OBLIGATION

UNSDGS	MATERIAL ISSUES	MEGATRENDS
	Ethically responsible sourcing Transparency and traceability of materials Supply chain management and engagement Human rights and labour practices in the supply chain Green procurement	Acceleration of supply chain processes Application of blockchain Rise of Generation Z consumers (born from the mid-1990s to mid-2000s)

Ethically responsible sourcing has been a material issue in the jewellery industry that is highly dependent on its supply chain. By leveraging technology such as blockchain, we can find innovative ways to build trust and set higher social and environmental standards for our supply chain. As an industry leader, we collaborate with our business partners to ensure that the sourcing of all raw materials for business, from gemstones and precious metals for jewellery crafting to boxes and bags for packaging, meet optimum industry standards.

To implement our Best Practice Principles for Suppliers (“BPPS”) to ensure 100% of key long-term suppliers are fully compliant.

• Launch of our Best Practice Principles for Suppliers (“BPPS”) in September 2021
  • 69% key suppliers have already signed
• Membership of the International Colored Gemstone Association, a newly created industry body
• Investigations into eco-friendly packaging materials