About Us
Established in 1976, the Rapaport Group is an international network of companies providing added-value services that support the development of ethical, transparent, competitive, and efficient diamond and jewelry markets.
We are a value-based organization that believes that business is about creating a better world – not just making money.
Social Responsibility
Martin Rapaport, Chairman, Rapaport Group
Rapaport Social Responsibility Conference 2024
Leaders from across the diamond and jewelry industry gathered at the Rapaport Social Responsibility Conference to discuss key issues in ethics and transparency.
Fair Trade
We are a value-based organization that believes that business is about creating a better world – not just making money. Rapaport works within the diamond industry to create a safer and cleaner diamond supply chain. We work with people in mining, cutting and polishing, retail, and with consumers to understand all their stories and make their voices heard.
What is Fair Trade?
At Rapaport, fair trade means a product which has met the following four conditions: Fair Wages, Community Benefit, Do No Harm, and Monitoring. The process of meeting these conditions isn’t so simple
Moral Clarity and the Diamond Industry
We in the diamond industry must take personal responsibility for the consequences of our business decisions.
The Peace Diamond
Instructions were given that the diamond was to be sold in a transparent and competitive auction process that will ensure fair market value. Due to the significant benefit the Peace Diamond will bring to the people of Sierra Leone and to encourage legitimate artisanal diamond distribution channels, the Rapaport Group has agreed to provide our marketing and auction services for the Peace Diamond free of all charges.
Source Certification
Rapaport Source Certification Coming Soon
Do Consumers Care About Diamond Origin?
One of the ongoing questions in the diamond industry is whether shoppers care about the source of the stones they buy. For Olivia Landau, CEO of online natural-diamond retailer The Clear Cut, the problem is more fundamental.
Transparency
The Rapaport Group is a primary advocate of free, fair, efficient and competitive diamond markets. Martin Rapaport played an integral part in the establishment of the Kimberley Process. He is a strong advocate of diamonds for development, an ethical diamond trade, and the establishment of a Fair Trade Jewelry sector that will improve the lives of millions of impoverished artisanal diggers, diamond cutters and jewelry makers.
Rapaport Trade Mission to Sierra Leone
The Rapaport Trade Missions to Sierra Leone provides an opportunity for members of the diamond and jewelry trade to meet and interact with artisanal miners. Martin Rapaport, chairman of the Rapaport Group, will head the mission
US Sanctions
The Rapaport Group supports efforts by the US government to reduce Russia’s revenue from the sale of diamonds. On May 7, 2022, we updated our RapNet trading rules and client agreements, prohibiting the listing of “Russian Source” diamonds even if manufactured outside of Russia. We also ceased providing price and information services to Russia.
Moral Clarity and the Diamond Industry
Rapaport Letter to the US Office of Foreign Asset Control (OFAC)