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News

  1. WJA Foundation Launches New Scholarship for Women of Colour
  2. Blue Nile Merges with Mudrick for Its Second IPO
  3. RJC Launches ‘Gender Equality Toolkit’ at JCK Las Vegas
  4. GIA Reports to Go Digital by 2025
  5. Gemfields Achieved Highest Revenue at Emerald Auction
  6. DAMAC Group Now Owns de GRISOGONO
  7. GJEPC Proposes Lab-Grown Diamond Park in India
  8. Pandora’s New Crafting Facility in Vietnam Costs $100M
  9. Q1 Gold Jewellery Demand Soft, Says WGC
  10. Jewellery Buying Groups Formed New Global Alliance
  11. Singapore to Host Jewellery & Gem World 2022
  12. ‘Wonder Woman’ Gal Gadot Premiered in Tiffany’s 2022 High Jewellery Collection
  13. Christie’s to Auction ‘The Light of Africa’ for $18M in June
  14. New Board of Directors were elected to Jewellery Exporters Association of Turkey
  15. Oroarezzo back with Première Competition
  16. ‘De Beers Blue’ auctions US$57.5M at Sotheby’s
  17. CTF launches Mother’s Day collection
  18. Jewelers of America Announces The 2022 CASE Award Winners
  19. De Beers: Diamond Businesses Staying Cautious About Business Expectations
  20. Synthetic Alexandrite Pioneer David Patterson Dies at 89
  21. 205 CARAT FANCY INTENSE YELLOW DIAMOND GENEVA MAGNIFICENT JEWELS | 11 MAY 2022
  22. Rebecca Foerster Appointed As President of Hearts On Fire
  23. US Steps Up Sanctions Against Alrosa
  24. PGI Study Findings: Consumers Have Different Interpretations of Sustainability
  25. Irving Wong Appointed as Pandora’s General Manager For China
  26. Rolex’s 6 New Watches Unveiled at Watches & Wonders Geneva
  27. Sixième Sens par Cartier High Jewellery: Heteractis Ring
  28. Will Russian Diamond Ban Help Foster Lab-Grown Diamond Business?
  29. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  30. Press Release: Ariana DeBose, Hunter Schafer and Zoey Deutch Shine in De Beers Jewellers at the Vani
  31. JEWELLERY GENEVA Takes Place between 30 March and 3 April 2022
  32. Christie’s Presents 228 carat White Dimond
  33. Gold Bar Integrity Programme to be Implemented
  34. Press Release: BONHAMS ANNOUNCES ACQUISITION OF BRUUN RASMUSSEN AUCTIONEERS – DENMARK’S LEADING AUCT
  35. Early Spring Fashion for Natural Diamonds
  36. Jennifer Garner Shines in De Beers Jewellers at the Premiere in New York
  37. To celebrate its 15th anniversary, “Cartier Women’s Initiative Impact Report”
  38. American Gem Trade Association Announces Partnership with JCK Show Again
  39. Chow Tai Fook and Canada's Mountain Province Diamonds Sign Supply Agreement
  40. Registration Is Open for 2022 JCK Show
  41. Alrosa Caught Up in U.S. Sanctions
  42. Tawhid Abdullah Receives Lifetime Achievement Award
  43. The Largest Blue Diamond Appears at Sotheby’s Auction
  44. Price Rise for Nearly 90% Of Fancy Colour Last Year
  45. Dickson Yewn’s Collectibles Given for Sotheby’s Charity Auction
  46. De Beers Boosts Production
  47. Watches & Wonders Geneva To Be Held In Hybrid Format
  48. Jewellery, Gem & Technology Dubai to Debut February
  49. Hong Kong Losing its Dominance as the World's Largest Watch Market
  50. Gift Guide for CNY
  51. Press Release: Sotheby’s Announces New Appointments To Luxury Team In ASsia
  52. Georg Jensen Becomes a Certified Member of RJC
  53. 555.55-carat Black Dimond Unveiled at Sotheby’s Auction
  54. GIA Appoints Anna Martin as SVP for Institute, Industry Relations
  55. Alrosa Boosts Direct Sales of Fancy Diamonds to Investors
  56. CIBJO General Assembly postponed to March 17 and 18, 2022
  57. 7,525 Carat Emerald Discovered
  58. Karl Lagerfeld Jewellery Collections to Shine
  59. Diamonds Travel To The Space
  60. Vicenzaoro January postponed to March
  61. America’s Youngest Jeweller Starts Business via Instagram
  62. Concerns over conflict gold arise again
  63. The 1st International Gemstone & Diamond Trade Summit Wraps Up in Macao
  64. The Knot’s Study:Over 30% of Respondents Say Natural Diamond Unimportant
  65. Pantone’s 2022 Colour of the Year: Very Peri
  66. Phillips Jewellery Auctions Fetch over HK$181 Million
  67. The World’s First Pure Gold Castle of Magical Dreams by CHOW TAI FOOK
  68. Jewellery Sales Jumped 78% During the Thanksgiving Holiday
  69. Gem Auctions DMCC’s Debut Auction Successful
  70. Cartier’s Christmas Tree Lights Up the City with Love and Hope
  71. Rediscovering Lacloche in Hong Kong
  72. Blue diamonds to lead Christie’s HK autumn sale
  73. JMA show to stage next Thursday
  74. HK auction to help Cambodian kids
  75. Basel fair cancelled again
  76. HKDI show to continue in Dec
  77. Gemfields sells 7,500-carat emerald for good
  78. Sustainability is key to diamond purchases, a report says
  79. Christie’s Geneva jewellery sale fetches CHF53.7m
  80. Cibjo forms working group on fei cui standards
  81. Only Watch raises CHF30m for DMD research
Read More...


