60 jewelers now committed to sourcing precious metals responsibly

Three major jewelry retailers today announced their decision to shun irresponsible gold mining and seek cleaner sources of gold and precious metals.  Sears Holdings (parent company of Sears and Kmart), Ultra Stores, and Blue Nile all signed the No Dirty Gold campaign’s Golden Rules for responsible sourcing of precious metals, bringing the total number of jewelry retail signatories up to 60. These jewelry retailers include 7 of the top 10 jewelry retail firms in the United States, and represent over $1.3 billion in annual US jewelry sales, or nearly a quarter of total sales. “The No Dirty Gold campaign is a great initiative that pushes for sustainability and ethnical sourcing on gold. We are proud to be a part of it and to offer our customers gold that was obtained in a responsible manner”, said Michelle Pearlman, Senior Vice President and President of Jewelry at Sears Holdings. “Sears strives to be a green company and we will continue to work to build lifetime relationships with our customers starting from the mines up.” Image: nodirtygold.org. More…

News selected by Covalence | Country: Global | Company – Ethical Quote link: Wal-Mart, Sears | Source: Earthworks