Corporate Social Responsibility

Other significant stakeholders

We are committed to engaging with the following organisations that have a significant impact on our industry, particularly for our business.

WORLD FERERATION OF DIAMOND BOURSES

The World Federation of Diamond Bourses (WFDB) was founded in 1947 to unite and to provide bourses trading in rough and polished diamonds and precious stones, with a common set of trading practice. The WFDB provides a legal framework and convenes to enact regulations for its 28 member diamond bourses.

WORLD DIAMOND COUNCIL

The World Diamond Council, which is the body set up by the World Federation, works hand in hand with over 35 Governments, the European Union and the United Nations to rid the Industry of the scourge of conflict diamonds.

INTERNATIONAL DIAMOND
MANUFACTURERS ASSOCIATION

The International Diamond Manufacturers Association (IDMA) was founded and convened for the first time in 1946, in Antwerp. It is committed to fostering and promoting the highest ideals of honesty and best practice principles throughout the diamond industry worldwide, as well as full compliance with all relevant national and international laws. Towards this end, the organisation has developed and adopted a Code of Conduct, which is binding on all members.

BONAS & CO. LTD.

Bonas & Co. Ltd. have been DTC brokers to Rosy Blue since 1969. They introduced us to the DTC and helped us gain our first Sight. Since then they have continued to advocate on our behalf with the DTC and have helped us grow through the changing seasons of the diamond industry. Bonas & Co. were instrumental in the growth of our Sight allocation and progression to one of the biggest Sightholders in the world. Building on 140 years in the diamond industry and their close personal relationship with our executive team, Bonas has become trusted advisors on a wide range of issues, from rough sourcing to retail partnerships. They have also given their active support in the establishment of Global Compact Network Belgium.

GEMOLOGICAL INSTITUTES

Gemological institutes are charged with confirming the authenticity of diamonds, and describing their quality characteristics.

A diamond grading report will commonly include a plotted diagram of your diamond and significant characteristics, including the cut, color, clarity and carat weight. The report will also describe the diamond's shape, exact measurements, proportions and depth percentages as well as grade the polish and symmetry. It should also comment on the characteristics like fluorescence, graining, and any imperfections in the diamond. Diamond grading reports assure the authenticity and quality of a diamond. Usually stones 0.30 points and bigger are graded in labs.

Our stakeholders help us prioritize key issues and develop our CSR strategy


STAKEHOLDER GROUP ENGAGEMENT
Employees Charter of Commitment
The Quarterly Sparkle
Diversity Programme
Women Empowerment
CSR Internal Ethics Programme
Suppliers Charter of Commitment
Annual factory and operational audits
Contractors Charter of Commitment
Annual majority contractor audit
Formal undertaking minority contractor
Customers Charter of Commitment
CSR Report
Communities Community Engagement Programme
Financial Institutions and Auditors Annual Internal Report and regular meetings
CSR Report
Governments Engagement on regulatory issues
Adherence to laws where we operate
Academic Institutions Danish Institute for Human Rights
UAMS
Plantijn Hogeschool
University of Ghent
International and Local Community including
private businesses, NGO's, governments
Membership UNGC
Membership Cambridge Sustainability Network
Membership Business & Society Belgium
Membership KAURI
Diamond Industry Diamond Symposium AWDC
Pilot Project RJC
Diamond Empowerment Fund
Media Press releases

CHART: Click here for a fullscale view!
Legend: Achieved - In progress - To achieve

Stakeholder Chart