Diamond Industry’s Collaborative Approach To Ethical Sourcing

The diamond trap involves key entities like De Beers, Alrosa, and the Kimberley Process, which regulate the supply chain and ensure ethical sourcing. Civil society organizations such as Human Rights Watch and Amnesty International monitor human rights abuses and promote transparency. Industry-led groups like the World Diamond Council advocate for self-regulation, consumer confidence, and responsible sourcing, addressing conflict diamonds, sustainability, and worker welfare. Together, these entities strive to break the cycle of negative impacts associated with the diamond industry.

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