Forever Diamonds, along with the global diamond industry, has a zero-tolerance policy towards conflict diamonds. The Kimberley Process, which tracks diamonds from mine to market, the industry in partnership with the United Nations, governments, and non-governmental organizations, polices diamond exports to prevent the trade of illegal diamonds.
Forever Diamonds only purchases diamonds through the largest and most respected suppliers who vigilantly adhere to and enforce the standards set by the Kimberley Process the way we do. All of our diamonds are guaranteed to be conflict free. Should one of our suppliers be in violation of the Kimberley process, we will immediately sever all ties and, depending on the severity, take legal action. We are vigilant in our support and promotion of anything that keeps the diamond trade legitimate and does not exploit humans.
The Kimberly Process and Conflict Diamonds
Forever Diamonds participates in and supports the Kimberley Process. The Kimberley Process is meant to prevent conflict diamonds from being publically traded. It does this by mandating diamonds, both imported and exported, to be issued a government certification stating that they are conflict free and were obtained through legitimate processes. Seventy four countries participate in this process and they comprise about 99% of the total diamonds traded on the public market.
The Kimberley Process Certification Scheme (KPCS) was established to certify the origin of rough diamonds from sources known to be conflict-free. In 2000, a meeting of southern African diamond producing countries established guidelines for the KPCS. These guidelines were later adopted by the United Nations. Diamonds sold in the U.S. must adhere to the Patriot Act. A part of the Patriot Act requires that every U.S. dealer adhere to the Kimberley process or be subject to penalties from government administrations such as Homeland Security, the U.S. Justice Department, and the U.S. Treasury.
Major diamond mines include Russia, Africa, Australia, and Canada. Diamonds are a major source of income for several African nations and ethical importing and exporting of said diamonds has provided millions with healthcare and education. For more information regarding the effects of diamonds on African economy and other issues, please visit DiamondFacts.org.
What exactly are conflict diamonds?
According to the United Nations, conflict diamonds are “diamonds that originate from areas controlled by forces or factions opposed to legitimate and internationally recognized governments.”
They are traded illegally to fund conflicts in war torn areas such as western and central Africa.
Their cultivation involves human rights violations.
They are sometimes referred to as blood diamonds.
By extension of those facts and due to the reported human rights violations in Zimbabwe’s Marange diamond district, Forever Diamonds does not deal with diamonds from that area. We are working with our suppliers and partners to encourage them to do the same.
Forever Diamonds observes the highest ethical standards and insists that our business partners do the same.
This extends to our policies on gold as well. We support raising awareness of issues related to mining of all kinds. In our “practice what we preach” policy, we:
Work to ensure that our gold and metals come from suppliers that meet and exceed the highest human rights and environmental criteria.
Research all of the gold in our supply as it moves through the following phases: mining, refinement, and manufacturing.
Give preference to suppliers that source gold from mines that observe highest standards of environmental care.
Along with our suppliers, commit to increased gold sourcing from recycled and secondary sources so as to better the environment.
Constantly undergo quality assurance and quality improvement
Forever Diamonds makes sure that our customers receive conflict-free diamonds. Specifically, our internal guidelines exceed government requirements, an initiative that provides the following:
Forever Diamonds purchases polished diamonds only from sources which are members of the professional diamond trade.
Forever Diamonds has contracts with our suppliers which guarantee that the diamonds they provide to us are conflict-free.
Forever Diamonds does not support conflict diamonds or anything that was acquired through human rights violations, nor do we work with industries/companies that do. We are constantly evolving and expanding our policies on gold and diamond sourcing. All of our diamonds are certified and are conflict free and our gold is not sourced from areas that violate human rights and environmental laws – guaranteed.