Supply Chain Policy

The Pluczenik Group of Companies recognises the vital importance of maintaining and enhancing the overall reputation and trust in the industry and the importance of sustaining long term consumer demand for diamonds and meeting consumer expectations.

We believe this goal can only be attained if businesses take responsibility for the impact of their actions and demonstrate compliance with good business, social, ethical, and environmental practices embedded in international law and increasingly adopted in national laws and best practice voluntary codes, such as the OECD Guidelines

Thus, we can confirm that we meet all the supply requirements of the OECD Due Diligence Guidance for Responsible Supply Chains, The Responsible Jewellery Council (RJC) Certification and De Beers Best Practice Principles (BPP) requirements for responsible sourcing. The company is aligned to the UN Sustainable Development Goals

In this policy, we set out our commitments to ethical business practices. Our policy is aligned with the Antwerp World Diamond Centre’s Supply Chain Policy Implementation Guidance and inspired by the 5-step OECD due diligence guidance.

We do not source/purchase rough diamonds without a Kimberley Process Certificate. We only purchase rough diamonds with a Kimberley Process Certificate to ensure our diamonds are conflict-free in accordance with the Kimberley Process conflict definition.

We do not engage in or tolerate money laundering or the financing of terrorism. We have a Money Laundering and Anti-Terrorism Policy which sets out our company’s clear commitments. We are committed to support and contribute to efforts to eliminate money laundering and terrorism financing where we identify a reasonable direct or indirect risk resulting from the extraction, trade, handling, transport, or export of diamonds.

We do not engage in or tolerate bribery or corruption. We will not engage in any forms of bribery and will reject any form of solicitation to conceal or disguise the origin or type of diamonds or to misrepresent fees, royalties, and taxes to be paid to authorities throughout the diamond value chain.

We do not accept our diamond sourcing being linked to illegal armed groups. We support human rights-compatible security forces in the diamond industry and our diamond sourcing shall not be linked to the direct or indirect support of illegal and non-stated armed groups (covered by the Kimberley Process Certification Scheme).

We do not accept violations of human rights. We commit to respecting human rights according to the UN Universal Declaration of Human Rights and ILO Fundamental Rights at Work.
We do not tolerate in our business and among our business partners:
- Torture, cruel, inhuman, and degrading treatment,
- Forced or compulsory labour,
- Any form of child labour,
- War crimes, violations of international humanitarian law, crimes against humanity or genocide,
- Other human rights violations and abuses

We live up to these commitments in the way we do business, and we expect the same from our suppliers. To fulfil these commitments, our due diligence practices are inspired by the OECD 5- step framework:

We structure our business internally to effectively perform due diligence on our supply chain through:

this Supply Chain Policy setting out our commitments and expectations towards our suppliers.
assigning a responsible, dedicated person for our supply chain due diligence, and
following training on due diligence practices.
gather key information from our suppliers and further engage with them to understand the origin of our diamonds

We have processes in place to identify and address risks in our diamond supply chain while making use of the diamond industry specific legislation and self-regulating initiatives such as:

Kimberley Process Certification Scheme (KPCS) guaranteeing conflict-free diamonds.
Diamond Office performing triple control measures on diamond imports/exports into the European Union.
World Diamond Council System of Warranties requiring buyers and sellers of rough diamonds, polished diamonds and jewellery containing diamonds include a statement on B2B invoice and memos that the goods being sold follow the KPCS and additionally warranting promotion of universal standards on human rights, labour rights, AML, anti-corruption practices in the company and dealings in diamonds by means of completing a self-assessment.
Responsible Jewellery Council requiring certified members to comply with sustainable standards and practices in the diamond- and jewellery industry.

If we identify that business partners do not share our values and live up to our commitments, we will investigate, analyse, and take up these forms of non- compliance with our business partners to define concrete mitigation measures. In case of serious forms of non-compliance with our commitments or failure to apply proper mitigation measures, we will immediately stop engaging with our business partners.
We welcome any concerns that you might have about cases of non-compliance from our business partners which can be reported directly to Derek Palmer our global Compliance Director and/or to the Head of Compliance at the Antwerp World Diamond Centre. Your grievances will be assessed and kept confidential.