Cartier and Kering Launch The ‘Watch and Jewellery Initiative 2030’ In Partnership with the Responsible Jewellery Council

• The initiative welcomes all watch and jewellery brands with a national and international footprint willing to commit to a set of ambitious and common objectives in three areas: building climate resilience, preserving resources, and fostering inclusiveness.

• For the first time in the industry, the Watch & Jewellery Initiative 2030 aims at bringing together watches and jewellery brands across the globe to begin a collective journey towards a low-carbon future and ensure the industry creates positive outcomes for the planet and for people.

• Standing at the crossroads of environmental considerations and the ambition to strengthen positive impacts for people all along the value chain, the commitments supported by the Watch & Jewellery Initiative 2030 lie at the very heart of the United Nations Sustainable Development Goals, with the initiative itself contributing to Goal 17, “partnerships for the goals.”

• The initiative builds on strong, existing initiatives and organisations in the industry, such as the Responsible Jewellery Council (RJC) and Science Based Targets (SBT) and includes newer areas of focus such as science-based climate targets, biodiversity protection and materials and business model innovation, with the intent of encouraging and enabling industry transformation and innovation.

• The initiative is open to all watch and jewellery players with a national or international footprint that commit to dedicating their resources and energy to continuous improvement on sustainable business topics, and to developing a vision of excellence for the industry, no matter their starting point, market segment or position in the value chain.

“As the watch and jewellery sector relies on the earth’s precious resources and people’s know-how around the world within its value chains, the imperative to act together in creating a more positive impact has become ever clearer. We are thrilled to join efforts towards a more sustainable industry together with Kering, in partnership with the Responsible Jewellery Council, and to invite other industry actors to join this initiative. More than ever, we remain committed to share our common vision of a future where all Maisons, their suppliers and business partners are empowered to collaborate on projects that deliver positive impact on the planet and its people”, said Cyrille Vigneron, President and CEO of Cartier.

“At Kering, we believe that luxury is inseparable from the highest environmental and social standards, and that it is our responsibility, as leading luxury players, to initiate the changes that are needed to protect our planet. We have long been convinced that only collective action can make the difference to transform our industry for the better. For watch and jewellery just like for fashion, we believe that committing collectively to a common core of quantified environmental objectives focusing on a few themes is the best way to really have an impact. The changes we are fighting for are essential for the future not only of the planet but of our industry itself”, said Jean-François Palus, Group Managing Director of Kering.

Iris Van der Veken, Executive Director of Responsible Jewellery Council, shared her vision for the joint initiative, “The 2030 Agenda is about leaving no one behind. Business can be a force for positive change and impact by supporting a global economy that protects people, the planet and the natural systems that sustain us. Business as usual is no longer an option. The RJC is determined to help business be a force for that change through transformative partnerships. By working together we can greatly contribute to the urgent change needed to achieve the 17 Sustainable Development Goals in the Decade of Action, and create a better fairer world by 2030. As part of the RJC Roadmap 2030 strategy, designed to deliver immediate and long-term impacts, RJC will continue to seek innovative partnerships to accelerate change and enable action throughout the global jewellery and watch supply chain – this is our promise to future generations”

While focusing on three thematic priorities – building climate resilience, preserving resources, and fostering inclusiveness, the initiative strongly commits to transparency with the requirement to report on progress on a regular basis. It will also support members in meeting growing expectations of stakeholders, including consumers, civil society, and regulators, of exemplary environmental, social and ethical practices.

Goal 1: Building climate resilience

The first goal of the initiative is about engaging on priority actions to reduce carbon emissions in line with 1.5°C pathway and to achieve Net Zero by 2030. As a minimum commitment, brands joining the initiative should engage in signing and submitting the Science Based Targets Initiative (SBTi) by 2022, thus setting science-based emission reduction targets.

Commitments include:
– Engage on Science-based Targets for Climate by 2025 with actions that include:

o Decarbonising across all Scopes 1, 2 and 3

o Implementing 100% renewable energy across operations by 2025 and extending to the whole value chain with the engagement of suppliers and distribution partners by 2030

o Implementing best practices for energy efficiency across operations and services, with a special focus on reducing the impact of digital communications, commerce and events, considering their growing prevalence.

