Enough Project working with Tiffany, Signet Sterling & other leading jewellers to source gold from conflict-free mines in central Africa
[video refers to Macy's, Tiffany, Kay (part of Signet), Zales (part of Signet)]
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Going for Gold: Engaging the Jewelry Industry in Responsible Gold Sourcing in Africa’s Great Lakes Region
Author: Holly Dranginis, Enough Project
In the Democratic Republic of the Congo (“Congo”), gold is a major financial lifeline for armed actors. Fortunately, jewelry retailers and consumers can play important roles to help end the conflict gold trade and the suffering it causes, together with the actions of governments. The Enough Project has engaged with the largest jewelry retailers in an effort to encourage companies to use their power and resources in more robust, effective ways to support responsible sourcing in Congo and the Great Lakes Region. Two companies in particular—Tiffany & Co. and Signet Jewelers—have demonstrated clear leadership in beginning to address the conflict gold issue by taking proactive steps to set up supply chain controls, contribute to solutions on the ground in Congo, and support the communities affected by mining and violence in Congo...Other companies are starting to follow suit. Cartier, JC Penney, and Target have distinguished themselves by taking important initial steps to implement more responsible policies... [also refers to London Bullion Market Association and World Gold Council, Dubai Multi Commodities Centre, Banro, AngloGold Ashanti]
Author: Enough Project
Conflict-free Congo Gold. We need a chain of engagement to make that dream a reality. Today, illegally mined and smuggled gold from Congo is funding some of the world’s worst atrocities. Violence against women. The use of child soldiers...A few visionary leaders in the jewelry world are working to change that...[with] the Enough Project... Read our new report "Going for Gold" to learn how Tiffany & Co. and Signet Sterling (Jared, Zales and Kay) are leading the way. Now, companies can begin investing in mines free from control of armed groups. They can set up positive supply chain management. And they can directly support the needs of local communities.
How jewelry companies can get engaged...
1. Conflict-Free Gold Sourcing: Is the company sourcing conflict-free gold from Congo?
2. Company Policy: Does the company have a policy articulating its commitment to gold sourcing practices that do not support armed conflict and gross human rights abuses, and has it shared that policy with its employees?
3. Engagement with Suppliers: Has the company engaged with its suppliers on its conflict gold policy and worked with them on strategies for sourcing conflict-free gold from Congo?
4. Participation in Conflict-Free Gold Initiatives in Congo...