Signet Jewelers Limited, the world's largest retailer of diamond jewelry, recently submitted its fourth consecutive Conflict Minerals Report to the SEC in accordance with Section 1502 of the Dodd-Frank Act. Signet was one of only four companies to have its Gold Conflict-Free filing with the SEC independently audited in line with the Section 1502 requirements in 2014, 2015 and 2016.
Now Signet has extended its Conflict-Free reporting under Section 1502 for a fourth consecutive year. Signet believes that a responsible, conflict-free supply chain is fundamental to the reputation of the jewelry industry. Signet is, therefore, committed to continuing our longstanding efforts to advance responsible sourcing throughout the global jewelry industry supply chain.
Coupled with Signet’s efforts to source conflict free gold, we also aim to lead the continuous improvement in the integrity of the global jewelry supply chain. To this end, over the last four years, our accomplishments include: Signet is one of the founding members of the OECD’s Multi-Stakeholder Group which developed the Due Diligence Guidance for Responsible Supply Chains on Minerals from Conflict Affected and High-Risk Areas and which has been active in its further development and implementation.
Signet is also a member of OECD’s expert working group developing the OECD Minerals Handbook covering guidance for all minerals. Signet's position as a Founding and Certified Member of the Responsible Jewellery Council (RJC) has enabled us to encourage all of our Suppliers to become RJC members as well.
The total number of Signet Suppliers who are RJC members has more than quintupled since 2014. Moreover, harmonization of industry standards with Signet’s Protocols has resulted in more efficient and consistent verification of responsible sourcing standards across the jewelry industry.