Alrosa Becomes Member of the Responsible Jewellery Council

Aug 18, 2016

Alrosa has joined the Responsible Jewellery Council (RJC) since August 11, 2016, the miner announced yesterday. Alrosa is required to undergo an independent audit of its business operation within two years in order to obtain an RJC certification as per the norms.

Membership to the RJC was approved by the shareholders of Alrosa at its recent annual general meeting.

The joining up of a major miner like Alrosa will no doubt give a further boost to the influence and standing of the RJC, which is an international not-for-profit organisation,   focusing on enhancing consumer confidence in the jewellery industry and promoting responsible business practices. The organisation already includes diamond mining companies such as De Beers, Dominion Diamond Corporation, Rio Tinto and Lucara Diamond. Its current membership stands at over 800 members drawn from various segments of the diamond pipeline.

The RJC has developed a proprietary Certification System, based on the Code of Practices. “Each of the RJC members has to undergo an independent audit, covering not only standard finance and legal compliance issues, but also ethical business aspects, such as anti-corruption measures, human rights, decent labour conditions, social responsibility programmes, protection of the environment,” Alrosa explained while making the announcement.

"Consumers around the world are giving great importance to the origin of diamonds in jewellery,” said Andrey Polyakov, Alrosa Vice President. “We believe it is important to demonstrate to the consumer that diamond mining is a socially responsible business that creates jobs, supports local communities and cares about the environment. Alrosa has always adhered to high standards of corporate social responsibility and is ready to prove it in the audit process."

Andrew Bone, RJC Executive Director, commented: "We are pleased to welcome Alrosa to the RJC and delighted to see the enthusiasm of the company to demonstrate its business transparency and its compliance with international best practices. RJC Membership and the resulting Certification of Alrosa against the RJC Code of Practices, will be further recognition of the diamond industry’s efforts to adhere to the highest standards of responsible business.” 

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