ETHICAL SOURCING - MID House of Diamonds
 

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ETHICAL SOURCING

MID only purchases diamonds that are “conflict-free”, and makes every effort to bar conflict diamonds – diamonds mined in a war zone and sold to finance violence – from its inventory. Our customers can rest assured that when they purchase an MID diamond, it was mined and procured from legitimate sources. All MID diamonds have a KP (Kimberley Process) certificate, which means that they have been purchased from ethical sources not involved in funding conflict. In other words, all MID diamonds are certified as conflict-free.

The Kimberley Process Certification Scheme (KPCS), established in 2003, was created by governments, non-governmental organizations, and diamond industry bodies to prevent criminal elements for placing conflict diamonds into the legitimate diamond supply pipeline. The Kimberley Process Certification Scheme, as well as the Clean Diamond Trade Act of 2003, laid the groundwork for creating a global diamond market that aims to be completely conflict free. Today, KP members account for approximately 99.8% of the global production of rough diamonds. The Kimberley Process (KP) has 54 participants, representing 81 countries, with the European Union and its Member States counting as a single participant.

MID only deals with suppliers of diamonds which comply with the Kimberley Process and its warranty system. This system created by the diamond industry operates through invoices covering the sale of rough diamonds, polished diamonds and diamond jewelry. The requirement applies to rough diamonds mined after December 31, 2002 and any products fabricated from them.

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