– Work towards achieving net zero GHG emissions by balancing residual emissions with high-quality GHG removals, and investing in high-quality climate projects, including in nature-based solutions, with a focus on the conservation and restoration of forest, coastal and marine ecosystems.

– Help vulnerable populations in the watch and jewellery industry value chain and contribute to low-carbon solutions for these communities

Goal 2: Preserving resources for nature and communities

The second goal of the initiative is to ensure that the industry’s sourcing has a positive impact on nature, species, and communities.

As a minimum commitment by 2022, brands joining the initiative should measure and prioritise their impact on biodiversity and water across their sourcing of key raw materials, using a credible science-based framework.

Further commitments include defining and implementing action plans to reduce water and biodiversity impacts, by 2025, by:

• Implementing sourcing standards that both protect natural ecosystems and the services they provide to local and indigenous peoples. This means ensuring that supply chains are free of products sourced from ancient and endangered forests and commit to restore habitats where mining and other extraction activities have occurred, and contributing to the development of local livelihoods for mining and farming communities that respect the balance of natural ecosystems.

• Creating a new industry mindset focused on sustainable innovation and circularity in materials, products and practices in the industry.

Goal 3: Fostering inclusiveness across the value chains

As a minimum commitment, brands joining the initiative should join the Responsible Jewellery Council (RJC) and become Code of Practices (COP) certified in the following two years.
Commitments are the following:

– Supporting the certification of 100% of Tier 1 suppliers by 2025 and 60-80% of Tier 2 suppliers by 2030.

– Eliminating the exposure of employee and nature to chemical risks, by increasing the part of closed-loop processes, heading towards the elimination of leakage of chemicals of concern used in the industry and increasing the prevalence of metal-free tanning.

– Taking action across the industry to embrace diversity, equity and inclusion, to drive positive change.

– Contributing to the preservation and transmission of craftsmanship and industry know-how and support the upward mobility of our workforce as manufacturing and workplaces become increasingly digitized.

More information: www.wjinitiative2030.org

About Cartier

A reference in the world of luxury, Cartier, whose name is synonymous with open-mindedness and curiosity, stands out with its creations and reveals beauty wherever it may be found. Jewellery, fine jewellery, watchmaking and fragrances, leather goods and accessories: Cartier’s creations symbolise the convergence between exceptional craftsmanship and a timeless signature. Today, the Maison has a worldwide presence through its 270 boutiques.
www.cartier.com

About Kering

A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods, Jewelry and Watches: Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, Ulysse Nardin, Girard-Perregaux, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering Imagination”. In 2020, Kering had over 38,000 employees and revenue of €13.1 billion.
www.kering.com

About the Responsible Jewellery Council (RJC)

Responsible Jewellery Council (RJC) is the leading standards organisation of the global jewellery and watch industry. It has 1,500 member companies in 71 countries, that span the jewellery supply chain from mine to retail. RJC Members commit to and are independently audited against the RJC Code of Practices – an international standard on responsible business practices for diamonds, coloured gemstones, silver, gold and platinum group metals. The Code of Practices (COP) addresses human rights, labour rights, environmental impact, mining practices, product disclosure and many more important topics in the jewellery supply chain. RJC also works with multi-stakeholder initiatives on responsible sourcing and supply chain due diligence. The RJC’s Chain-of-Custody Certification (CoC) for precious metals supports these initiatives and can be used as a tool to deliver broader Member and stakeholder benefit. Through the implementation of the COP and CoC members contribute towards the 17 Sustainable Development Goals of the United Nations 2030 agenda. RJC’s Roadmap 2030 is a framework for our industry with respect to the most impactful contributions our members can make through their supply chains. Impacts deepen consumer confidence and are linked to priority SDGs, they are presented according to the five pillars of sustainable development – People, Planet, Prosperity, Peace and Partnerships. In April 2021, RJC launched the SDG Taskforce, an industry-wide action platform to advance the sustainability agenda and benchmark progress in the jewellery and watch supply chain.
RJC is a Full Member of the ISEAL Alliance – the global association for sustainability standards. RJC complies with the ISEAL Standard-Setting Code which specifies general requirements for transparent and accountable preparation, adoption and revision of sustainability standards.
RJC is also a member of the United Nations Global Compact (UNGC) since 2009. RJC and UNGC entered into a first-of-its-kind strategic partnership in 2020 and launched the ‘SDG Innovation & Impact in the Jewellery Industry” programme. In 2021 RJC deepened this commitment by supporting the UNGC SDG Ambition global impact initiative to accelerate integration of the 17 SDGs into core business management. SDG Ambition enables companies to move beyond incremental progress and step-up transformative change – unlocking business value, building business resilience, and enabling long-term growth.
www.responsiblejewellery.com

