CEO's Corner®-By K.L.P Entertainment™-"January 23rd Edition"

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CEO’S CORNER®

Women’s economic potential in India

The Responsible Jewellery Council has hired Melanie Grant, the woman behind Sotheby's "Brilliant and Black" exhibition, as executive director. Melanie Grant, who is well-known in the jewelry industry as a writer, an author, and a curator, is now taking on a management position. She will start working as the executive director of the Responsible Jewellery Council (R.J.C. ), a London-based organization that calls itself "the world's foremost sustainability standard-setting

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establish a "global standards body supervising, auditing, and defending all areas of supply chain business operations from mine to the consumer's."David Bouffard, a vice president of Signet Jewelers and the organization's head, wrote in an email, "to retailer, and ultimately safeguarding consumer confidence. The council has nearly 1,700 members in 71 nations; the

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majority of these members have

organization's ethical standards.

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Ms. Grant, 49, has experience in writing, photography, and art direction. She has worked for publications like The Financial Times, The Guardian, and the BBC. Her most recent position was at The Economist, where she started 16 years ago as a researcher. She was in charge of its luxury articles and photography, as well as the news and feature photography, when she resigned in December. managing reporting obligations. She is wellknown in the jewelry industry for her books "Coveted: Art and Innovation in High Jewelry," published by Phaidon in 2020, and "Brilliant and Black: A Jewelry Renaissance," a collaboration with Sotheby's that featured 21 Black jewelry designers and was the first of its kind by a major auction house. The next occasion happened in September 2022. Ms. Grant acknowledged that despite her accomplishments, she was not the apparent candidate for a role involving policy, raw materials, and manufacturing. She

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jewelry.

She wants to put her love for the environment into action by addressing environmental responsibility issues. The main problem facing the jewelry industry, according to her, is sustainability. "I want to know what I can do, and that's one of the things that makes me thrilled." Her goal includes "simplifying" the procedure for adopting environmentally friendly behaviors so that they will be "available to more people."

Initially, according to Mr. Bouffard's letter, she will be focusing

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n creating new regulations for labgrown materials as well as handling "an enormous international project in the queue for this summer."

Ms. Grant stated that in order to She study like and gem cutting, through her job. “I’m hoping for a bit of immersion,” she said. "I want to hear from folks who are actually experiencing it," She added that it is crucial to encourage "women, Black and Brown people, those from lower socioeconomic backgrounds, people who don't have the background, the connections, or the family in maintaining the promotion of diversity will be a top priority. Major brands and companies are the council's most well-known members, but Ms. Grant said individual jewelers might hear from her about joining the council to support efforts to address problems like pollution and climate change. Even if you're an artist working alone in a cave, someday they're going to find you. She said, referring to such world problems, "they touch you. There are practical things that our organization can do to assist individuals in considering their practice and ways in which they can contribute.

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criticized for adopting lax standards and engaging in "greenwashing" over time. Many of the R.J.C.'s own members were disappointed that the council did not dismiss the diamond tycoon Alrosa, which is partially owned by the Russian government, after Russia invaded Ukraine last year. That Some prominent members, notably Richemont, the owner of companies like Cartier, and Pandora, the biggest jewelry manufacturer in the world by volume, left because of inaction.

The R.J.C. board decided to accept Alrosa's decision to suspend its membership in April 2022, and that status is still

It's not a fast-
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in effect today. Richemont and the majority of the departing members did join the council again, although Pandora did not.

In the end, these con inevitable and "good," according to New York-based independent diamond industry researcher Paul Zimnisky. They "keep global organizations like R.J.C. on the defensive." Coming to a consensus on anything is understandably difficult when your membership is made up of people from various cultures, religions, economic backgrounds, and political ideas, Mr. Zimnisky subsequently observed.difficult.”

He claimed that one of the key advantages organizations like the council may provide is transparency. By giving consumers dependable information and letting them make their own decisions, "they may actually contribute value." Ms. Grant's directive also includes interacting with customers, Mr. Bouffard wrote. As reaching consumers is a key board goal for this decade, Ms. Grant is uniquely qualified and

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and situated to assist in doing so.

She is aware that in addition to authoring critiques, her work may now become the topic of them. She said, "I think it's vital to be brave. I want to be able to say, "I truly went for it," in the future. I worked so hard to change things. for that

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