Helzberg Diamonds is committed to going beyond the industry standards in our efforts to support human rights, environmental stewardship and ethical business practices.
Helzberg Diamonds is not a direct importer of merchandise except for loose diamonds. So, to meaningfully ensure compliance with its high standards of ethics, integrity and compliance, Helzberg Diamonds takes the following approach:
- We abide by the Kimberly Process and refuse to directly import, or buy from any importer or other supplier, any diamond mined after December 31, 2002 that is not accompanied by the World Diamond Council warranty statement. This warranty statement requires every seller in the chain of supply to affirm that the diamond has been purchased through authorized channels not involved in conflict funding.
- We require all of our suppliers to comply with a strict Supplier Code of Conduct as a condition of doing business with Helzberg and to warrant such compliance with respect to each purchase order. Helzberg Diamonds' Suppliers Code of Conduct imposes a strict gold and precious metals sourcing policy, establishes principles and code of practices that mirror those of the Responsible Jewelry Council (the “RJC”) and otherwise prohibits the use of child labor, forced labor, or discrimination against employees and requires compliance with applicable laws regarding reasonable working hours, employee compensation, a healthy and safe workplace and protection of the environment.
- We, through our employees with knowledge of the relevant supply chains, regularly evaluate the risk of slavery and human trafficking and other nonconformance to our Supplier Code of Conduct in our supply chain to identify high risk areas. We do not conduct audits of supplier compliance with Helzberg Diamonds’ Supplier Code of Conduct. We instead refuse to buy diamonds from suppliers that are not accompanied by the required World Diamond Council warranty and we require each supplier to certify compliance with respect to each purchase order. In addition, many of our suppliers are certified members of the RJC and/or The Jewelers Vigilance Committee.