Press Releases

IEG/Vicenzaoro January 2020 Focuses on Responsible Supply, Sustainability and SMEs

(PRESS RELEASE) — With the support of the main Italian associations, including Federpreziosi and Club degli Orafi, the workshop organized by CIBJO dealt with the topics of responsible sourcing and sustainability, with an eye on small and medium-sized enterprises which make up the largest part of the jewelry sector on a global scale and play a leading role in Italy’s economic fabric.

How are the new standards in terms of due diligence to be faced? What is the key to a prosperous business without forgetting the United Nations’ sustainable development objectives? These were just two of the questions put to the panel, which featured some of the most authoritative voices in the gold-jewelry world, including Steven Tranquilli, director of Federpreziosi, who gave the opening greetings, Gabriele Aprea,president of Club degli Orafi, Marco Carniello, manager of IEG and Gaetano Cavalieri, president of CIBJO.

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Philip Olden, president of CIBJO’s Responsible Sourcing Commission and panel moderator, outlined the implementation stages in CIBJO’s Responsible Sourcing Policy, the responsible supply policy launched by the Confederation in 2018. Olden’s intervention was followed by another from Iris Van der Veken from the Responsible Jewelry Council, who underlined the importance of a responsible production chain, suggesting strategies able to create virtuous synergies between environmental and manufacturing sustainability.

Moya McKeown from Carbon Expert presented the Jewelry Industry Measurement Initiative, a project that aims to make sector companies responsible in terms of their own environmental impact by promoting a reduction in emissions that can optimize production rhythms. Next came Enzo Liverino, President of CIBJO’s Coral Commission, who for years has been battling to protect coral and its precious ecosystem.

To complete the panel, Pomellato spoke about best practices. For years the company has only accepted pure gold supplies that meet strict in-house sustainability standards based on the selection of eligible sources according to RJS-CoC certification. Moreover, Pomellato is enacting a project to improve controls on the origin of silver and on the diamond and colored stone supply chains. Its Nuvola collection is the product of these intentions, a line of responsible supply solitaires which exclusively uses gold from the world’s 10 Fairmined certified mines – in other words, those that meet the highest international standards in terms of social development practices and environmental protection – and which guarantees total traceability right back to the original mine. The same goes for diamonds, certified by the Gemological Institute of America.

Thanks to its virtuous partnership with CIBJO, once again this year, Vicenzaoro confirms its role as an arena for debating, reflecting and making decisions on key topics for the gold and jewelry industry, by integrating ethics with entrepreneurship and state-of-the-art.

The subjects presented during the seminar will be available as of Wednesday 22nd January on www.cibjo.org

For further information, consult the following website: https://www.vicenzaoro.com/en/january

INSTORE Staff

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

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