JNA Oct 2018

INSIGHT JNA | 24 | OCT 2018 W ith a plethora of information right at their fingertips, today’s consumers rarely make uninformed buying decisions. From purchasing food, clothes or luxury items, buyers’ universal requirements boil down to transparency and responsible sourcing. With this in mind, clients are more perceptive to products that were manufactured and processed in accordance with best practice principles, ultimately benefitting workers and communities. In the coloured gemstone and jewellery industry, a high level of transparency is yet to be fully achieved despite strong support from major brands. Traceability challenges Clement Sabbagh, president of the International Colored Gemstone Association (ICA), said modern consumers’ penchant for Rough Zambian emerald (Photo courtesy of Gemfields) Small-scale emerald mine in southern Ethiopia (Photo courtesy of Gübelin) The future of the trade TRACEABLE GEMS: Transparency has become a byword in the gemstone sector, with industry groups and other stakeholders staunchly supporting gem education and investments in traceability programmes. At the centre of this progressive movement is technology – a crucial agent of change amid a highly fragmented and complex world of gems. By Bernardette Sto. Domingo

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