Pillar 2
Ethical Stewardship
The Ethical Stewardship Principles of Sustainability Rated Diamonds
his pillar addresses consumer demand for diamonds that are conflict-free diamonds and don’t come at a huge environmental cost. Sustainability Rated Diamond producers and handlers must adhere to 12 principles of ethical stewardship as they work to meet the comprehensive environmental, social and governance (ESG) criteria to become certified to the SCS 007 Certification Standard for Jewelry Sustainability – Sustainability Rated Diamonds.
Ensuring that diamond producers and handlers conduct their businesses with the highest degree of integrity, in compliance with applicable laws and international agreements, these twelve core ethical stewardship principles include:
- Business Integrity
- Human Rights
- Worker Rights
- Indigenous Peoples’ Rights
- Occupational Health and Safety Security
- Community Engagement
- Stakeholder Engagement
- Management of Water and Energy Resources
- Minimization of Emissions, Effluents, Wastes, Noise and Vibration
- Ecosystem Protection
- Reclamation and Closure
