Charles Rose exclusively source diamonds that conform with the Kimberley Process Certification Scheme (KPCS). Established in 2003, this certification and monitoring process ensures the legitimate provenance of gemstones by identifying and preventing illegally traded gems from entering the global rough diamond supply chain. The Kimberley Process is a significant and successful worldwide initiative.
DIAMOND TRADE AND DEVELOPING NATIONS
Diamond mining is a significant source of foreign capital, salaries and tax revenue for many developing countries. The global diamond industry employs some 10 million people directly and indirectly worldwide. The vast majority of diamonds purchased in the West bring benefits to millions of poor residents from African countries including Namibia, South Africa and Botswana (diamonds represent 33% of the GDP of Botswana). These developing nations use this revenue in the development of infrastructure and essential social services.
The Kimberley Process saw international governments, the United Nations and many humanitarian organisations collaborate to stop the illicit diamond trade, ensuring the trading of only legitimately sourced diamonds. This has seen a significant drop in the illegal trade of diamonds, which currently accounts for only a small fraction of the total diamond trade (less than 1%). The Kimberley Process has helped benefit the people of many African nations: "For our people, every diamond purchase represents food on the table; better living conditions; better healthcare; safe drinking water; more roads to connect our remote communities and much more." – President Mogae of Botswana, June 7, 2006.
Charles Rose is proud to support the diamond industry and its overwhelmingly positive benefit to the lives of people in need across developing African countries. By providing a premium International diamond grading certification as part of the Kimberley certified diamonds program, our clients can rest assured that we only use ethically sourced diamonds in every Charles Rose jewellery design.