Marie d’Huart MY FAIR DIAMOND CAP CONSEIL...About us CAP CONSEIL 2003 –consultancy in sustainability and social responsibility (CSR) CAP SOURCE - MY FAIR DIAMOND 2016 –responsible
Post on 16-Jul-2020
0 Views
Preview:
Transcript
Due Diligence in artisanal diamonds: Focusing on What Matters, Where it Matters
Marie d’HuartMY FAIR DIAMOND – CAP CONSEIL
About us
CAP CONSEIL
2003 – consultancy in sustainability and social responsibility (CSR)
CAP SOURCE - MY FAIR DIAMOND
2016 – responsible sourcing and ethicaldiamond jewellery
Serge De Backer Marie d’Huart
Due diligence in practice:
what is at stake?
• Knowing : the chain and its true risks
• Learning: skilled staff on good standards
• Verifying : internal & external sources
• Managing: investing, adapting costs
• Equipment: software, blockchain, IOT …
• Reporting: on real situation & improvements
• Partnering : eyes & ears on the field!– Diplomacy, NGOs,
The classical value chain
© CAP source
TODAY
Expectation gaps
Mix & sort
Industrial & small-scale
Dubious practices
Discrete sector
Traceability until origin
Chain of custody
Ethics & integrity
Full transparency
Business as usual
New trends
?
Mix &
Sort
1,5 $ / day
Our starting point
GO FOR MAXIMUM POSITIVE IMPACT
Means:
Going where change is most needed
Beyond Due Diligence
« Responsibly sourced »: 12 criteria
reflecting the risks and opportunities to monitor
1. Respect for Human Rights
2. Communitydevelopment
3. Conflict-free
4. No child labour 5. No forced labour6. Fair wages: living
wage, beyondminimum wage
7. Safety, healthand hygiene
8. Proper workingtime
9. Non-discrimination
10. Integrity and traceability
11. No bribery and money laundering
12. Respect for the environment
The Kimberley Process
certification does not address
human rights abuses,
environmental degradation and
other developmental
challenges.
SDG-mapping
of our business model
-5
0
5
10
15
20
25
30
35
40
45
sourcing from small-scale mining cut & polish manufacturing
partnerships &promotion retail
Positive contribution to the SDG’s all along the value chain
MY FAIR DIAMONDSphere of influence
Sphere of influence
Going there& partnering
Reporting & promoting
Positive contribution per SDG
End poverty in all its forms everywhere
End hunger, achieve food security and improved nutrition
and promote sustainable agriculture
Ensure healthy lives and promote well-being for all at all
ages
Ensure inclusive and equitable quality education and
promote lifelong learning opportunities for all
Achieve gender equality and empower all women and
girls
Ensure availability and sustainable management of water
and sanitation for all
Ensure access to affordable, reliable, sustainable and
modern energy for all
Promote sustained, inclusive and sustainable economic
growth, full and productive employment and decent work
for all
Build resilient infrastructure, promote inclusive and
sustainable industrialization and foster innovation
Reduce inequality within and among countries
Make cities and human settlements inclusive, safe, resilient
and sustainable
Ensure sustainable consumption and production patterns
Take urgent action to combat climate change and its
impacts*
Conserve and sustainably use the oceans, seas and marine
resources for sustainable development
Contribution
per SDG
Take urgent action to combat climate change and its
impacts*
Conserve and sustainably use the oceans, seas and marine
resources for sustainable development
Protect, restore and promote sustainable use of terrestrial
ecosystems, sustainably manage forests, combat
desertification, and halt and reverse land degradation and
halt biodiversity loss
Promote peaceful and inclusive societies for sustainable
development, provide access to justice for all and build
effective, accountable and inclusive institutions at all levels
Strengthen the means of implementation and revitalize the
global partnership for sustainable development
Due diligence: tracing & managing
can mean reinventing / shortening the chain
Others’ approach
very
fragmented
opaque
sequence
of owners
Our approach
we keep
full track
We
own
A->Z
Technical challenge: small scale
means partners and adaptation
• Artisanal = not easy – KISS principle!
➢ Weak literacy
➢ No infrastructure & low equipment
➢ small budget, small priority
• Partnerships: bring new actors in the
radar!
• Guaranteeing good practices =
ethical audits on the spot, following
sector-specific tools
➢ RJC Chain of Custody is an opportunity
Economical challenge:
Due diligence means additional time,
efforts and costs
• Investigating the chain = traveling
• Paying decent wages = premium
• Buying certified products = premium
• Paying extra-assurance = 3d-party audits
• Relocating some activities = higher wages
Limit risks, be modest and honnest
S T A R T F I N I S H
BANANKOROMARKETPLACE RESPONSIBLE
CERTIFICATION
ANTWERPMARKETPLACE
Business Partnership Facility: Enterprises for SDGsOpening a new trade of responsibly sourced
diamonds
Traceability & due diligence:
an ethical challenge for gems and money
2 standards = Double complianceCertification along the chain
1 Set up of management
systemsa. Policy in function of supply
chainb. Management protocolsc. Collect datad. Engage with supplierse. Management of complaints
2 risk identification &
evaluationRed flag activitiesMapping of risksEvaluation of risks
4 Due diligence
reportThird party audit
5 annual report
Annual reporting
3 risk management
Report on conclusions & analysisConsultation & controlsImplementation and follow-up on risk management
RED FLAG
No red flag
Controls & evaluation
for continuous improvement
Certification on the field: human rights risks
Sample Text Here
legality
Consent & community
engagement
Human & workers
rights
Health & safety on
site
Environmental management
Interaction with large-
scale mining
Site closure
Measurable requirements
Performance criteria
Acceptable audit
++
BOP blockchain?
Call for ideas
• Operational in a developing country
• Linked to IOT, I.A. and payment system
• Licensee free
• Supporting 2-ways flow: money & stones
We are looking for a partner with an ambition to co-design and provide technology and solutions
THANK YOU!
MARIE
d’HUART
top related