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Conflict-Free Diamonds

Conflict-Free Diamonds

The Kimberley Process Certification Scheme, popularly known as KPCS, is a process designed to certify the origin of rough diamonds from sources which are free of conflict.[1] The process was established in 2003 to prevent rebel groups and their rivals from financing their war aims from diamond sales. The certification scheme aims at preventing these “blood diamonds” from entering the mainstream rough diamond market. It was set up with the aim of assuring the consumers that by purchasing diamonds they were not financing war and human rights abuses.

Therefore we have adopted the following principles of self-regulations to support and promote conflict free diamonds. To trade only with companies that include warranty declarations on their invoices; o not buy diamonds from suspect sources or unknown suppliers, or which originate in countries that have not implemented the Kimberley Process Certification Scheme; To not buy diamonds from any sources that, after a legally binding due process system, have been found to have violated government regulations restricting the trade in conflict diamonds; To not buy diamonds in or from any region that is subject to an advisory by a governmental authority indicating that conflict diamonds are emanating from or available for sale in such region, unless diamonds have been exported from such region in compliance with the Kimberley Process Certification Scheme; To not knowingly buy or sell or assist others to buy or sell conflict diamonds; To ensure that all company employees that buy or sell diamonds within the diamond trade are well informed regarding trade resolutions and government regulations restricting the trade in conflict diamonds.