CRJP announces new members and delays passage of its mission statement

The Council for Responsible Jewellery Practices has increased its membership from all levels of the jewelry supply chain.

New CRJP members are:

* The American Gem Society, with 1,400 retail jewelers and 245 suppliers.
* Bonas & Co. Ltd., a rough diamond broker.
* LVMH, Moet Hennessy Louis Vuitton, an international luxury brand group.
* Piaget, a luxury jewelry and watch maker.
* Placer Dome, a global mining company.
* Suashish Diamonds Ltd., a DTC sightholder and jewelry manufacturer.
* Van Cleef & Arpels, a luxury retail jeweler.

CRJP says it is continuing to encourage companies, associations ,and other stakeholders of all sizes and business models to participate in its development. Interested parties should contact info@responsiblejewellery.com or a member of the CRJP.

In other matters, CRJP has extended the comment period on its draft mission statement and principles by approximately five months to March 2006. The organization said this decision is in response to requests that a greater number of parties be given the opportunity to comment.

Since July, the CRJP has received feedback from all levels of the diamond and gold jewelry supply chain, non-governmental organizations, and trade associations on a draft version of its statement and principles. The statement will cover business ethics, social performance, and environmental performance. It has actively sought comments from a wide range of stakeholders, including and others. A survey seeking feedback is available at www.responsiblejewellery.com.

CRJP is in the midst of discussions with CIBJO, the World Jewellery Confederation, and two other trade organizations, the World Federation of Diamond Bourses and the International Diamond Manufacturers Association. All three organizations have expressed reservations about the CRJP’s process and goals and have refused to join the organization. CIBJO, at an executive committee meeting held earlier this month, upheld its decision not to join.

CRJP’s objective is to promote responsible ethical, social, and environmental practices throughout the diamond and gold jewelry supply chain from mine to retail.