In the current business environment, CSR no longer is a practice that one chooses to follow or not. It has become a required component of every company and organization in the industry, which individually must be able to describe its approach, and if possible quantify it.
CIBJO set up the Jewellery Industry Measurement Initiative to help companies within the jewellery industry understand their environmental impact, reduce it, and protect themselves and the industry as a whole. It is vitally important that the industry in general become engaged with this challenge before it impacts negatively on mid-term to long-term demand. By Jonathan Kendall, President, CIBJO Marketing & Education Commission, and Gaetano Cavalieri, CIBJO President
The essential importance of economic sustainability must be appreciated by the business community, which needs be prepared to take a long-term approach, sometimes at the expense of short-term profit. It also needs to be appreciated by government regulators, who must do their utmost to protect their country’s natural environment and social fabric, while at the same ensuring that the economy is allowed to function. By Gaetano Cavalieri, President of CIBJO
Pearl farming differs from gemstone and mineral mining in that it is a sustainable or renewable activity, and members of pearl grass-roots communities can be expected to remain actively involved in the industry for generations to come. It, therefore, is important that these communities be provided with fair and equitable opportunities to benefit from the pearl farming enterprise, so that they will be incentivized to invest and reinvest in their future and that of the entire pearl industry. By Gaetano Cavalieri, President of CIBJO
Throughout the world, consumers are fast becoming more market educated and socially aware, which in turn makes their shopping patterns far more selective. Their needs are sated by their search for knowledge in supply chain transparency and responsible production processes. The internet provides the consumer with far more information than ever before and this in itself provides a growing challenge to the jewellery retail environment. How will your store and staff be chosen by the consumer to be the first port of call when they want to buy an item of jewellery? What credentials can you present to the consumer to give them the confidence to shop in your store? By Simon Ranier, Executive Vice President of CIBJO's Sector C