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The World Jewelry Confederation (CIBJO) and the Worldwide Grown Diamond Affiliation (IGDA) have formalised a brand new partnership in pursuit of defending client confidence within the jewelry {industry}.
The settlement was confirmed on 25 June within the UK as a memorandum of understanding, signed by CIBJO president Gaetano Cavalieri and IGDA president Joanna Park-Tonks.
As a part of the settlement, the IGDA will turn out to be a member of CIBJO’s Laboratory Grown Diamond Committee. The aim of the committee is to outline lab-created diamond buying and selling practices as a way to elevate client schooling and confidence.
“Over the previous a number of years the lab-created diamonds sector has grown into a big and distinguished a part of our {industry}, and all of us have a vested curiosity in one another’s success,” Cavalieri stated.
“That positively will likely be enhanced by having the IGDA as a everlasting a part of the dialogue and the decision-making course of.”
The rapid focus of the committee will likely be addressing the necessity for ‘sincere and correct’ advertising and marketing round sustainability points – an space that Park-Tonks stated requires cross-industry collaboration.
“This sends a transparent sign to the worldwide jewelry {industry} to set private agendas and egos apart, putting the patron and their finest pursuits on the coronary heart of our work,” she stated.
“All of us agree {that a} technique of deriding pure diamonds or lab-created diamond merchandise isn’t conducive to customers’ understanding of both sector. Collectively we’re stronger and we collectively acknowledge the need of speaking clearly, actually, and transparently.”
Park-Tonks was appointed the president of the IGDA in January and through her transient tenure has emphasised the necessity for open communication between the lab-created and pure diamond industries.
Extra studying
Crystal gazing: the future of lab-created diamonds
New academy aims to strengthen jewellery industry
CIBJO offers free resources during COVID-19 pandemic
Change of leadership for Responsible Jewellery Council
New president for International Grown Diamonds Association
Lab-created diamond body names committee
International Grown Diamond Association launches IGDA 2.0
Lab-grown diamonds – 100 per cent diamond
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