Back to: Natural Diamonds & Sustainability
Sustainability, in the context of natural diamonds, refers to the responsible and ethical practices throughout the diamond supply chain to minimize environmental impact and contribute to the well-being of local communities.
- Environmental Responsibility: The diamond industry is committed to reducing its environmental footprint by implementing various measures. This includes responsible mining practices, such as minimizing water usage, reducing greenhouse gas emissions, and implementing land reclamation plans after mining operations.
- Social and Economic Development: Sustainable diamond mining strives to benefit local communities by providing job opportunities, supporting education and healthcare initiatives, and fostering economic development. Some diamond mining companies invest in infrastructure, schools, or vocational training, helping to improve the quality of life in diamond mining areas.
- Ethical Labor Practices: Responsible diamond mining ensures safe and fair working conditions for all employees. This involves respecting workers’ rights, providing fair wages, promoting equality, and prohibiting child labor. Companies also collaborate with local communities to understand their needs and interests.
- Conflict-Free Diamonds: The Kimberley Process Certification Scheme (KPCS) ensures that diamonds traded globally are conflict-free. It aims to prevent the proceeds from diamond sales from financing armed conflicts. Compliance with the KPCS is crucial to ensure the ethical sourcing of diamonds.
- Transparency and Certification: Ethical diamond companies promote transparency by providing detailed information about their mining and manufacturing processes. They adhere to internationally recognized standards such as the Responsible Jewelry Council (RJC) certification, which sets guidelines for responsible sourcing and business ethics.
By embracing sustainability practices, the diamond industry strives to minimize its environmental impact, support local communities, and offer consumers the assurance that the diamonds they purchase are ethically sourced.