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Many scandals of child labour and blood diamonds have affected the repuation of the industry, prompting leaders to react. Tiffany has now announced the Diamond Source Initiative.

One hundred percent clear traceability of the diamonds customers are going to buy. Through the Diamond Source Initiative, Tiffany provides provenance—the region or countries of origin—for every newly sourced, individually registered diamond set. That is, all diamonds 0. Well, it is not when we refer to diamonds. Sustainability does not mean only pollute less.

Sustainability means also contributing in the improvement of health conditions.

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Regulating the diamond industry and putting it under the worldwide spot-light generates a huge shift in terms of investments. Demand drives offer. Offer reacts to the demand. This is the reason why it is fundamental to certify the origin of a diamond.

What is the diamond industry doing to embrace sustainability?

Sustainability is paramount at Tiffany. Diamonds are sourced in countries without diamond-related human rights concerns like Botswana, Canada, Namibia, Russia and South Africa. Through responsible sourcing practices it seeks to promote the protection of human rights and the environment.

Not only. Tiffany contributes as well as to create economic opportunity for communities along the diamond supply chain. Among other activities, when talking about diamonds we see three main pillars.

Letters to Shareholders

The Future is what makes investments profitable. The Future is in the hands of Generation Z. A generation that truly believes in respect, ethics and diversity. To win the hearts of Tiffzny Z, Companies must demonstrate their commitment to a broader set of societal challenges, such as sustainability, climate change and hunger.

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Please go to the Instagram Feed settings page to connect an account. August 27, Written by Francesca Manfredi. What is the diamond industry doing to embrace sustainability? De Beers in took on sustainability by introducing synthetic diamonds.]