HIGHLIGHT

  1. US market unfolds changes and potential
  2. The queen of gems, the gem of queens
  3. Classics return

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  • PEARL FARMING IN INDONESIA (photo curtsey: LAURENT CARTIER)
  • PEARL FARMING IN FRENCH POLYNESIA IN A CORAL REEF ENVIRONMENT (PHOTO curtsey: LAURENT CARTIER)
  • MIKIMOTO
  • JEWELMER

Sustainability: a new way for pearls to go

Pearls, especially cultured pearls, can be viewed as a renewable resource. Top quality pearls can only be produced if we treat our environment in a good manner. This is a win-win situation that a number of people involved in the pearl industry have been aware of for a long time. In a recent conversation with Laurent Cartier, co-founder and lead researcher of Sustainable Pearls with extensive visits to pearl farming areas more than 10 countries in the past three years, shared some of his research outcomes with Hong Kong Jewellery, discussing responsible and sustainable pearl production in better quality and economic profit.

Sustainability has become a widely used term, but what does it mean in the context of pearls? “Sustainability means that development meets present needs without compromising the needs of future generations. This also means that environmentally, you don’t destroy the ocean. You will still be able to produce pearls for a century from now. There are three pillars that include an environmental pillar, a social pillar which is related to the producers and surrounding communities, and an economic pillar which is linked to business and profits,” explained Cartier on the definition of sustainability.

“Ultimately, if a pearl producer operates sustainably, they ensure that their environment will continue to be able to produce high-quality pearls and can thereby operate profitably in the long run,” he emphasized.

“A recent consumer market research has shown that there is a niche market where consumers are interested in traceable pearls with a story, and they may be willing to pay a premium for this kind of product,” he added.

This consumer market survey was carried out by Julie Nash of Sustainable Pearls in collaboration with MVI Marketing on US consumers. It showed that consumers would be more interested in pearls if sustainability is communicated in a tangible manner. This is an increasing trend as a younger generation of consumers is more and more interested in sustainability in general. Demand for and interest in fair and ethical trade is also increasing in the jewellery industry. Corporate social responsibility is a theme that is being widely discussed by jewellery industry leaders, for example, at CIBJO congresses or the Responsible Jewellery Council (RJC).

In major pearl farms in Australia, Fiji, Indonesia, Japan, the Philippines, and Tahiti marine conservation and pearl farming area, protection is vital for business development and sustainability of the pearl trade itself. This is why world-renowned pearl producers such as Jewelmer and Paspaley have integrated different environmental conservation practices and sustainable farming techniques into their production cycles and marketing strategies.

“For producers, sustainability is one route to go in marketing their pearls. It is not just about having a logo saying ‘sustainable pearls’. The idea is that every producer has a different story to tell if that story can reach the end-consumers in meaningful ways there is huge potential,” Cartier said.

“The reason is that culture, history, origin and emotions are a bridge between jewellery and consumers. It is not only about spreading generic pearl education to consumers, it is also our wish that pearls should be traceable all the way back to the farm and its story which helps create value, as each producer and environment has a unique story,” he explained.

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