JB Insights
Providing guidance on ESG Compliance
Prepared by the CIBJO Sustainable Development Commission, headed by John Mulligan, this report examines ways in which jewellery companies can meet the growing demand to become compliant with responsible environmental, social and governance (ESG) principles.
Mulligan writes if the jewellery industry as a whole is to build and sustain consumer trust, it needs to avoid fragmented and potentially contradictory responses. “How then do we strive to encourage and support the global jewellery sector so that it might move in a relatively consistent or broadly convergent manner towards a set of common sustainability objectives?” he asks.
The CIBJO Sustainable Development Commission has been developing solutions, Mulligan reveals in the report, seeking to define a sectoral “ESG and sustainability” roadmap for jewellery market participants. “It is intended to provide clarity and direction for industry associations and companies across their supply chains. The objective of the resulting guidance document, and the resources it references, is to condense the vast array of ESG topics and sustainability objectives into a structured and prioritised framework, tailored to the specific needs and characteristics of the jewellery sector,” he states.
JB Insights
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