Code of Conduct
Business Partner Code of Conduct
Safdico and its affiliates conduct their business in accordance with high ethical standards and expect our
business partners to share this philosophy. We utilize these standards in the selection of our business
partners, expecting full compliance from our business partners, including all diamond manufacturers,
polishing companies, private buyers, mediators, and suppliers. Safdico will always strive to improve the
working environment for those involved in the production of our products. It is imperative that our
customers will be confident that our products are handled in facilities that are in full compliance with
regulatory requirements regarding workers’ rights, which provide a safe and healthy work environment in
order to adhere to all Safdico business partner code of conduct policies, as set forth herein. Participation in
this program and adherence to program policy is mandatory for all Safdico business partners.
WORK ENVIRONMENT
Safdico will only work with business partners who provide a safe and healthy workplace that complies with
all local laws. Business partners who provide a dormitory and/or residential facilities for their workers must
ensure these facilities are safe, healthy, and in compliance with local standards. Safdico expects all business
partners to promote employee health and safety through internal training and awareness programs.
LABOR POLICY
Safdico will not knowingly work with business partners who use forced or compulsory labor, perceived or
otherwise, in its manufacturing facilities. Labor, including overtime, shall be voluntary at all times.
EQUAL EMPLOYMENT OPPORTUNITIES
Safdico has the highest respect for cultural differences. However, we believe workers should be employed
based on their abilities, rather than their race, gender, personal characteristics, or beliefs. Evidence of
discrimination or discriminatory behavior in the workplace, or any form of this, will not be tolerated.
WORKERS RIGHTS
Safdico expect their business partners to obey all applicable local laws for respecting the rights of workers.
Business partners are encouraged to develop internal programs, policies, and procedures that clearly define
their business practices and provide employees with a viable means of managing conflict and resolving
disputes.
WORKING HOURS
Safdico seeks business partners that do not require employees to work a number of hours, during a week,
that exceeds local laws or business customs. Business partners should maintain a workweek consistent with
normal hours of operation for their industry, with compensated overtime, in compliance with local law.
WAGES & BENEFITS
Safdico seeks business partners that provide wages and benefits in compliance with local laws and that are
committed to the betterment of wage and benefit levels that address the basic needs of workers and their
families.
CHILD LABOR
Safdico will not knowingly work with business partners who utilize child labor. Child labor is defined as
either being below the local minimum working age, or the age of 14, whichever is greater.
COUNTRY OF ORIGIN
Safdico will not knowingly work with business partners who use deceptive trade practices to deliberately
misrepresent the country of origin to evade from a quota or other import restrictions or duties on any
product(s).
ENVIRONMENTAL
Safdico will not knowingly work with business partners that are not in full compliance with all applicable
environmental regulations.
The business partner agrees to permit and fully cooperate with any inspection, audit, or product
investigation by Safdico management at the business partner’s facilities. Failure to comply with the
requirements detailed in this document may lead to the immediate cancellation by Safdico of all outstanding
purchase orders or other business with the business partner.
Furthermore, Safdico reserves the right to reject or return any merchandise not produced or supplied in
compliance with the foregoing and to charge the business partner for any and all costs from the business
partner that fails to comply with said standards.
Responsible and Ethical Sourcing Policy
Safdico is committed to responsible and ethical sourcing of both rough and polished diamonds. We strictly procure diamonds from suppliers who adhere to the guidelines established by the United Nations and the OECD. Safdico will not purchase diamonds from companies or entities subject to US, UK, Canadian or EU sanctions. All Safdico suppliers must comply with the Kimberley Process Certification Scheme and the World Diamond Council System of Warranties.
Ethical Sourcing
Safdico only purchases diamonds that are “conflict-free” and makes every effort to bar conflict diamonds – diamonds mined in a war zone and sold to finance violence – from its inventory. Our customers can rest assured that when they purchase a diamond, it was mined and procured from legitimate sources. AllSafdicodiamonds have a KP (Kimberley Process) certificate, which means that they have been purchased from ethical sources not involved in funding conflict. In other words, all Safdico diamonds are certified as conflict-free.
The Kimberley Process Certification Scheme (KPCS), established in 2003, was created by governments, non-governmental organizations, and diamond industry bodies to prevent criminal elements from placing conflict diamonds into the legitimate diamond supply pipeline. The Kimberley Process Certification Scheme, as well as the Clean Diamond Trade Act of 2003, laid the groundwork for creating a global diamond market that aims to be completely conflict-free. Today, KP members account for approximately 99.8% of the global production of rough diamonds. The Kimberley Process (KP) has 54 participants, representing 81 countries, with the European Union and its Member States counting as a single participant.
Safdico only deals with suppliers of diamonds that comply with the Kimberley Process and its warranty system. This system, created by the diamond industry, operates through invoices covering the sale of rough diamonds, polished diamonds, and diamond jewelry. The requirement applies to rough diamonds mined after December 31, 2002, and to all products fabricated from them.
UN Guiding Principles on Business and Human Rights
Safdico affirms its commitment to the UN Guiding Principles on Business and Human Rights and embraces its responsibility to respect and promote these principles across all business activities.
1. All human beings are free and equal. All human beings are born free and equal in dignity and rights. They are endowed with reason and conscience and should act towards one another in a spirit of brotherhood.
2. No discrimination. Everyone is entitled to all the rights and freedoms, without distinction of any kind, such as race, colour, sex, language, religion, political or other opinions, national or social origin, property, birth or another status. Furthermore, no distinction shall be made based on the political, jurisdictional or international status of the country or territory to which a person belongs.
