Signet’s rigorous approach to transparency ensures every diamond we sell is conflict free and free from human rights abuse. As the world’s largest retailer of diamond jewelry and a purpose-driven and sustainability-focused company, Signet is a participant in the United Nations Global Compact and adheres to its principles-based approach to responsible business. As retailers, we are uniquely positioned in the supply chain with an unequaled imperative to ensure consumer confidence, standing behind everything we source and sell.
Historical industry issues are not issues for Signet because we use a four-layered system of checks and balances to continuously improve the integrity of our global diamond supply chain:
- Signet created the award-winning, open-source Signet Responsible Sourcing Protocol (SRSP) 10 years ago. Mandatory for all Signet suppliers, this audited Protocol incorporates best-in-class principles that build on existing industry standards including the KP, WDC SoW, the UN Guiding Principles on Business and Human Rights, and the OECD’s Due Diligence Guidance for Responsible Supply Chains.
- Signet is a Founding Member of the Responsible Jewellery Council since 2005 and a participant in its SDG Taskforce, actively ensuring responsible business that includes human rights, labor practices, environment and anti-corruption. Signet’s Vice President of Corporate Affairs is the Chair of RJC’s BOD, serving the second of his elected 3-year terms.
- Signet is an active member of the World Diamond Council (WDC), a non-profit trade association established in 2000 to combine efforts of the global diamond industry to support the Kimberley Process in preventing conflict diamonds from entering the legitimate diamond trade. We audit the implementation of the WDC’s System of Warranties (SoW), which extends the effectiveness of the KP beyond the export and import of rough diamonds to the polished diamonds we sell.
- Signet adheres to The Kimberley Process which is an international certification program that regulates trade in rough diamonds. It aims to prevent the flow of conflict diamonds, while helping to protect the legitimate trade in rough diamonds.
We urge everyone with a stake in our industry to continue with or join us in this pursuit of integrity, transparency, and accountability. In that spirit, we encourage others to leverage our Signet Responsible Sourcing Protocol that prioritizes human rights along the entire global jewelry supply chain, and actively engage with the KP, the WDC and the RJC.