CIBJO announces creation of all-industry CSR Working Group to be headed by Matt Runci

16 March 2011

CIBJO has concluded its 2012 congress in Porto today with an announcement that it will be establishing a CSR Working Group whose goal will be to formulate an encompassing Corporate Social Responsibility framework for the jewellery and gemstone sector.
The working will group will include both CIBJO and other members of the jewellery industry who are active in Corporate Social Responsibility. Dr. Matt Runci, chairman of the Responsible Jewellery Council, has accepted the CIBJO president’s offer to serve as the working group’s chairman.
“Our intention is to work toward a framework that will be appropriate for all members of industry, which also will recognised by the international community. This we hope to achieve this because of CIBJO’s association with the United Nations,” said CIBJO President Gaetano Cavalieri.
The initial project for the CSR Working Group will be to produce a definite guidebook for Corporate Social Responsibility in the gemstone and jewellery industry. It has been agreed that most appropriate format would be an in-depth publication, including both practical guidelines, as well as case studies and examples from out in the field. The proposed name is for the guideline is “ CIBJO Principles of Corporate Responsibility in the international jewellery industry.”
“The guidelines will have to serve all participants in the jewellery and gemstone industry and trade, enabling individuals, as well as larger and smaller companies to adopt verifiable CSR practices at the grassroots level,” Dr. Cavalieri said.
Speaking in Porto, Eli Izhakoff, president of the World Diamond Council, commended the initiative and stressed the importance of having all the relevant organisations working toward the adoption of a comprehensive CSR policy. "It is in everybody's interest that our industry will stand at the forefront of ethical business practices. To achieve that, we have to work together to ensure that CSR compliance is within everyone's reach," he said.
Distributed by MarketDirect Business Communications on behalf of The World Jewellery Confederation.