GJ Town India

  CIBJO released ninth pre-CIBJO Congress 2024 special report   With fewer than three weeks to go to the opening of the 2024 CIBJO Congress in Shanghai, China, on November 2, 2024, the ninth of the pre-congress Special Reports has been released. Prepared by the CIBJO Coral Commission, headed by Vincenzo Liverino, the report look at how the industry has relied on science both to ensure the sustainability of its own precious coral resources, as well as to help save non-precious reef corals that are under threat from global warming and ocean acidification.   “While we have underlined the fact that deep-water precious corals should not be regarded in the same way as the shallow reef-corals, as a community that is a fully conscious of the necessity of conservation we share same global environmental concerns, and are committed to using the knowledge we have gained to conserve what remains in the shallow-water reefs and maybe revive what has been damaged in recent years,” writes Liv

  The 2030 Agenda, we all need to scale up: CIBJO President   Speaking to the United Nations General Assembly in New York, CIBJO President Gaetano Cavalieri recently expressed the commitment of the international jewellery, gemstone and precious metals industries to the fulfillment of the UN’s Sustainable Development Goals, noting that “Our world faces unprecedented challenges, but together we still have the opportunity to construct a better future for all, building resilience and leaving no one behind.”   The CIBJO President was among a handful of NGO leaders selected to address the 79th sitting of the UNGA, with only one NGO delegate being provided the opportunity to speak each half-day session to the gathering of world leaders. CIBJO has served as the global jewellery sector’s sole representative in the UN’s Economic and Social Council (ECOSOC) since 2006, when it was granted Special Consultative Status in the organisation.   “We are fully committed to reinforce the 2030

Reviews performance of precious metals in 2023-2024 With fewer than nine weeks to go to the opening of the 2024 CIBJO Congress in Shanghai, China, on November 2, 2024, the third of the pre-congress Special Reports has been released. Prepared by the CIBJO Precious Metals Commission, headed by Vaishali Banerjee, the report provides a detailed overview of the gold, platinum, palladium and silver markets during 2023 and much of 2024. The group of precious metals showed differing movement, Vaishali wrote, but the trends that influence prices and demand were generally from outside the jewellery industry. Some were investment-driven and others industrial, with the rapid transformation of electric car manufacturing being a quite decisive factor.    “Investment was the overarching theme for gold in 2023 both for institutional and retail investors,” she noted. “The gold price scored several record highs in the year and has continued the momentum. This is projected to lead to a slowdown in invest

Popular jewellery industry voices on September 8, 2024   CIBJO’s popular Jewellery Industry Voices webinar and seminar series will continue at the Vicenzaoro show in Vicenza, Italy, with four hybrid seminars – in person at the Palladio Theatre at the Fiera di Vicenza exposition centre, and simultaneously live streamed. They will take place on Sunday, September 8, 2024.    The event is being hosted by the Vicenzaoro organizer, the Italian Exhibition Group (IEG), and is part of a joint CSR and sustainability educational programme for the jewellery industry, presented by CIBJO and IEG, which has been recognized by the Economic and Social Council (ECOSOC) of the United Nations.   The programme is as follows: Seminar 1: Perspectives on the use of recycled gold! Organized in cooperation with the World Gold Council, the seminar will consider the increasingly scrutinized topic of recycled gold, which is gaining in prominence because of increasing consumer and regulatory demand for

Provides guidance on how ESG compliance be achieved!   With fewer than 10 weeks to go to the opening of the 2024 CIBJO Congress in Shanghai, China, on November 2, 2024, the second of the pre-congress Special Reports has been released. Prepared by the CIBJO Sustainable Development Commission, headed by John Mulligan, it examines ways in which jewellery companies can meet the growing demand to become compliant with responsible environmental, social and governance (ESG) principles.   If the jewellery industry as a whole is to build and sustain consumer trust, it needs to avoid fragmented and potentially contradictory responses, writes Mulligan. “How then do we strive to encourage and support the global jewellery sector so that it might move in a relatively consistent or broadly convergent manner towards a set of common sustainability objectives?” he asks.   The CIBJO Sustainable Development Commission has been developing solutions, Mulligan reveals in the report, seeking to define a secto