Hong Kong Jewellery Design Competition winning pieces on display at Jewellery Show

Organised by the Hong Kong Trade Development Council (HKTDC), the HKTDC Hong Kong International Jewellery Show and HKTDC Hong Kong International Diamond, Gem & Pearl Show opened yesterday at the Hong Kong Convention and Exhibition Centre (HKCEC) and will run until 29 July. Guest of honour at the opening ceremony today for the twin jewellery shows was Eliza Lee, Permanent Secretary for Commerce and Economic Development (Commerce, Industry and Tourism) of the Hong Kong Special Administrative Region (HKSAR). In advance of the twin jewellery shows, the results of the 22nd Hong Kong Jewellery Design Competition were announced, throwing the spotlight on the creative flair of local jewellery designers.
Under the theme “Light. Shadow”, this year’s competition highlighted not only the level of talent locally but also the resilience of Hong Kong’s jewellery industry and its ability to move forward from the challenges of the COVID-19 pandemic. The winning pieces are now on display at the Jewellery Show (Hall 3E Concourse) to showcase the ingenuity of original Hong Kong designs to jewellery buyers and exhibitors.

Jointly organised by the HKTDC, the Hong Kong Jewellers’ & Goldsmiths’ Association, Hong Kong Jewellery & Jade Manufacturers Association, Hong Kong Jewelry Manufacturers’ Association and the Diamond Federation of Hong Kong, China, the Hong Kong Jewellery Design Competition aims to enhance the design quality of the local jewellery industry, identify talent, and promote Hong Kong’s outstanding jewellery collections to local and international buyers. This year’s competition was divided into two categories, the Open Group and the Student Group, in which experienced and budding jewellery designers demonstrated their creative edge and excellent craftsmanship.

Open Group: Best of Show Award Winners demonstrate unique concepts

Three Best of Show awards were given in the Open Group. Yuen Ching-chi’s entry, “Follow the Wind” won a Best of Show award as well as the Craftsmanship and Technology Award. The winning piece can be worn in different ways. A fan with a pearl in the middle can be taken off and added to a ring, while two black jadeite fans can be combined to create a different style of necklace. Ms Yuen explained that the pearl on the fan represents the sun while the icy jadeite represents flowers. The sponsoring company for the piece, Sharon Yuen Jewelry Design, also received the Craftsmanship and Technology Award, recognising the production team’s excellence in jewellery craftsmanship.

Another Best of Show Award winner was Tang Yuk-ying, who selected a variety of materials and gemstones of different colours to create “Window of the Heart”, a ring with a hollowed-out design. There’s a saying that “when a door closes, another one opens”, and in her winning piece Ms Tang is encouraging people to open the door to their heart and take a leap forward to a brighter future.

The third Best of Show Award winner was Ng Ki-kai, whose design titled “Ming” incorporates the concept of light and shadow expressed through the sun and the moon. The golden pearl represents the sun and a black pearl represents the moon, while three-layered “golden lines” represent the hills and clouds from classical Chinese paintings. Diamonds on the edge of the ring symbolise the rays of the sun breaking through layers of cloud at dawn.

