The Kimberley Process, which aims to halt the flow of conflict diamonds, never loses its power to frustrate and disappoint. Perhaps this is because the stakes are so high, the possibilities so real, and the results of its initiatives so meagre.
The growing popularity of gem-quality lab-grown (also known as ‘synthetic’ or ‘cultured’) diamonds has caused a relentless marketing battle between diamond mining companies and gem-quality lab-grown diamond producers. Both contenders know corporate social responsibility (CSR) initiatives are key in appealing to the values of consumers.
These days, we often hear lip service paid to the need for corporate social responsibility (CSR) and ethics in the gemstone industry. During the Second World Emerald Symposium (2WES), however, the focus was on concrete actions being taken in Colombia and around the world to improve the lives of those in mining communities.