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Does the company track its gems from mine to market to ensure meet the protocols of being fair trade?
Designed by
Metric Type
Researched
Value Type
Category
Unit
Range
Options
Research Policy
Community Assessed
Report Type
Corporate Social Responsibility Report

Fair Trade Gems are those that are closely tracked from mine to market to ensure that they have been handled according to a strict set of protocols. The protocols include environmental protection, fair labor practices, health and safety standards, and a tight chain of custody that eliminates the possibility of treated gems or synthetics being introduced into the supply chain. The program also includes promotion of cultural diversity, public education and industry accountability. Fair Trade Gems is a proprietary program of a specific gem dealer. Ethically sourced gems may meet the protocols of being fair trade, but not be traded through the supplier who owns the registration for this term


Methodology

This metric is asking puts in extra effort to ensure that beyond mining, the gems it uses are well protected.

You should only answer this question with a “Yes” for a company if you find evidence the company's sourcing covers areas of "Fair Trade", Environmental Protection, Health and Safety Standard. Non-Synthectic Introduction into the supply chain.

If you find this kind of evidence and enter a “Yes” value please leave a comment with some details of what you found as a comment.

The only way to make this judgment is to read in detail the material the company produces about its responsible sourcing policies and practices.

You may be able to make this judgment faster by searching those materials for terms such as "fair trade" or "fair labor".

You can find relevant materials through Conflict Mineral Reports of the company.

If you don’t find any evidence that the company's responsible sourcing policy covers these areas – set the company’s value to “No” and include the document(s) you read as source(s).