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During a speech to delegates of the recent International Gem and Jewellery Conference GIT in Bangkok, Thailand, Gaetano outlined CIBJO’s comprehensive precept for CSR in the jewellery industry.
The address was timely for the NAG, as its Ethics Working Committee, which Gaetano has attended, is set to announce the release of its CSR ‘Gold Paper’ – a summary of its studies into the various initiatives that aim to keep gold clean and ensure the highest ethical standards from source to consumer.
Comprised of the heads of the UK jewellery industry’s major trade associations, the Ethics Working Committee has been meeting for the past two years to discuss CSR in the industry supply chain and its wider impact on the communities it operates in.
NAG CEO and Jewellery Focus columnist Michael Hoare said of Gaetano’s statement: “I think CIBJO’s message is becoming ever clearer, and that is that all levels of the jewellery supply chain really need to get a grip on precisely how their business affects the communities around them. Gaetano’s speech acknowledges that the externalities of certain business practices have had [a] huge impact on people’s lives and livelihoods and it recognises the need for a credible plan to ensure the industry continues to put its house in order.
“As always, we’re proud to be at the forefront of setting standards for the trade. We hope the working party’s upcoming ‘Gold Paper’ will act as a guideline not only for the UK, but for CIBJO and the wider industry.”
For more information about the Ethics Working Party, visit the NAG’s website.
