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Mining, Ethics & Sustainability βππ
Mining, Ethics & Sustainability βππ
An ethical gemstone would be one that is extracted from the ground with minimal environmental damage by miners who are not exploited or suffering terrible working conditions and the profits are not used to fund war, terrorism, or political corruption. π·ββοΈπ·π½
Knowing a gem's country of origin is important because it lets you know the impact your purchase has on the communities that mined it! πͺ¨β
Digging for Ethical Gemstonesπ
Digging for Ethical Gemstonesπ
Our earth's resources are finite. π
Mining always has an impact on the environment, and in some cases, working conditions are less than ideal. π·ββοΈβ
Learn about the difference between being an ethical and a sustainable brand and what you can do as a consumer! ππͺ
The Mine-to-Market Value Chain
The Mine-to-Market Value Chain
Know where your gemstones and crystals are coming from. ππ
Mining value chains are highly complicated and must account for all assets, including equipmentβ, processing plantsπ, and railwayπ€ and port operations. π’
While preparing to address these tighter regulations, mining companies must significantly reduce their environmental footprint to satisfy the increasing push for disclosure by governments, investors, and stakeholders. π
Thus, taking a closer look at the value chain from mine to market is the first step in addressing these challenges! πͺ
Source: McKinsey & Company, The mine-to-market value chain: A hidden gem (October 2020)
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