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Modern Slavery and Human Trafficking Statement This statement has been published in accordance with the UK Modern Slavery Act (2015). It sets out the steps that Innovation Diamonds UK Limited have taken to prevent modern slavery and human trafficking in its own businesses and in its supply chain. Business Overview Innovation Diamonds UK Limited is a company that designs, manufactures, and markets jewellery. We maintain substantial control over our product supply chain through internal jewellery manufacturing and direct diamond sourcing. Innovation Diamonds UK Limited manufactures jewellery in the Israel, United Kingdom, India and China, polishes and performs certain assembly work on the jewellery. Other jewellery items are purchased from third parties that manufacture these products to our specifications. To supply our internal manufacturing facilities, Innovation Diamonds UK Limited processes, cuts, and polishes rough diamonds at its facilities outside the UK and sources precious metals, polished diamonds, and other gemstones, as well as certain fabricated components, from third parties. Both these third parties and those who supply finished goods to us constitute Innovation Diamonds UK’s Limited “supply chain partners.” Innovation Diamonds UK Limited is committed to conducting our business responsibly, sustaining the natural environment and positively impacting the communities in which we operate. Policies on Modern Slavery and Human Trafficking Innovation Diamonds UK Limited has long been committed to ensuring respect of the International Labour Organization Core Conventions, United Nations Universal Declaration of Human Rights, and United Nations Global Compact. These standards are central to our responsible business policies and are the foundation for many of our labour-related policies. Innovation Diamonds UK Limited has recently implemented a Human Rights Policy that outlines our values and requirements to respect human rights and will enable us to address human rights risks holistically and more systematically on a global scale and across our business. Our commitment to avoiding modern slavery, human trafficking, and forced labour is also reflected in the Innovation Diamonds UK Limited Supplier Code of Conduct. The Supplier Code of Conduct sets out general principles and requirements that are applicable to all suppliers. Further, our supply chain partners, their subcontractors that are approved to provide goods or services to Innovation Diamonds UK Limited, and select service providers, are required to fully comply with the Supplier Code of Conduct as a part of our purchasing agreements. The Code sets clear expectations for Innovation Diamonds UK’s Limited suppliers, including that all employment must be voluntary: “All workers shall be free to leave their employment without threat or coercion. Suppliers shall not employ forced, indentured, debt-bonded or convict labour, nor use any practice to coerce the continued employment of any person, such as requiring employees to pay recruitment commissions or withholding any personal or travel documents. Suppliers shall monitor relationships with recruitment agencies or contracted labour for risk of human trafficking and compliance with applicable anti- slavery laws.” Our expectations and requirements covering responsible recruitment, forced labour, indentured, debt- bonded or convict labour, child labour and human trafficking are also further detailed in our Supplier Code of Conduct Guidance (“Code Guidance”). This Code Guidance is distributed to our supply chain partners and compliance with the requirements is mandatory. The Code Guidance is updated to ensure we are consistently communicating requirements and methods to respond to specific challenges. All requirements in the Guidance are applicable throughout the supply chain, such that a supplier with which Innovation Diamonds UK Limited has a direct relationship in turn bears the responsibility for ensuring compliance across its own supply chain Risk Assessment and Due Diligence Processes Innovation Diamonds UK Limited will always actively promoted respect for human rights within our supply chain since our inception. All of our jewellery manufacturing and diamond polishing facilities, supply chain partners, and other key suppliers are regularly assessed for adherence to our Supplier Code of Conduct through our Social and Environmental Accountability Program (“SEA Program”). We recognise the risk for modern slavery in our supply chain and have communicated that all modern slavery, including but not limited to forced labour, bonded labour, child labour, and human trafficking, are zero tolerance issues for Innovation Diamonds UK Limited. Any new or active suppliers found with any zero tolerance issues are subject to immediate termination of business. To identify and mitigate risk, we complete due diligence assessments and audits as part of the SEA Program. This work includes: Screening of suppliers to ensure we work only with supply chain partners and other key suppliers that share our commitment to human rights, fair and safe labour practices, environmental protection, and ethical business conduct Conducting annual risk assessments with all of Innovation Diamonds UK’s Limited jewellery manufacturing and diamond polishing facilities, supply chain partners, and other key suppliers to identify regional and supplier risks Conducting regular semi-announced third-party audits based on the results of the annual risk assessments to determine conformance with Innovation Diamonds UK-specific requirements Based on our risk mitigation approach we include key portions of our supply chain in our monitoring program and require our supply chain partners to communicate our social and environmental responsibility expectations to their own supply chains. Effectiveness Respect for human rights is embedded throughout our business, including in Innovation Diamonds UK’s Limited jewellery manufacturing and diamond polishing facilities, and for our suppliers. All Innovation Diamonds UK Limited employees and our suppliers’ employees can notify Innovation Diamonds UK Limited through various channels if any of our requirements are not being met. All stakeholders can contact us with their concerns. All individuals who report suspected policy violations in good faith are protected from retaliation in any form, including disciplinary action, intimidation, or otherwise. Our Responsible Sourcing team enforces the expectations in the Supplier Code of Conduct through our SEA Program which includes all of Innovation Diamonds UK’s Limited jewellery manufacturing and diamond polishing facilities, supply chain partners, and other key suppliers. These facilities and suppliers are put through a risk assessment process to determine which locations will be audited by a third party. Both our risk assessment and supplier audits screen for modern slavery and forced labour indicators including overtime requirements, the existence of foreign migrant labourers in employment, grievance mechanisms and freedom of association. Training and Awareness We always work to establish lasting partnerships with our suppliers and provide them with training and development programs as well as sharing best practices. These trainings are available to all supply chain partners to ensure best practice. Next Steps Innovation Diamonds UK Limited will continue to implement our human rights policy related to our supply chain risks. We will continue to improve our risk assessment process to continually improve our ability to identify, mitigate and account for risks within our supply chain and our owned operations. We will continue to ask our supply chain partners to conduct due diligence on their own and their supply chain’s operations. Subscribe to our newsletter Stay updated on our new launches and sales by subscribing to our newsletter. Subscribe Subscribe Contact Us Phone: +44 (0) 207 126 8522 Email: [email protected] Address:5 Kirby Street London EC1N 8TS Information About Us Our mission Innovation Diamonds Reviews FAQs Diamonds Wholesale Diamonds Loose Diamonds Diamond Search Diamond Education Policies & Services Shipping & Delivery Low Price Guarantee Lifetime Warranty Order Status Returns, Exchanges & Resizes Terms & Conditions Privacy Policy Modern Slavery and Human Trafficking Innovation Diamonds UK @2022. All Rights Reserved FANCY COLOUR DIAMONDS × As previously stated, diamond colour is graded on the industry colour scale from D to Z, ranging from colourless to a slightly yellow/brown hue. However, diamonds can occur in colours other than this range, such as deeper yellow/brown shades and even different colours all together, such as blue, pink, green, and red. These diamonds are known as fancy colour diamonds. When looking at these diamonds from the top, the colour can be seen. Unlike D-Z diamonds, the value of fancy colour diamonds rises with the intensity/strength and purity of the colour. Most fancy-coloured diamonds have a light/mild colour intensity. Diamonds with a higher colour intensity are more valuable than those with a lower colour intensity. Contact an Expert × Full Name * Email Address * Contact Number * Comments/Questions * Drop a Hint × Your Name: * Your Email: * Sign me up for exclusive offers from jewellery! Friend's Email: * Chat with us, powered by LiveChat