Day’s Jewelers Supply Chain Policy
Day’s Jewelers is committed to the respect of human rights, to avoiding contributions to the finance of conflict and complying with all relevant UN sanctions, resolutions and laws. We are a certified member of the Responsible Jewellery Council (RJC) as proven through an independent third-party verification. As such we commit to and comply with:
- Respecting human rights according to the Universal Declaration of Human Rights and International Labour Organization Fundamental Rights at Work;
- Refusing to engage in or tolerate bribery, corruption, money laundering or finance of terrorism;
- Supporting transparency of government payments and rights-compatible security forces in the extractives industry;
- Refusing to provide direct or indirect support to illegal armed groups
- Enabling stakeholders to voice concerns about the jewellery supply chain.
- Implementing the OECD 5-Step framework as a management process for risk based due diligence for responsible supply chains of minerals, diamonds and gemstones from conflict-affected and high-risk areas as identified by OFAC (Office of Foreign Assets Control) documentation and notification.
Annual Supplier Assessment:
We also commit to using our influence to prevent abuses by others. In doing so, we will conduct no less than an annually, a risk assessment of suppliers we source our precious metals including gold, platinum and silver, colored gemstones and diamonds from, in accordance to OECD guidance and risks. This includes a process whereby no less than two members of our company’s senior management team assess and assign a risk level per OECD risks. Results of this risk assessment are reviewed. For suppliers falling in an unacceptable risk status, discussion of forthcoming strategy, may include a) continuing trade throughout the course of measurable risk, b) temporarily suspending trade with the supplier while pursuing measureable risk mitigation or c) disengaging with a supplier after failed attempts at mitigation or if mitigation is unacceptable. In the event that we pursue mitigation efforts while continuing trade or suspending trade, we will consult with you and affected stakeholders including but not limited to government authorities, international/civil society organizations where appropriate. The objective is to help our suppliers respect human rights and avoid contributing to conflict through their sourcing practices. The process is intended to help make supply chains more transparent and prevent the extraction and trade of minerals from becoming a source of conflict, human rights abuses, and insecurity.