RapNet


Rapaport News

 

Polished Markets

 

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail

Plumb Club Requires Members to Join RJC

Groups want to create standardized code of practices for the industry.
Sep 22, 2019 6:05 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share


RAPAPORT... The Plumb Club has become the first trade group to require all members to sign up to the Responsible Jewellery Council (RJC).

The supplier and manufacturer group hopes that other trade associations will follow suit, thereby ensuring the entire trade is on the same page when it comes to responsible supply chains.

“Having a standardized, universal code of practices throughout our industry that the retailer, consumer and even our government can rely upon to guarantee that these products are the most responsibly sourced and ethically produced in the marketplace is critical,” Michael Lerche, president of The Plumb Club, said last week at a press conference in New York.

As a certified member of the RJC, each business’s practices will be verified by a third party through the council, with an independent auditor checking that it falls in line with the RJC’s code of practices, Lerche explained. The groups believe this will help build faith in the industry.

“At the RJC, we believe that building consumer confidence is not only important for the future of our industry, but is also an imperative that can be acted on today,” said David Bouffard, RJC chairman and vice president of corporate affairs for Signet Jewelers.

Bouffard has also invited other diamond and jewelry groups to follow The Plumb Club’s action.

“As chair of the RJC, I ask other trade associations within our industry to…require your members to join the RJC,” he stressed. “The RJC has a team ready and willing to help your organization develop its own model of cascading membership.”

Image: From left to right: David Bouffard; Brandee Dallow, RJC North America business development consultant; Michael Lerche; and Lawrence Hess, executive director of The Plumb Club. (The Plumb Club)
Tags: david bouffard, Michael Lerche, Plumb Club, Rapaport News, Responsible Jewellery Council, RJC, Signet Jewelers
Similar Articles
Antwerp BeursAntwerp Bans Lab-Grown from Trading Floors
Oct 10, 2019
The Federation of Belgian Diamond Bourses has introduced aban on lab-grown...
Pink Diamond Nets $20M at Sotheby’s
WFDB Prepares Master Plan to Boost Relevance
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us