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On the source of Tiffany Diamonds and sustainability

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Ty Cobb

Shiny_Rock
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May 4, 2007
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This is an excert from the Tiffany Sustainability brochure off the Tiffany foundation website-http://www.tiffanyandcofoundation.org/


DIAMONDS
TIFFANY & CO. diamonds come primarily from three geographic regions. The Canadian Arctic is a
major source, where we have direct supply agreements with three diamond mines, and where we cut
and polish diamonds. We also buy diamonds from Africa and Russia. To help ensure the integrity of
our supply chain, we created Laurelton Diamonds, a wholly owned subsidiary that procures rough
diamonds and manages the worldwide supply chain that cuts, polishes and supplies finished stones
to Tiffany. As part of that supply chain, we operate our own diamond cutting and polishing workshops,
as well as our own gemological laboratories.
The Kimberley Process Certification Scheme, an international, cooperative monitoring system, was
created to eliminate the flow of “conflict diamonds”—diamonds that are smuggled out of war-torn
regions by those seeking to finance violence. The Kimberley Process requires participating countries
to tightly control the import and export of rough diamonds and to establish control systems over their
private sectors that trade in rough diamonds. In compliance with this process, rough diamonds move
among participating countries in sealed containers with accompanying documentation evidencing
that the diamonds are conflict-free. TIFFANY & CO. purchases diamonds only in those countries that
are full participants in the Kimberley Process Certification Scheme.

Make of it what you will, I just know in the past the source of Tiffs diamonds and wether they cut them or not has been debated several times.

The whole brochure is rather interesting to read. Here is a direct link.

http://www.tiffanyandcofoundation.org/TiffanySustainabilityBrochure.pdf

I had to right click and select open in a new window to get it to open.
 
Hmmmm.... very interesting, it''s good to hear it from the horse''s mouth so to speak. Thanks for sharing that.
 
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