The World Jewellery Confederation (CIBJO) is set to begin a four-month public consultation of the “The Blue List – The Responsible Jewellery Supply Chain Lexicon,” which, once approved, will serve as a glossary of universally accepted terminology for the jewellery, gemstone and precious metals industries related to responsible sourcing and sustainability.
And so ends an era and the life of a remarkable man, who used his special stature and moment in time on the world stage to look out first and foremost for the many who society often does not see, those less fortunate members of humanity, who contribute greatly to our success but frequently do not fully share its bounty.
The World Jewellery Confederation (CIBJO), the American Gem Trade Association (AGTA) and the International Colored Gemstone Association (ICA) are once again expressing concern about the presence in the marketplace of irradiated rubies and sapphires, particularly sourced in Sri Lanka.
The definition, which covers recycled materials recovered during manufacturing and fabrication processes before being sold to consumers, and also gold recovered from materials after they have been sold to consumers, was developed through extensive discussions among industry experts.
The measurement guidelines are bult around 14 environmental, social and governance (ESG) themes, identifying between four and 16 measurement areas, as well as sample metrics for each theme.
The seminar investigated the broadening of demand for information about “origin,” and consider the elements required to identify and verify from where a coloured gemstone is sourced.
The seminar considered the phenomenon of price volatility in the precious metals markets, and looked at alternative strategies that may be used in the jewellery sector to mitigate their negative impacts and to gain advantage from price upswings.
Business sustainability in the jewellery industry, where a preponderance of the legacy brands companies are family-owned and maintained, is reliant on the ability to successfully transfer skills, knowledge and brand sensibility from one generation to the next, protecting the company’s ethos and tradition, while ensuring it remains relevant to the next generation of jewellery consumers.
In this fireside chat, Iris Van der Veken led an exploration of the crucial link between nature, biodiversity and the business case, with a particular focus on the watch and jewellery sector.
With growing demand within the industry and the market to be able to trace the components from which a jewellery item is comprised, from the mine through the supply chain, a range of technologies is being developed to support traceability. The seminar highlights several of the most promising projects underway and discusses the challenges and opportunities that they present.