Student Group winners showcase next-generation creativity

Open to students of institutions registered in Hong Kong, the Student Group category aims to inspire more young design talents to join the jewellery design profession. Chan Wing-lam from the School of Continuing Education at Hong Kong Baptist University won the Student Group Champion with her brooch design, “Spring Bird”. The design was inspired by the reflections created by Chinese revolving horse lanterns, where light and shadow work together to produce stunning projections that are often seen as a metaphor for life.

The First Runner-up in the Student Group was Lo Lok-yi from CCC Mong Man Wai College. Her design, “Polaris Melody”, is a necklace composed of various interwoven metals, Swiss blue topaz and olive-green cubic zirconia. It was inspired by the rhythm and trails of light of the Polaris star, symbolising how there is always a ray of hope to guide us in the dark.

The Student Group’s Second Runner-up title was awarded to Lam Wai-yee from the School of Continuing Education at Hong Kong Baptist University. Her design, “Yanxia Ring”, is a piece of jewellery that can be worn separately as a pendant or a ring, or together as a combined piece. The work is inlaid with gemstones of different colours, representing the radiant glow between light and shadow and the beauty of a rainbow. The centre of the ring is inlaid with white jade to symbolise bringing light into the world.

Nearly 150 entries were submitted for this year’s competition. The six-strong judging panel evaluated the entries based on creativity and innovation, aesthetics, craftsmanship and wearability, topic relevance and marketability (the latter applicable only to the Open Group). The three Open Group winners will be sponsored to attend a three-day online jewellery design course at the Hiko Mizuno College of Jewellery in Japan.

Twin jewellery shows conducted in physical and online formats for first time

As the pandemic continues, this year’s twin jewellery shows are being conducted in a physical and online hybrid format for the first time, bringing together close to 440 exhibitors including overseas exhibitors who are joining the show online. Both shows are also open to jewellery-loving public visitors for the first time. Overseas buyers who cannot attend the physical events at the HKCEC can make business deals through online video conferences with exhibitors. The online show runs until 5 August.

Photo download:
– Opening Ceremony and fair ground: https://bit.ly/3i0faEF
– Open Group: https://bit.ly/3y83K7k
– Student Group: https://bit.ly/3kUXigl
– Press Conference: https://bit.ly/3BFo6XM

Fair websites:
– Hong Kong International Jewellery Show: http://hkjewelleryshow.hktdc.com/
– Hong Kong International Diamond, Gem and Pearl Show: http://hkdgp.hktdc.com/

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

Media enquiries:
HKTDC Communications & Public Affairs Department
Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@hktdc.org
Janet Chan, Tel: +852 2584 4369, Email: janet.ch.chan@hktdc.org


Topic: Trade Show or Conference

Blingvine announces Giveaway contest on its Social Media pages

Blingvine, the premium fashion Jewelry online brand in India, has recently announced a 4-week product giveaway contest on its social media platforms (majorly Instagram page @blingvine) on 5th Oct 2020. The contest unveils a special giveaway product every Monday and the winner is announced every Saturday. The winner is awarded the giveaway product of the week. The contest has received an overwhelming response since the first day.

The first and second week winners were Ms. Vidya Hugar and Ms. Sakshi Sitlani respectively. The winner were presented with the jewellery of the week which were also the giveaway contest prizes. The first week winner won Aquamarine Necklace Set while the second week winner won Pink Potion Necklace Set. The giveaway contest is still in succession and will end on 31st Oct 2020.

According to a senior marketing executive, “We wanted to reward our audience that was regularly interacting with us over social media and other platforms as well. The consistent praises and testimonials swayed us to organize such an event where our audience feel special and elated. We have been organizing some of the other campaigns for the sake of it but it was the first time this year that we decided to run a giveaway contest to compensate for the massive love we have been receiving from our incredible visitors and customers. We want to be really honest and sincere and will be rewarding the best performer of the tasks assigned.”

The contest is open for all the Indian residents. To participate in the contest, one needs to visit the Instagram page of Blingvine (@blingvine) and follow the page. Every giveaway has a different set of tasks which is described in the caption of the giveaway post. With two more weeks remaining and the festive season approaching, people are more excited than ever to win the giveaway.

Learn more at https://blingvine.com/