Tuesday, May 19, 2020
Kering unveils initiative uniting top luxury brands and mining gemstones companies around a shared vision for the gemstones and jewellery industry
After five years of close collaboration towards a shared vision for a responsible industry, the « Coloured Gemstones Working Group » (CGWG), first established in 2015 and gathering world leading jewellery makers and gemstone mining companies, has inaugurated www.gemstones-and-jewellery.com.
The website offers a sneak peek into the heart of the collaboration, the soon-to-be launched Gemstones and Jewellery Community Platform, an initiative sponsored by the CGWG to provide access to free resources and tools, created and tested through the engagement of over 150 businesses over the last three years. The resources and tools will support businesses of all type, size, and shape, in their efforts to build knowledge and capacity around key sustainability topics, implement their learning, and demonstrate their efforts towards improving social, environmental, and governance performances.
The initiative focuses on learning and on continuous improvement; an acknowledgment that real change takes time, but that together we can move one step further along the journey towards a sustainable industry.
The CGWG has been collaborating, and continues to collaborate, with industry bodies and associations including the Responsible Jewellery Council (RJC) and the World Jewellery Confederation (CIBJO), in an effort to avoid duplications and inefficiencies and contribute to the harmonisation of the industry, and promotes the implementation of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas.
About the Coloured Gemstone Working Group
The Coloured Gemstones Working Group (CGWG) is a unique alliance between the world’s leading luxury jewellery brands and mining companies: Chopard, Gemfields, Kering, LVMH, The Muzo Companies, Richemont, Swarovski, Tiffany & Co.
The CGWG is united by a commitment to catalyse positive change through the responsible sourcing of coloured gemstones. Gaining a thorough understanding of the many and complex issues and risks within the industry represents the first step towards achieving this goal.
The CGWG has dedicated the resources of senior and specialist staff to work towards achieving a more accountable and transparent industry. The result is the collaborative development of robust and practical resources, guidance and tools, focused on the coloured gemstones supply chain and available to all members of the jewellery industry at large. These will be accessible through the Gemstones and Jewellery Community Platform, soon to be launched.