Social Responsibility
Corporate Ethical Business Policy
MISSION
Our mission is to be a customer-oriented Diamond Jewellery Company which produces superior and unique products resulting in the creation of a globally recognized and accepted brand.
Promise
We are committed to upholding our century long tradition
Integrity and Value.
Commitments
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Conduct the Business Ethically and Responsibly
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No Bribery & Facilitation Payments to gain any unfair business advantage
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Adhere to AML & CFT Regulations
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Prevent use of Conflict Minerals
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Comply with KP and World Diamond Council System of Warranties
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Conduct Supply Chain due diligence as per OECD Guidelines
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No support to Child Labour / Forced Labour
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No Discrimination amongst Employees
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Provide equal opportunity for growth to all employees
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Uphold Fundamental Human Rights and the Rights of Employees
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Provide a clean, safe, and Healthy workplace
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Reduce Environmental Impact of Operations
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Control use of Hazardous substances
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Comply with all Applicable Statutory & Regulatory requirements
Diamour Inc. works together with suppliers and vendors to influence and encourage safe and responsible practices. In 2013, Diamour Inc. was certified by the Council for Responsible Jewelry Practices; an international not-for-profit standards and certification organization. It has more than 500 Member companies that span the jewelry supply chain from mine to retail. As a RJC Member, Diamour Inc. commit to and are independently audited against the RJC Code of Practices, an international standard on responsible business practices for diamonds, gold and platinum group metals. The Code of Practices addresses human rights, labor rights, environmental impact, mining practices, product disclosure, and many more important topics in the jewelry supply chain. RJC also works with multi-stakeholder initiatives on responsible sourcing and supply chain due diligence.
Diamour requires our suppliers and their agents to adhere to the RJC Code of Practices. We expect our suppliers to comply with their national labor and environmental laws and regulations and to respect the fundamental International Labor Organization conventions, as well as the Universal Declaration of Human Rights. Where the Code or applicable laws address the same issue, the higher of the two standards should apply. This includes: Health & Safety, Remuneration, Working Hours, Discrimination, Harassment and Abuse, Forced Labor, Child Labor and young workers, Freedom of Association, Environment, Ethics, and Integrity. The council's mission statement reads: "To promote responsible ethical, social and environmental practices throughout the diamond and gold jewelry supply chain, from mine to retail." Members work to promote awareness and understanding of key ethical, social, and environmental business responsibility issues by working with members of the fine jewelry industry - including trade organizations, governments, and civil society representatives. Members are committed to seeking economic, social, and environmental benefits from business activities to achieve sustainable development.
Supply Chain Policy
1.Diamour is a wholesaler and manufacturer of fine diamond jewellery. This policy confirms commitment to respect human rights, avoid contributing to the finance of conflict and comply with all relevant UN sanctions, resolutions and laws.
2. Diamour is a member of the Responsible Jewelry Council (RJC). As such, we commit to proving, through independent third-party verification, that we:
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respect human rights according to the Universal Declaration of Human Rights and International Labour Organization Fundamental Rights at Work;
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do not engage in or tolerate bribery, corruption, money laundering or finance of terrorism;
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support transparency of government payments and rights-compatible security forces in the extractives industry;
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do not provide direct or indirect support to illegal armed groups; and
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enable stakeholders to voice concerns about the jewellery supply chain.
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We are implementing the OECD 5-Step framework as a management process for risk based due diligence for responsible supply chains of minerals from conflict-affected and high-risk areas.
3. We also commit to using our influence to prevent abuses by others. Our suppliers are not from CAHRA and we do not procure goods from CAHRA. Our Suppliers are compliant to OECD Guidelines. The suppliers give a confirmation about their supply chains.
4. Regarding serious abuses associated with the extraction, transport or trade of Gold / Platinum / Silver / Diamonds
We will neither tolerate nor profit from, contribute to, assist or facilitate the commission of:
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torture, cruel, inhuman and degrading treatment;
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forced or compulsory labour;
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the worst forms of child labour;
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human rights violations and abuses; or
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war crimes, violations of international humanitarian law, crimes against humanity or genocide.
5. We will immediately stop engaging with upstream suppliers if we find a reasonable risk that they are committing abuses described in 4 or are sourcing from, or linked to, any party committing these abuses.
6. Regarding direct or indirect support to non-state armed groups
We only sell or purchase diamonds, loose or studded in jewellery that are fully compliant with the Kimberley Process Certification Scheme and, as such, will not tolerate direct or indirect support to non-state armed groups, including, but not limited to, procuring Gold / Platinum / Silver / Diamonds / coloured gemstones from, making payments to, or otherwise helping or equipping non-state armed groups or their affiliates who illegally:
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control mine sites, transportation routes, points where Gold / Platinum / Silver / Diamonds are traded and upstream actors in the supply chain; or
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tax or extort money Gold / Platinum / Silver / Diamonds at mine sites, along transportation routes or at points where Gold / Platinum / Silver / Diamonds / Coloured gemstonesare traded, or from intermediaries, export companies or international traders.
7. We will immediately stop engaging with upstream suppliers if we find a reasonable risk that they are sourcing from, or are linked to, any party providing direct or indirect support to non-state armed groups as described in paragraph 6.
8. Regarding public or private security forces
We affirm that the role of public or private security forces is to provide security to workers, facilities, equipment and property in accordance with the rule of law, including law that guarantees human rights. We will not provide direct or indirect support to public or private security forces that commit abuses described in paragraph 4 or that act illegally as described in paragraph 6.
9. Regarding bribery and fraudulent misrepresentation of the origin of Gold / Platinum / Silver / Diamonds
We will not offer, promise, give or demand bribes, and will resist the solicitation of bribes, to conceal or disguise the origin of Gold / Platinum / Silver / Diamonds, or to misrepresent taxes, fees and royalties paid to governments for the purposes of extraction, trade, handling, transport and export of diamonds.
10. Regarding money laundering
We will support and contribute to efforts to eliminate money laundering where we identify a reasonable risk resulting from, or connected to, the extraction, trade, handling, transport or export of Gold / Platinum / Silver / Diamonds / Coloured gemstones
Enforcement mechanism:
To ensure compliance the following tools will be utilized:
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Review if stakeholders are in good standing with the Responsible Jewelry Council
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Review if stakeholders are in good standing with Jewelers Board of Trade
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Review if stakeholders are in good standing with Jewelers Vigilance Committee
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Review if stakeholders are in compliance with the World Diamond Council, System of Warranties Guidelines
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Review stakeholders based on the OECD 5-step due diligence guidance for responsible supply chains of minerals from CAHRA
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Review stakeholders standards for identifying and labelling natural diamonds
Grievance mechanism:
Any stakeholder who has concerns about this policy, the compliance by Diamour employees to this policy, the compliance of members of the Diamour supply chain to this policy can contact
Ketan Parikh – Director: ketan@diamour.us
Diamour Jewels P. Ltd.
Kurush Daruwala – Chief Operating Office: kuursh@diamour.us
Diamour Inc.
Management Review:
Senior management will review this supply chain policy and its enforcement mechanism of a quarterly basis.
The current management team responsible for review and taking corrective action:
Ketan Parikh – Director: ketan@diamour.us
Diamour Jewels P. Ltd.
Kurush Daruwala – Chief Operating Office: kurush@diamour.us
Diamour Inc.
The date of last management review is March 22, 2022