We uphold high standards of business conduct and ethics in our own operations, and partner with industry peers to promote responsible, ethical environmental and social practices throughout the diamond supply chain.
Our Code of Ethics and Business Conduct (the Code) is written to ensure that directors, officers, suppliers, and employees understand the importance we place on ethical conduct. All employees must read the Code and confirm in writing that they have done so, and must agree to abide by the terms as a condition of employment. Under the Code, they have a duty to report any suspected violations to their supervisor, to a member of the Senior Leadership Team, or to a member of the Ethics and Compliance Committee, or to follow the procedures set out in our Whistleblower Protection Policy.
Supply Chain Integrity
All suppliers and contractors are expected to understand and comply with our policies and procedures and our Code of Ethics and Business Conduct. In 2017, we will develop a Supplier Code of Conduct, and all suppliers and contractors will be expected to adhere to it as well.
Supply chain systems and processes are designed to add value to our business and reduce risk. The new supply chain policy, rolled out in May 2016, gives preference to northern and Impact Benefit Agreement (IBA) affiliated businesses, with a specific focus on vendors affiliated with groups that are party to an IBA. The policy confirms our commitment to work only with suppliers that demonstrate safe operating practices, ethical business conduct, and responsible environmental management practices.
Dominion takes deliberate steps to maximize business opportunities for northern and northern Aboriginal businesses. In late 2016, we initiated a process of issuing quarterly business opportunity summaries to our IBA partners to give them advance notice and a chance to reach out directly to us to express an interest in certain scopes of work.
For small businesses looking to grow, participation in competitive bidding can be complex. We are prepared to offer support and advice to northern and IBA-affiliated businesses on our proposal submission process, to make it accessible for all businesses, to promote competition, and to facilitate compliance with our submission requirements.
Customers wishing to purchase rough diamonds from Dominion are required to confirm in writing, on their own letterhead, that all efforts will be taken by their management to implement the requirements of the Responsible Jewellery Council (RJC) 2013 Code of Practices. They must also confirm the following:
- They will not employ children who are less than the age of completion of compulsory schooling. In any case, they will not employ children who are less than 15 years of age. They will maintain proof of age for their employees.
- They will not indulge in practices such as withholding important original documents from employees or restricting employee movements, which can result in forced labour.
- They will pay at least the minimum wages required by law (as applicable) to all employees.
- They will attend to employee safety issues so that serious injury or death does not result.
- They will respect human rights of all employees and ensure no abuse of such rights.
- They will ensure that no significant adverse effect is caused to the environment.
- They will only trade in ethically sourced diamonds.
- They will always disclose any treatment that may be carried out on diamonds.
- They will not engage in money laundering or financing of terrorism.
- They will not be involved in any action that may bring disrepute to the gems and jewelry industry.
Our CanadaMark hallmark program is a strategic initiative to assure the integrity of the supply chain of Canadian diamonds from mine to retail. The program offers both certified and melee diamonds that are:
- Responsibly mined in Canada’s Northwest Territories
- Natural and untreated
- Tracked through audited processes at every stage, from country of origin to polished stone
CanadaMark certified diamonds are polished to meet specific quality standards, and are laser inscribed with the CanadaMark logo and a unique serial number. This number is recorded on a certificate card, which accompanies the diamond on the rest of its journey to customers.
Canada’s subscription to the Kimberley Process Certification Scheme (KPCS) and the System of Warranties further ensures that all diamonds the company sells are of known country of origin and are ethically sourced.
Dominion is a member of the Responsible Jewellery Council (RJC), which promotes responsible, ethical environmental and social practices throughout the diamond chain. Our Sustainable Development Policy, Code of Ethics and Business Conduct, and our corporate social responsibility activities illustrate our commitment to the RJC’s responsible business practice standards.
We are also a founding member of the Diamond Producers Association (DPA), whose mission is to protect and promote the integrity and reputation of diamonds, thereby ensuring the sustainability of the diamond industry.