Reported for September 2022 to September 2024   The World Jewellery Confederation (CIBJO) has formally reported to the UN Global Compact about activities and programmes that it undertook in support of the United Nations organization’s international mission over the two-year period that started in September 2022. Described as the world's largest corporate sustainability and social responsibility initiative, with more than 20,000 business participants and other stakeholders in more than 167 countries, the UN Global Compact is a forum dedicated to encouraging commercial bodies and trade associations worldwide to adopt sustainable and socially responsible policies, and to report on their implementation. CIBJO has been a member of the UN Global Compact since November 2006.    To maintain UN Global Compact membership, affiliated companies and organisations are required to issue formal reports every two years, called Communications on Engagement, describing actions undertaken to suppo

                                          Called on Pandora to issue a public statement                                                                         Retracting the false and misleading narrative!   Jewellery Market Bureau:  Recently, Ronnie VanderLinden, President- IDMA quoted the joint statement of leading jewellery industry organizations & said in IDMA's Weekly Internet News Collection - May 9, “Pandora sells only 50,000 pieces set with small diamonds, out of annual sales of the total of 8.5 pieces. From a marketing point of view, Pandora’s strategic decision to adopt the much cheaper LGDs may be a sound marketing decision by itself as diamonds made up such a small segment in their products catalogue.   However, the way and wording the company chose to motivate and announce its decision was outright reprehensible and irresponsible. This, therefore, is no small matter, and we hope that Pandora will recant and apologize. (Related Pandora’s News: https://gjtownin

Statement at UN General Assembly   CIBJO, the World Jewellery Confederation, has participated in a special session of the United Nations General Assembly, which took place in New York on December 3 and 4, 2020, looking at the impacts of the COVID-19 pandemic on people, societies and economies, and discussing the multifaceted and coordinated response required to address the crisis.   CIBJO was invited to participate in the session as the jewellery and gemstone industries’ only representative in the UN’s Economic and Social Council (ECOSOC), delivering a written statement that was presented to the body on December 3 and posing a question that was addressed in the panel discussions that took place on December 4.   The COVID-19 pandemic was described as the greatest global health crisis since the creation of the United Nations 75 years ago, with fundamental humanitarian, socio-economic, security and human rights implications. To date it has claimed more than 1.3 million lives, infect

  Eying on to educate and certify CSR, sustainability  and SDG officers for the jewellery industry!   CIBJO, the World Jewellery Confederation, and Intertek Italia SpA, the Italian subsidiary of the Intertek Group, a multinational assurance, inspection, product-testing and certification company that assists companies ensure that their operating procedures and products meet quality, health, environmental, safety, and social accountability standards, have announced a joint initiative to educate, train and certify CSR, sustainability and Sustainable Development Goals (SDG) compliance officers, specifically for the gemstone and jewellery industries. It will be the first dedicated programme of its sort worldwide. The announcement was made on September 12, 2020, during the opening day of the VOICE VicenzaOro trade event in Vicenza, Italy, by CIBJO President Gaetano Cavalieri, who was joined on the main stage by Alessandro Ferracino, Regional Director of Italy & France Intertek; Maria Fra

  The first-ever standard approved!            CIBJO, the World Jewellery Confederation, has described as ground-breaking the publication by the International Standards Organisation of ISO 24016, the first-ever standard approved by the body that specifies the terminology, classification and the methods to be used for the grading and description of single unmounted polished diamonds.   “This is a historic moment for our industry,” said CIBJO President Gaetano Cavalieri, “for it is the first time than a strictly defined diamond grading system has been ratified by the world’s leading standards body, formally recognizing principles and terminology that to date have not been approved by any impartial and international authority. ISO 24016 essentially parallels the CIBJO Diamond Blue Book, meaning that our widely-accepted standard is now effectively validated by ISO.” “The aim of a standard for grading unmounted polished diamonds is to set rules for determining with maximum precision a

United Nations publishes CIBJO statement to ECOSOC High-Level Political Forum on SD The Office of the United Nations Secretary General has announced the publication of statements delivered by NGOs affiliated to the UN Economic and Social Council (ECOSOC), for the High-Level Political Forum on Sustainable Development (SD) that is currently taking place. Only 179 statements from the more than 5,400 NGOs affiliated to ECOSOC were published, and among them was the declaration delivered by CIBJO, the World Jewellery Confederation. Representing the international jewellery sector in the key UN agency, which is responsible for promoting the body’s Sustainable Development Goals, CIBJO became the first and only jewellery industry organisation in ECOSOC when it received special consultative status in 2006. “CIBJO, the World Jewellery Confederation, remains committed to the implementation of the Sustainable Development Goals (SDGs), and to furthering this objective through the