Ethical responsibilities

Responsible sourcing

KIMBERLEY PROCESS

At Vacheron Constantin all our diamonds are purchased from suppliers who apply the World Diamond Council System of Warranties based on the Kimberley Process in order to ensure they have been purchased from legitimate sources not involved in funding conflict and in compliance with the United Nations resolution.

Vacheron Constantin sources its diamonds according to the Kimberley Process, which aims to stem the flow of conflict through the diamond trade.

The Kimberley Process is a joint government, international diamond industry and civil society initiative to stem the flow of conflict diamonds. The Kimberley Process Certification Scheme requires participating nations to keep conflict diamonds out of legitimate channels of commerce. All imports and exports of rough diamonds must be via a government office. This office verifies the source, packs diamond consignments to be transported in tamper-resistant containers and issues the accompanying government-validated Kimberley Process Certificate.

www.kimberleyprocess.com

GOLD SUPPLY CHAIN

As far as possible, we ask our suppliers to provide assurance that the gold being supplied has been mined in a way which respects human and labour rights and the environment. We continue to work with suppliers and refiners in this respect to seek to improve controls over the supply chain, where possible. We have continued to work closely with the Responsible Jewellery Council to help improve the gold supply chain. In addition to this industry-wide approach, we have continued to work with our gold suppliers to strengthen the inclusion of ethical criteria at all levels of our gold sourcing supply chain.

Strengthen the implementation of ethical criteria on all levels of our gold sourcing supply chain.

Membership of the RJC promotes a robust approach to these supply chain issues for us and other businesses in the watchmaking industry: from mines to retail.

CITES

For the sourcing of our leather straps, Vacheron Constantin and our suppliers adhere to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).

Ensure that the international trade in selected species of wild animals and plants does not threaten their survival.

CITES is an international agreement between governments which aims to ensure that international trade in selected species of wild animals and plants does not threaten their survival.

For Vacheron Constantin, this concerns our alligator mississippiensis leather straps.

www.cites.org

Supply Chain Transparency

The California Transparency in Supply Chains Act of 2010 (SB 657) effective as of January 1 2012 in the State of California was designed to increase the amount of information made available by manufacturers and retailers regarding their efforts to address the issue of slavery and human trafficking, thereby allowing consumers to make better, more informed choices regarding the products they buy and the companies they choose to support.

View Richemont’s (Vacheron Constantin parent company) corporate disclosure statement.