Rapaport News


Polished Markets


Advanced search
Latest Articles
Rough Markets
Polished Markets

Synthetics Could Get Sustainability Badge

Project is the new Lab Grown Diamond Council’s first initiative.
May 23, 2019 5:44 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... The Lab Grown Diamond Council (LGDC) will create the first sustainability certification mark for synthetic diamonds to reassure consumers their stones have met rigorous environmental and social standards, the newly-established trade group said.

“Our mission is to create increased market clarity about the benefit of lab-grown diamonds,” LGDC chairman Michael Barlerin explained Wednesday. “This is a giant step in that process.”

The new standard will address environmental stewardship, social responsibility and economic viability. It will also establish a climate-neutrality benchmark goal for participating companies, the LGDC noted.

Before approving certification, the LGDC, together with third-party certifier and standards developer SCS Global Services, will conduct a comprehensive assessment of the lab-grown production process. That procedure will include compliance auditing, diamond testing and traceability. Once the process is completed, qualifying synthetics businesses will be issued an SCS Sustainably Grown Diamond certification mark.

“As consumers increasingly choose lab-grown diamonds, they want to be sure that their choices match their values,” said Stanley Mathuram, vice president of SCS. “Certification to the Sustainably Grown Diamond standard will provide the scientifically robust reassurance that consumers are looking for, demonstrating company performance in meeting rigorous environmental and social requirements.”

Certified companies can use the Sustainably Grown Diamond label to market their products to consumers, as well as in communications with the trade.

The LGDC expects to begin the certification process by the start of 2020, it added.

Image: Lab-grown High-Pressure High-Temperature (HPHT) diamonds. (Ludvig 14)
લેબલો: Lab Grown Diamond Council, Lab-Grown Certification, LGDC, Michael Barlerin, Rapaport News, SCS, SCS Global Services, SCS Sustainably Grown Diamond, Stanley Mathuram, sustainability certification mark, Sustainably Grown Diamond mark
સમાન લેખો
Polished diamondUS Polished Imports Continue to Drop
Nov 22, 2020
The US recorded its 18th consecutive monthl...
Israel Polished Exports Slump
Rapaport Weekly Market Comment
ટિપ્પણીઓ: (0)  Add comment ટિપ્પણી ઉમેરો
ટિપ્પણીઓ ગોઠવો અંતિમ થી પ્રથમ

અમને ફોન કરો: ૧-૭૦૨-૮૯૩-૯૪૦૦
Member License Agreement   RapNet Trading Rules & Code of Conduct    ગોપનીયતા નીતિ  
twitter twitter
વિશે Rapaport
અમારી સાથે જાહેરાત કરો