ALROSA confirms conformity to RJC Code of Practices

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December 29, 2020 – ALROSA successfully earned the re-certification of the Responsible Jewellery Council (RJC), confirming the compliance of its activities and supply chain with the RJC Code of Practices, which includes provisions of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals, and high international standards in the field of business ethics, human rights, social and environmental responsibility.

In 2020, ALROSA undertook the second re-certification audit for compliance with the requirements of the RJC (Responsible Jewellery Council) Code of Practices updated in 2019. AO PricewaterhouseCoopers Audit conducted the audit.

It took a few months to conduct a comprehensive audit of all the companies of the ALROSA Group involved in rough and polished diamond production and sales. The audit covered the practices of ensuring decent working conditions for employees, their labor rights and freedoms, labor safety and health, environmental protection, anti-corruption and a responsible diamond supply chain. It is worth noting that compliance with the requirements of the Code of Practices was confirmed by the subsidiary ALROSA (ZIMBABWE) Limited, making it the first ever RJC certified company in Zimbabwe. The audit also included JSC PO Kristall which became part of the ALROSA Group in 2019.

Following the audit, ALROSA obtained RJC certification for 3 years, the maximum period granted by the RJC.

“ALROSA is one of the first companies in the industry to confirm its compliance with the requirements of the updated RJC Code of Practices (2019). In this sense, it was important to reaffirm conformity of our internal control systems with the provisions of the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals. Not content with that achievement in itself, we will continue to work on improving our responsible business practices, strengthening consumers’ confidence in the modern diamond mining industry and making our contribution to the sustainable development of the regions. All this enables the company to ensure the ethical and responsible origin of its diamonds”, said Head of the International Relations Department Peter Karakchiev.

Apart from the RJC certification (https://www.responsiblejewellery.com/member/alrosa/), ALROSA participates in the FTSE4Good international rating. Also it has a BB rating in the MSCI ESG rating system that assesses environment, social responsibility and corporate governance. Besides, the Company has ranked among Top-10 in the environmental responsibility rating of Russian mining companies, developed on the initiative of the World Wildlife Fund (WWF) of Russia and the UNDP / GEF project of the Russian Ministry of Natural Resources and Environment. In 2019, the company received the Diamond Empowerment Fund (DEF) award for Community Stewardship.

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About the RJC

The Responsible Jewellery Council is an international, non-profit organization dedicated to the development and promotion of business certification standards for the jewelry industry. The RJC system allows to ensure uniform requirements for the entire supply chain of rough and polished products, gold, silver, platinum group metals and non-ferrous gemstones, which are based on international legislation, international and industry standards. RJC members are more than 1300 organizations representing the jewelry industry from production to sales of products to the final consumer. RJC members are independently audited against the Code of Responsible Practices, covering areas such as responsible mining practices, responsible supply chains in accordance with OECD Due Diligence Guidance, human rights and due diligence; labor rights and working conditions; safety, labor protection and environmental protection; product requirements.

The RJC is a Full Member of the ISEAL Alliance – the global association for sustainability standards.
For more information on RJC Members, Certification, and Standards please visit
www.responsiblejewellery.com

This page was last updated on 29 December 2020 at 13.37