Best Practice Principles
The Best Practice Principles apply to the entire De Beers Family of Companies, all Diamond Trading Company Sightholders (clients) and certain third parties.
All are required to use their best endeavours to ensure that the companies with which they work also comply with these standards.
The Best Practice Principles set out various required standards of conduct with regards to three main areas:
- Business Responsibilities
- Social Responsibilities
- Environmental Responsibilities
Business Responsibilities ensure that all operations act responsibly, ethically and in compliance with the law. This includes sales transactions, supply chain management, the sourcing of diamonds, interaction with the local community and overall business relationships. This applies to every employee at every level.
Social Responsibilities ensure that the De Beers Family of Companies and our business partners are discovering new ways of generating real social value in the communities in which we operate.
Environmental Responsibilities ensure all operations adopt the highest standards required by law in an effort to minimise their impact on the environment.
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