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Social responsibility ‘integral’ to jewellery industry

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by David Masters
Social responsibility 'integral' to jewellery industry

Jewellery firm executives are being offered specialist training in corporate and social responsibility (CSR) in an effort to make ethical business practices integral to the industry.

The training, offered by the World Jewellery Confederation Education Foundation (WJCEF) and sanctioned by the United Nations (UN) is designed to help jewellery firms become actively involved in helping to achieve the UN’s Millennium Development Goals (MDGs).

The MDGs form a blueprint for tacking the world’s most pressing development challenges, targeting poverty, education, and healthcare.

Participants in the four day training will study key strategies for socially responsible investment, and how to apply these strategies in an industry dominated by small and medium sized businesses.

The course will also look at the impact of CSR on supply chains, and provide a variety of practical case studies.

“We’re talking about the establishment of a culture and tradition by which our industry returns economic benefits to all sectors of the supply chain, including those in developing nations,” said Gaetano Cavalieri, president of the World Jewellery Confederation (CIBJO).

“This is proactive CSR and I propose that it should set us apart from other luxury product industries.

“CSR should be recognized as an integral part of our industry’s DNA.

“It should define us as a community and be a characteristic by which consumers recognize us.”

The training takes place June 19-22 in Antwerp. Scholarships to take part are available from CIBJO.

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News posted: April 20, 2010

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