The Jewellery Industry's Role in Sustainable Development | Print |

In March 2007, CIBJO, The World Jewellery Confederation, held its first ever congress on the African continent. The theme of the event, which took place in Cape Town, was the role of the international jewelry industry in promoting responsible business practices and economic sustainability in countries where raw materials are produced.

During the congress, members of national jewellery associations from around the world issued the Cape Town Declaration, which noted the role of the jewellery industry in promoting social corporate responsibility “by seeking to develop programmes that produce decent employment, a decent work environment and sustainable development.” The Cape Town Declaration also recognized “that the jewellery industry, as a member of the international business community, shares a responsibility toward the greater society in seeking practical solutions towards the eradication of extreme poverty and hunger, as well as to developing a global partnership for development.”

Addressing the congress, CIBJO President Gaetano Cavalieri stated: “Let the word go out from Cape Town that, while jewellery may described as a luxury product, the industry that produces it is an essential item—certainly when it comes to economic development. When consumers buy jewellery, they should know that not only is it an expression of value, beauty and emotion, but they have contributed to making a better life for people who need it most dearly.”