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LexCast: Ethics and Sustainability in the Jewellery Industry: A Step Ahead of the Responsible Business Initiative?


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Ethics and luxury in the same sentence is not a new trend but has been around for some time. In particular, in the jewelry industry there exist a set of Responsible jewelry standards. 

Tomás Navarro Blakemore, Associate at FRORIEP, Pauline Evequoz, Sustainability Manager at Chopard and Diana Culillas, Secretary General of the Swiss Better Gold Association (SBGA) discuss the importance of these standards particularly for the inclusion of the various actors in the supply chain. Notwithstanding the foregoing, our guests also highlight the challenges they bring for smaller businesses when managing the related risks and improving the sustainable practices in the industry.

The speakers also address the Responsible Business Initiative calling multinationals to respect human rights and the environment in their activities in Switzerland and abroad. The initiative was launched following the introduction of the UN Guiding Principles on Business and Human Rights in 2011. It seeks to introduce Human Rights due diligence for multinational businesses. The Swiss people will vote on this proposal in November 2020.

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