What is the diamond industry doing to ensure that the self-regulating KPCS program is working?
Zale Corporation, along with other industry members, formed the not-for-profit Council for Responsible Jewellery Practices (CRJP) in May 2005 to promote responsible business practices in a transparent and accountable manner throughout the diamond and gold supply chain, including adherence to the Kimberley Process system of warranties. CRJP is creating a practical implementation system that will use independent third-party monitors to credibly demonstrate that the business practices of CRJP members are in compliance with KPCS as well as other key industry initiatives. What steps has Zale Corporation taken to safeguard its diamond supply? Zale has taken concrete, comprehensive steps to offer for sale diamonds that are “conflict free”: • Since January 2003, our trade suppliers of diamonds and diamond jewelry have been required to guarantee to us in writing that the jewelry they supply to us is conflict free by 1) signing a Vendor Code of Conduct certification and/or 2) incorporating the K
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- What is the diamond industry doing to ensure that the self-regulating KPCS program is working?
