SUSTAINABILITY
Sustainability is our core value. We aim to promote responsible sourcing and responsible production practices along the entire colored gemstones supply chain.
CODE OF CONDUCT
As a partner of the Coloured Gemstone Working Group, we uphold the Gemstones and Jewellery Community commitments to responsible sourcing and production, which are included in our Code of Conduct. We require all our vendors to undertake the same commitments.
"The world we have created is a
product of our thinking; it cannot be
changed without changing our
thinking."
Albert Einstein
VETTING AND MONITORING OF RESPONSIBLE PRACTICES
In order to sell on GemCloud Market all our vendors are required to undergo our KYC screening process. Once onboarded, vendors are required to join the Gemstone and Jewelry Community Platform (GJCP) where they can learn how to improve their sourcing and production practices. Within six months they are required to take a self-assessment, and they are expected to work towards continuous improvement.
The GemCloud and the GJCP teams will work hand in hand to assist the vendor through this journey.
The Coloured Gemstone Working Group (CGWG), unites luxury brands and mining companies with a common interest in catalysing positive change in the responsible sourcing of coloured gemstones.In 2015, Tiffany & Co., Swarovski, Richemont, LVMH, Kering and Gemfields formed the CGWG. The Muzo Companies joined in 2017 and Chopard in 2019.
The Gemstones and Jewellery Community Platform (GJCP) is an initiative founded by the Coloured Gemstones Working Group (CGWG) to provide all members of the gemstone and jewellery industry with free resources and capacity building tools to learn more about key sustainability areas and how to implement best practices within their business. The Gemstones and Jewellery Community Platform brings individuals and companies together, to collectively improve industry standards of corporate accountability, by taking action towards shared commitments for people and the planet.
The Gemstones and Jewellery Community Platform is managed by TDI Sustainability, a consulting firm specialised in the minerals, metals and jewellery supply chains. This expertise includes responsible sourcing, sustainable production, risk management, due diligence and auditing.