Alrosa Issues New Ethical Guidelines for Buyers

Russian diamond miner Alrosa is asking its buyers to adhere to new guidelines that demonstrate ethical and responsible business practices.

The new guidelines, which are part of a new initiative called the Alrosa Alliance, require buyers to: 

– Share the objectives and principles of the Kimberley Process and inform business partners that diamonds they trade are conflict-free.

– Operate in accordance with the principles of lawful and fair competition, anticorruption, anti–money laundering, financial transparency, and information disclosure. 

– Rigorously observe human and labor rights and provide safe working conditions. Avoid discrimination and forced and child labor.

–  Minimize damage to the environment, and use mineral resources responsibly.

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JCK News Director