At Privosa, every diamond in our inventory is procured through legal sources and is certified as conflict-free. In compliance with the Patriot Act, the Kimberly Process, and various United Nations resolutions, we use legitimate means to sell our diamonds.
To obtain conflict-free diamonds means that the gems are disassociated with human rights abuses, child labor, violence, or environmental degradation. Despite the United Nation’s Kimberley Process applying only to diamonds under recognized governments, ‘conflict-free’ goes the extra mile by rejecting diamonds from governments known to trade in diamonds to fund their conflicts.
The Kimberly Process is an International practice to ensure legitimacy and avoid ‘blood diamonds’ associated with conflict and civil rights abuses. In April 2003, a law was passed adopting this process, by congress and President Bush requiring all US diamond retailers to buy diamonds from manufacturers who have documentation guaranteeing that the merchandise was acquired through legitimate outlets. All diamonds that enter American ports are ensured to meet the Kimberley Process requirements with the active reinforcement of the US Customs Service. Independent auditing systems are tasked with tracking diamonds from their place of origin to delivery to ensure compliance. Refined diamonds sold in the U.S. must follow the Patriot Act, which requires that every U.S. dealer uphold Kimberley compliance or be subject to penalties from Homeland Security, the U.S. Justice Department, and the U.S. Treasury. Privosa supports the Kimberley process, established to certify the possession of diamonds from conflict-free sources.