3. Right to life. Everyone has the right to life, liberty and security of person.
4. No slavery. No one shall be held in slavery or servitude; slavery and the slave trade shall be prohibited in all their forms.
5. No torture and inhuman treatment. No one shall be subjected to torture or cruel, inhuman or degrading treatment or punishment.
6. Same right to use the law. Everyone has the right to recognition everywhere as a person before the law.
7. Equal before the law. All are equal before the law and are entitled without any discrimination to equal protection of the law. All are entitled to equal protection against any discrimination in violation and against any incitement to such discrimination.
8. Right to be treated fairly by the court. Everyone has the right to an effective remedy by the competent national tribunals for acts violating the fundamental rights granted to them by the constitution or by law.
9. No unfair detainment. No one shall be subjected to arbitrary arrest, detention or exile.
10. Right to trial. Everyone is entitled in full equality to a fair and public hearing by an independent and impartial tribunal, in the determination of their rights and obligations and any criminal charge against them.
11. Innocent until proven guilty. Everyone charged with a penal offence has the right to be presumed innocent until proved guilty according to the law in a public trial at which he has had all the guarantees necessary for his defence. No one shall be held guilty of any penal offence on account of any act or omission which did not constitute a penal offence, under national or international law, at the time when it was committed.
12. Right to privacy. No one shall be subjected to arbitrary interference with his privacy, family, home or correspondence, nor to attacks upon his honour and reputation. Everyone has the right to the protection of the law against such interference or attacks.
13. Freedom of movement and residence. Everyone has the right to freedom of movement and residence within the borders of each state. Everyone has the right to leave any country, including their own, and to return to their country.
14. Right to asylum. Everyone has the right to seek and to enjoy asylum from persecution in other countries. This right may not be invoked in the case of prosecutions genuinely arising from non-political crimes or acts contrary to the purposes and principles of the United Nations.
15. Right to nationality. Everyone has the right to nationality. No one shall be arbitrarily deprived of their nationality, nor denied the right to change their nationality.
16. Rights to marry and have a family. Men and women of full age, without any limitation due to race, nationality or religion, have the right to marry and to found a family. They are entitled to equal rights as to marriage, during marriage and at its dissolution. Marriage shall be entered into only with the free and full consent of the intending spouses. The family is the natural and fundamental group unit of society and is entitled to protection by society and the State.
17. Right to own things. Everyone has the right to own property alone as well as in association with others. No one shall be arbitrarily deprived of their property.
18. Freedom of thought and religion. Everyone has the right to freedom of thought, conscience and religion; this right includes freedom to change his religion or belief, and freedom, either alone or in community with others and in public or private, to manifest his religion or belief in teaching, practice, worship and observance.
19. Freedom of opinion and expression. Everyone has the right to freedom of opinion and expression; this right includes freedom to hold opinions without interference and to seek, receive and impart information and ideas through any media and regardless of frontiers.
20. Right to assemble. Everyone has the right to freedom of peaceful assembly and association. No one may be compelled to belong to an association.
21. Right to democracy. Everyone has the right to take part in the government of their country, directly or through freely chosen representatives. Everyone has the right to equal access to public services in their country.
22. Right to social security. Everyone, as a member of society, has the right to social security and is entitled to realization, through national effort and international cooperation and following the organization and resources of each State, of the economic, social and cultural rights indispensable for his dignity and the free development of his personality.
23. Right to work. Everyone has the right to work, to free choice of employment, to just and favourable conditions of work, and protection against unemployment. Everyone, without any discrimination, has the right to equal pay for equal work. Everyone has the right to form and to join trade unions for the protection of their interests.
24. Right to rest and holiday. Everyone has the right to rest and leisure, including reasonable limitation of working hours and periodic holidays with pay.
25. Right of social services. Everyone has the right to a standard of living adequate for the health and well-being of himself and his family, including food, clothing, housing and medical care and necessary social services, and the right to security in the event of unemployment, sickness, disability, widowhood, old age or other lack of livelihood in circumstances beyond his control. Motherhood and childhood are entitled to special care and assistance. All children shall enjoy the same social protection.
26. Right to education. Everyone has the right to education. Education shall be free, at least in the elementary and fundamental stages. Elementary education shall be compulsory. Technical and professional education shall be made generally available, and higher education shall be equally accessible to all based on merit.
27. Right of culture and art. Everyone has the right to freely participate in the cultural life of the community, to enjoy the arts and to share in scientific advancement and its benefits. Everyone has the right to the protection of the moral and material interests resulting from any scientific, literary or artistic production of which he is the author.
28. Freedom around the world. Everyone is entitled to a social and international order in which the rights and freedoms outlined in this Declaration can be fully realised.
29. Subject to law, everyone has duties to the community in which alone the free and full development of their personality is possible. In the exercise of his rights and freedoms, everyone shall be subject only to such limitations as are determined by law solely to secure due recognition and respect for the rights and freedoms of others and of meeting the just requirements of morality, public order and the general welfare in a democratic society.
30. Human rights can’t be taken away. Nothing in this Declaration may be interpreted as implying for any State, group or person any right to engage in any activity or to perform any act aimed at the destruction of any of the rights and freedoms set forth herein. These are all the Universal Declaration of Human Rights listed by the United Nations General Assembly. All universal human rights listed above are commonly known as the 30 basic human rights that must be respected and protected by the law.
Submit a Concern or Grievance
If you have a concern about business practices, human rights, or any other issue related to our activities, please contact us:
E: safdico.israel@safdico.com
T: +972(3)754.5700