Traceability is the ability to discover information about the origin of a material or product, and the quality of having a source of development that can be found and followed. Tracemark tracks down each step along a jewelry supply chain, from the miner to the end consumer, providing providence, transparency and legitimacy.
Supply Chain Integrity
Integrity of the supply chain is key to developing a sustainable supply chain model that guarantees the best practices. Supply chain integrity among peers in the jewelry industry is fundamental to explore how their business and ethics decisions can lead to improvements in supply chain management, contributing to its sustainable development.
100% Ethical and Recycled Gold
Tracemark works exclusively with ethical, recycled gold and/or RJC CoC compliant gold. Our mission is to ensure the best practices along the supply chain, that’s why we only accept RJC jewelry manufacturers to adhere to the Tracemark protocol.
A ‘Chain‐of‐Custody’ is a documented sequence of custody of a material as it is transferred along the supply chain. Chain‐of‐Custody systems can provide an essential point of differentiation and confidence in the business practices involved in the production. Certification of these systems offers recognisable assurance to customers, consumers and stakeholders against a known standard. CoC gold and recycled, ethical gold can add value to jewelry products and help protect and enhance jewelry brands reputation.
Tracemark is our response to the increasing consumer demand for detailed information on the provenance of raw materials, as well as the industry’s need for supply chain transparency as regulatory action for responsible sourcing in mineral supply chains intesifies.
Tracemark provides the origin of all diamonds independently of their size and weight, together with specific information from each step of the jewelry supply chain.
Tracemark’s stakeholders and business associates are directly or indirectly supporting social development activity. Many of our business partners employ a large number of unqualified people, training them and significantly improving their living standards by offering fair wages for their work in jewelry factories. Moreover, Tracemark associates actively contribute to woman empowerment and community growth through the development and maintenance of schools, hospitals, blood banks and gardens in underdeveloped areas. Some of our stakeholders have built hospitals, donated millions to charitable organizations and are actively contributing to improving the living conditions of people in the communities in which they operate.
Our end goal is to guarantee fundamental rights at work, eradicate child labor and improve the well-being of workers in the jewelry industry through gender equality, clean water, sanitation and access to education.
Sustainability & Ethics
Tracemark ensures that all companies involved in the supply chain of a piece of jewelry have ethical codes and follow protocols to contribute to its sustainable development.
Tracemark verifies and certifies the entire journey of the jewelry, from the mining company to the point of sale, to provide transparency and ensure the highest ethical and sustainable practices for the jewelry industry. Tracemark main objective is to provide greater transparency to the industry by contributing to sustainable development and ensuring ethical standards.
Collaborate with Peers of the Industry
Tracemark brings jewelry companies the opportunity to collaborate with their peers in the jewelry and diamond industry. Tracemark leads to innovative and sustainable solutions to partner and network with some of the most prestigious jewelry companies in the world.
Other benefits of becoming a Tracemark member include:
- Build your sustainable jewelry network
- Accomplish more sustainable jewelry objectives
- Reduce time-to-completion
- Create a win-win-win proposition
- Contribute to the well being of the society and environment
- More Attractive to Top Talent
- Accelerated Business Velocity
- Innovative Sustainable Ideas
- Better Alignment with Stakeholders
- Increase Profitability
Responsible sourcing is a business-critical function in which participating actors are equally accountable for the maintenance of ethical and sustainable practices during the supplying, purchasing, manufacturing and retailing of goods and services.
Tracemark provides legitimacy for provenance of a jewelry piece and guarantees responsible sourcing of raw materials, gold and diamonds.
CSR & Philanthropy
Tracemark believes in the upliftment of each human being that is in touch with the company and takes action to improve the working conditions and life standards of our business partners and stakeholders. Our business associates provide financial aid to their needy employees and ensure better medical facilities, quality of life and education resources. Our main goal is to create a more sustainable and brighter world by transforming the luxury and jewelry industries.
Privacy Security Confidentiality
Tracemark establishes a traceability protocol which, through encrypted and certified software, provides the complete traceability of jewelry. This encrypted and certified software is 100% private, secure and confidential.
No one is able to access to the encrypted system, not even Tracemark. Moreover, only an independent third-party auditor, certified by RJC, will be able to download the uploaded documentation to audit and verify the entire traceability process.
Sustainable Development Goals
Tracemark has reinforced its sustainability commitments to respect and preserve human rights in all of its activities by promoting and being committed to the 17 Sustainable Development Goals of the United Nations.
Tracemark aims to promote a relationship among its stakeholders towards the accomplishment of the 17 Sustainable Development Goals. This way, we aim to contribute to the well being of society and the environment by encouraging and creating global partnerships for sustainable luxury development which put into practice the sustainable development guidelines established by the United Nations.
Kimberley Process Conflict Free
Kimberly Process was established in 2002 to provide a chain of custody certification scheme for the trade of rough diamonds, to ensure that conflict diamonds are kept out of the international market. Kimberly Process estimates that its members have reduced the trade of conflict diamonds by more than 99%.
Each piece of diamond jewelry with Tracemark traceability incorporates its Kimberley Process Certificate, validating diamonds legitimacy and guaranteeing that they are conflict-free.
Fair Pay – Equal Pay
Tracemark only accepts RJC certified members to adhere to its traceability protocol. RJC requires its members to commit to equal and fair pay, focusing on compliance with the payment of applicable minimum wage. Therefore, Tracemark ensures the best practices regarding payment policies among its stakeholders.
Independent Third Party Audit
Tracemark designs and develops traceability systems for luxury raw materials (gold and diamonds) and manufacturing processes, integrating them into our certified and encrypted software, as well as in the reading systems developed with QR technology.
The whole process is subject to an exhaustive verification by a reputable external auditor accredited by the Responsible Jewelry Council. The RJC accredited external auditor accesses the encrypted software system through an OTP (one-time-password) and audits the uploaded information, which is the documentation regarding raw materials (gold and diamonds) and manufacturing processes. The auditor can then authenticate all documents, verifying the entire traceability of a piece of jewelry.