The Laings Journal
As one of the rarest and most precious gemstones in the world, Laings ensure that our diamonds are passed through the Kimberley Process. Today we have closer look at the process and why it is so important.
We cannot stress enough the importance of buying quality and ethically sourced diamonds. Eliminating conflict diamonds from the global supply chain will improve the lives and communities of those involved in mining countries as well as offering you, as a customer, peace of mind.
Here we explore the Kimberley Process and its importance in the diamond industry.
What is the Kimberley Process?
To put it simply, the Kimberley process is a United Nations mandate, unifying administrations, civil societies and industries to reduce the flow of conflict diamonds around the world. To date, there are 56 participants representing 82 countries * accounting for approximately 99.8% of global diamond production.
*Please note that the European Union and its member states count as a single participant.
How Does it Work?
The Kimberley Process Certification Scheme (KPCS) imposes extensive requirements on its members before their shipments of rough diamonds can be certified as conflict-free. This prevents blood diamonds from entering the legitimate trade as participating states must put in place national legislation and control before they can import or export legally. Once set up participants can only trade with other certified members, this keeps the supply chain clear as we work towards eradicating conflict diamonds in the industry.
Why is it so Important?
Maintaining its focus in the face of today's global challenges, the Kimberley Process enables nations, governments and organisations to share their expertise and insights to have positive, long term impact on the trade of conflict diamonds and the lives of people in genuine need.
What Can I as a Consumer Do?
Ensuring that you buy from a reputable jeweller is the best way to guarantee your sparkling pieces are ethically sourced and conflict-free. You should be easily able to ask your jeweller about their practices on conflict-free diamonds, raising awareness and also giving you peace of mind.
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** https://www.kimberleyprocess.com/