News

Fenix Diamonds ups the ante on LGD sustainability

US-based Fenix Diamonds has bolstered the sustainability element of its premium-quality lab-grown diamonds by obtaining an international accreditation and upgrading its LGD narrative. Fenix Diamonds has steadily gained prominence in the lab-grown diamond (LGD) space since its inception in 2018, thanks to responsible business practices, ethically produced stones and its relentless desire to continuously innovate in the LGD field. The company recently obtained the SCS-007 Jewelry Sustainability Standard – Sustainability Rated Diamonds certification from SCS Global Services, making it a globally accredited producer and handler of “Certified Sustainability Rated Diamonds.”...

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LUSIX Unveils Sun Grown DiamondsTM

REHOVOT, Israel--(BUSINESS WIRE)--LUSIX, a prime grower of lab-grown diamonds (LGDs), today unveiled its Sun Grown DiamondsTM, revealing that its entire diamond growing operation is now 100% solar powered. LUSIX is the world’s first producer of 100% solar powered lab-grown diamonds....

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WD Lab Grown Diamonds Names JC Jewels an Authorized Distribution Partner for Australia and New Zealand

WASHINGTON , May 24, 2022 /PRNewswire/ -- WD Lab Grown Diamonds ("WD"), the first diamond company in the world to be third-party sustainability certified and to achieve 100% climate neutrality, has named Australia-based JC Jewels Pty Ltd. ("JC Jewels") their Authorized Distribution Partner in the Australia and New Zealand markets. "This critical partnership with JC Jewels enables us to further scale WD's footprint in-step with the rapidly expanding global market for lab grown diamonds," said Sue Rechner, CEO of WD Lab Grown Diamonds. "We are pleased to have a partner that shares our commitment to leading with integrity, innovation and a focus on sustainability — their well-earned and trusted reputation in the Australia and New Zealand markets will help fuel our growth in this region."...

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WD Lab Grown Diamonds Names M. Geller, Ltd. an Authorized Distribution Partner

WASHINGTON, May 6, 2022 /PRNewswire/ -- WD Lab Grown Diamonds ("WD"), leading U.S.-based producer of Chemical Vapor Deposition (CVD) laboratory grown diamonds, has named diamond wholesaler M. Geller, Ltd. ("M. Geller") as an Authorized Distribution Partner. WD is the first diamond company in the world to be third-party sustainability certified and to achieve net zero carbon impacts and 100% climate neutrality. Per the agreement, WD will provide M. Geller's customers with consistent, unmatched supply of the world's leading laboratory grown diamonds, created by WD in their Washington, D.C. area laboratory....

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Decoding Sustainable Engagement Rings, From Ethical Stones To Upcycled Metals

As the desire to make a well-informed, sustainable purchase increases, genuine transparency from companies communicating about their sustainability efforts is an important factor for consumers shopping for engagement rings. Stanley Mathuram, executive vice president of SCS Global Services, Inc. (SCS) — an internationally recognized neutral third-party certifier and standards developer — points to recent data from Tracemark’s Sustainable Luxury Consumer Report 2021. Key takeaways include how 94% of consumers believe jewelry brands should be more transparent about the origin of the raw materials they use, like gold and diamonds. Additionally, 71% would choose a piece of jewelry for its traceability, and up to 77.5% of consumers would pay more for a traceable product....

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SCS 007 SUSTAINABLE JEWELRY STANDARD TO INCLUDE ARTISANAL GOLD MINES

SCS Global Services (SCS), a global leader in third-party environmental and sustainability certification, auditing, testing and standards development, and the Alliance for Responsible Mining (ARM), a leading global expert on artisanal and small-scale mining (ASM), today announced their agreement to expand the SCS 007 Sustainability Rated Jewelry Standard to include certification of gold from artisanal and small-scale mines (ASM). The goal is to enable participants in ARM’s Sustainable Mines Program to have their gold independently evaluated under the SCS-007 standard and marketed to consumers as “Certified Sustainability Rated Gold.”...

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