Editor’s Note
This article highlights a significant industry move towards sustainability, as a major luxury group launches a dedicated platform for ethical and sustainable jewelry commitments. The initiative, stemming from the Coloured Gemstones Working Group, represents a concrete step in formalizing responsible practices within the gem and jewellery sector.
Just days after launching a platform dedicated to the resale of textiles and leathers from its houses’ inventories, the luxury group unveils an interface dedicated to sustainable and ethical commitments in jewelry.
Announced at the 14th OECD Forum on Responsible Mineral Supply Chains, this community initiative is one of the concrete applications of the Coloured Gemstones Working Group. This group brings together LVMH (including the house Tiffany & Co), Chopard, Kering, Richemont, Swarovski, as well as mining companies Gemfields and Muzo, around sustainable themes related to the jewelry and precious stones industry.
Sourcing, production, and retail: this online resource center covers around forty topics through the lens of human rights protection and environmental preservation.
While the space aims to be a vector for knowledge sharing and best practices, it also seeks to facilitate exchanges between different stakeholders – companies, experts… – and offers self-assessment modules.
This initiative is part of the French group’s CSR strategy, which aims to equip all of its strategic supply chains with a traceability system by 2030.