Book Title: Samkit Faith Practice Liberation
Author(s): Amit B Bhansali
Publisher: Amit B Bhansali

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Page 425
________________ 3.3.4. Our Commitments Rosy Blue is committed to consistently improve its business and operating practices across the value chain and the markets it serves. This is why we engage explicitly in a series of international initiatives which we believe help us progress towards a meaningful social responsibility, tackling the issues most material to our business operations. The following table highlights the link between the Global Compact Principles and the Responsible Jewellery Council's Code of Practices and the connection with the Best Practice Principles developed by De Beers diamond mining company(13). Topic GLOBAL COMPACT PRINCIPLES BEST PRACTICE PRINCIPLES RJC CODE OF PRACTICES Principle 1, 2 Principle 10 Principle 3,4,5,6 Legal compliance Human rights Business partners Kimberley process and system of warranties Bribery, anti-corruption, facilitation payments and gifts Product integrity Labour rights and working conditions General employment terms Working hours Remuneration Non-diserimination, discipline and grievance practices Child labour Forced labour Freedom of association and collective bargaining Health & safety Environmental management Hazardous substances Waste and emissions Community engagement Principle 6 Principle 5 Principle 4 Principle 3 Principle 7,8,9 COMMITMENTS BY ROSY BLUE Signatory since 2008 Participant and audited annually since 2007 RB NI is certified since 2011 RB I is certified since 2013 Best Practice Principles Rosy Blue is a client of De Beers Global Sightholder Sales (formally known as Diamond Trading Company), contractually obliged to abide by the De Beers Best Practice Principles. We are audited annually since 2006 and we have been found to be compliant to this proprietary programme. The BPP Assurance Programme is a systematic means of monitoring the compliance of the De Beers Group of Companies, Sightholders, substantial contractors and, where relevant, their business partners in the diamond industry with the BPPs. It has been developed to provide evidence to supply chain partners, consumers and other interested stakeholders that the exploration, extraction, 422

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