and join the waiting list, visit www.gemstones-and-jewellery.com

 

Contact details:

For press enquiries and to request a demonstration of the upcoming learning Platform, please get in touch via contact@gemstones-and-jewellery.com

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