International News
CIBJO Reaffirms Jewellery Industry’s Commitment To UN Sustainable Development Goals At ECOSOC
CIBJO Is Finalising The First Edition Of Its ESG and Sustainability Reference Guide For The Jewellery Sector, Ahead Of The Organisation’s Centenary Congress In Vicenza, Italy,
CIBJO President Gaetano Cavalieri reaffirmed the global jewellery industry’s commitment to advancing sustainability while addressing the High-Level Segment of the United Nations Economic and Social Council (ECOSOC) at the UN Headquarters in New York.
Representing the World Jewellery Confederation, Dr. Cavalieri said
“CIBJO and the jewellery industry remain committed to supporting “transformative, equitable, innovative and coordinated actions to achieve the objectives of the UN’s 2030 Agenda for Sustainable Development and its Sustainable Development Goals (SDGs)”.
CIBJO is the jewellery industry’s sole representative with consultative status at ECOSOC, a position it has held since 2006. It was also among a select group of affiliated non-governmental organisations invited to deliver an oral statement during this year’s High-Level Segment.
During his address, Dr. Cavalieri announced that CIBJO is finalising the first edition of its ESG and Sustainability Reference Guide for the Jewellery Sector, ahead of the organisation’s Centenary Congress in Vicenza, Italy, scheduled for early September. The guide is designed to provide companies across the jewellery supply chain with a practical roadmap for the next five to 10 years by consolidating a broad range of environmental, social and governance (ESG) topics into a structured and prioritised framework.
Highlighting a recent sustainability initiative, Dr. Cavalieri recalled his visit to India on World Water Day, 22 March 2026, when CIBJO Lake was inaugurated in Gujarat. Built by the Dholakia Foundation, the philanthropic arm of the Hari Krishna Group, the 15-acre freshwater reservoir has a storage capacity of 156 million litres and is expected to support five villages and benefit around 12,000 farmers.
Addressing delegates, Dr. Cavalieri stressed that sustainability is increasingly integral to the long-term success of the jewellery industry. For CIBJO, many of the challenges addressed by the SDGs, such as climate change and resource scarcity, pose direct risks to the jewellery sector. Addressing these can help and ensure long-term business resilience,” he said.
The address underscored CIBJO’s continued engagement with the United Nations and its efforts to align the global jewellery industry with internationally recognised sustainability priorities through practical guidance and collaborative action.
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International News
US Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
While Overall Buying Power Remains High, Ongoing Inflation and Rising Household Costs Mean Some Families Will Have To Watch Their Spending More Carefully Than Others
The National Retail Federation (NRF) predicts Americans will spend $1.01 trillion on holiday shopping in November and December. That is a 4.2% jump from $972 billion last year.
NRF said its forecast was based on economic modeling that incorporates consumer spending, employment, wages and historical retail sales data. It excludes automobile, gasoline and restaurant sales
Extra Hiring: To handle the surge in shoppers, stores plan to hire 325,000 to 375,000 temporary holiday workers.
Mixed Budget Impact: Higher gas prices and inflation could still strain some family budgets, affecting low- and high-income shoppers differently.
Retailers expect a strong shopping season because people continue to make holiday spending a priority.
Store owners are ready to attract shoppers by offering competitive prices, deals, and choices for every budget.
While overall buying power remains high, ongoing inflation and rising household costs mean some families will have to watch their spending more carefully than others.
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