Senco Gold today said it has become a member of the Responsible Jewellery Council, the world’s leading standard-setting organisation for the jewellery and watch industry.
The move is a step towards the company's sustainability journey and Senco said they are the first large jewellery retailer from India to become a member of the Responsible Jewellery Council.
«Trust is the cornerstone in the world of retail jewelry and we look forward to building on our association with the RJC to create an ecosystem of responsible practices as a core of sustainability strategy and fulcrum of our future endeavours,” said Suvankar Sen, Managing Director & CEO, Senco Gold.
RJC's Code of Practices is the global standard for the responsible jewellery and watch industry, focusing on business ethics and responsible supply chains covering all the primary minerals and metals used in the manufacture of jewellery: gold, silver, platinum group metals, diamonds and coloured gemstones, Senco noted.
India is a hugely important market for us and for the jewellery industry as a whole, said Melanie Grant, Executive Director, RJC.
Senco Gold ended Wednesday's session with gains of nearly 3 per cent, while the benchmark indices closed up 0.15 per cent.