Climate Change Data

Environmental Metrics

ESG Focus Areas

• Human rights
• Workplace
• Product integrity
• Environment
• Community empowerment

Environmental Achievements

• Launched Rosy Blue Going Green program to reach carbon neutrality by 2016
• Mapped carbon footprint of business travel and offset through forestation projects in Antwerp, Sri Lanka, and Thailand

Social Achievements

• Launched employee volunteering pilot program in Thailand and Sri Lanka
• Incorporated the Rosy Blue Foundation in India for charitable activities
• Achieved RJC certification for Rosy Blue (NI) covering 28 entities in 13 countries

Governance Achievements

• Established Rosy Blue Brand Council to oversee and protect the brand
• Implemented AML and Anti-Corruption Standards Committee
• Established Audit Committee

Climate Goals & Targets

Environmental Challenges

• Human rights risks in the value chain
• Maintaining competitive advantage while adopting higher social standards
• Implementing responsible business practices throughout the value chain
• Measuring the impact of community empowerment programs
• Decarbonizing the business model
• Ensuring all business partners adhere to code of conduct principles
• Managing contractors' compliance
• Excessive overtime work in some locations
• Maintaining high health and safety standards across all operations

Mitigation Strategies

• Country and operational risk assessments
• Revised Human Rights Policy and internal capacity building
• Employee training programs
• Partnership with Social Accountability International
• Rosy Blue Going Green program
• Business Partners Code of Conduct
• Roadmap for contractor engagement
• Addressing overtime issues through investigation, training, and preventive action plans
• Comprehensive health and safety programs and training

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Responsible sourcing of diamonds (conflict-free)
• Mapping gold supply chain to smelter level
• Working towards compliance with Dodd-Frank Act

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI G3.1, ISO 26000, UN Global Compact

Certifications: ISO 9001 (Thailand and Sri Lanka), SA 8000 (Thailand), RJC (Rosy Blue (NI))

Third-party Assurance: CAP conseil

UN Sustainable Development Goals

• Goal 1 (No Poverty)
• Goal 2 (Zero Hunger)
• Goal 4 (Quality Education)

Community development activities focusing on poverty reduction, education, and healthcare

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Awards from Department of Labour Protection and Welfare (Thailand)
• National safety and health awards (Thailand)

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance
• Responsible Sourcing
• Supply Chain Traceability
• Human Rights
• Employee Well-being
• Community Engagement

Environmental Achievements

• Reduced carbon emissions by 4.25% compared to 2018 (23.96% since 2015).

Social Achievements

• Implemented a customized incentive program to encourage COVID vaccination among employees and their parents.
• Distributed new compliance training to all staff across all entities.
• Provided training on working hours registration in China.
• Conducted comprehensive training on Prevention of Sexual Harassment of women at workplace in India.

Governance Achievements

• Established a Rosy Blue Brand Council to manage growth and oversee the Rosy Blue Brand, maintaining ethics and core values across operations.
• Established Local Management Boards for each entity to define long-term goals and strategies.
• Established a CSR Advisory Committee to review and make strategic recommendations regarding Rosy Blue’s CSR management.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to the COVID-19 pandemic.
• Maintaining the highest possible social and environmental standards across a global supply chain.
• Ensuring the authenticity of diamonds and preventing the mixing of natural and synthetic diamonds.
• Addressing human rights risks throughout the supply chain.

Mitigation Strategies

• Implemented remote internal audits in 2020.
• Developed and implemented integrity procedures across locations to prevent mixing of natural and synthetic diamonds.
• Implemented 100% testing of melee goods.
• Engaged with suppliers to adhere to a Business partner code of conduct and complete supplier due diligence forms.
• Implemented corrective actions based on social audits findings.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Origin disclosure request
• Supplier due diligence form
• Business partner code of conduct
• Compliance with Kimberley Process Certification Scheme
• Compliance with World Diamond Council System of Warranties
• Adherence to De Beers Best Practice Principles
• OECD Due Diligence Guidance

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, UN Global Compact

Certifications: RJC (Responsible Jewellery Council), SA8000 (Social Accountability International)

Third-party Assurance: Independent third-party assurance

UN Sustainable Development Goals

• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

Rosy Blue's initiatives aim to reduce environmental impact, promote responsible sourcing, and support community development.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Startup NGO (2018-19) for ConnectFor

Environmental Metrics

ESG Focus Areas

• Governance & Compliance
• Social Fairness & Equality
• Environmental Sustainability
• Value Chain Responsibility

Environmental Achievements

• Reduced carbon footprint significantly (specific figures not provided, but a complete CO2 footprinting was conducted including Scope 1, 2, and 3 emissions for the first time)
• Implemented energy audits in factories to lower energy and electricity use
• Aspires to purchase 100% renewable electricity by 2025

Social Achievements

• Implemented a customized incentive program to encourage COVID vaccination among employees and their parents
• Logged 6,215 hours of training on compliance, human rights, and environmental scope 3 data collection
• Established the Rosy Blue Foundation and ConnectFor to support NGOs and community development
• Donated more than $350,000 to COVID relief activities

Governance Achievements

• Full RJC certification since 2011 (Non-India) and 2013 (India) of all entities
• Compliance with De Beers Best Practice Principles since 2006
• UN Global Compact LEAD member since 2011
• Implemented 100% naturality testing for melee diamonds

Climate Goals & Targets

Environmental Challenges

• High emissions from purchased goods and raw materials (primarily rough and polished diamonds)
• Data limitations and uncertainties in Scope 3 emissions calculations
• Risk of contamination with synthetic diamonds
• Shifting supply of rough diamonds due to restrictions on Russian and Zimbabwean origin

Mitigation Strategies

• Engaged The Carbon Trust for energy audits and Scope 3 emissions calculations
• Working towards improving data quality for more accurate Scope 3 analysis and supplier engagement
• Implemented 100% naturality testing for melee diamonds and other integrity procedures
• Shifted sourcing to other key suppliers to mitigate the impact of restrictions on Russian and Zimbabwean origin diamonds

Supply Chain Management

Supplier Audits: All suppliers assessed for BPP audit in 2022

Responsible Procurement

• Supplier Code of Conduct aligned with UN Global Compact principles
• OECD Due Diligence Guidance for responsible supply chains

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards, UN Global Compact

Certifications: RJC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• SDG 12 (Responsible Consumption and Production)
• SDG 13 (Climate Action)

Rosy Blue's sustainability initiatives contribute to these goals through emissions reduction, renewable energy, responsible sourcing, and community development

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed