GSI Has Received an Accreditation from SCS
The grading lab is accredited as an SCS Global Gem Identification Verification Provider.
GSI received SCS’s Global Gem Identification Verification Provider accreditation for its laboratories and offices worldwide.
This means that GSI’s labs have the proper equipment, processes, technology, and capacity to reliably track diamonds certified as “sustainable” under SCS’s new standard for diamonds—SCS-007—through the grading process.
As such, these diamonds can be identified as a “Certified Sustainability Rated Diamond” on their GSI grading reports, provided they’ve also been Source Signature verified.
Commenting on the accreditation, GSI President and co-founder Debbie Azar said: “GSI supports the positive impact of doing good and responsible business, as embodied by companies compliant with the SCS-007 standard.”
SCS officially launched its sustainability standard for natural, lab-grown, and recycled diamonds at Las Vegas jewelry week this past August.
About two years in the making, the standard covers a wide range of issues related to performance and transparency, including production practices, origin traceability, and investment in vulnerable communities.
A 100-page-plus document outlining the standard is available on the SCS Global Services website.
So far, four producers have received sustainability certification under SCS-007; all are lab-grown diamond companies.
According to SCS, they are: WD Lab Grown Diamonds (the first company to have “certified sustainable” diamonds), Fenix/Noveau, Green Rocks Diamonds, and Lusix.
SCS said three additional producers are working toward sustainability certification: Meylor Global, Goldiam, and Maitri.
In addition to the accreditation, GSI announced earlier this year its commitment to the United Nations Sustainable Development Goals through its “Path to a Positive Impact” initiative. The plan outlines how the lab will implement new procedures, policies, and programs to work toward fulfilling the goals outlined by the U.N.
GSI joins New York-based Gem Certification & Assurance Lab in receiving the accreditation from SCS.
The Latest
All 74 lots of jewelry belonging to the late Democratic senator found buyers at Bonhams Los Angeles.
The two collaborated on a necklace and a pair of earrings that praise the beauty of Zambian emeralds.
Retailers can move jewelry care lines off countertops with the fixtures, which were designed for a “sophisticated retail environment.”
This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
The 20th ICA Congress is slated for May 19-22 in Brasília, Brazil.
The jeweler is celebrating its 25th anniversary with a throwback campaign.
“Memorie D’Archivio” was inspired by the “Mora” and “Mosaico” collections the brand introduced in the ‘90s.
Don't miss this one-stop-shop in October, curated with buyers’ needs in mind.
CEO William Lamb said divesting the diamond sales platform allows the company to focus on the underground expansion of Karowe.
It features 124 jewels and a variety of colored gemstones.
Ahead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.
The GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.
The ads celebrate the mall culture of the ‘80s and ‘90s.
Retail sales associates can access the video series on mobile to refresh their selling skills.
For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.
The November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.
Commercial production has begun underground at the Canadian diamond mine’s A21 pipe.
Deloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
The Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.
Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.
The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.
A portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.
The first in what is slated to be a series of in-depth reports from the consulting company, it focuses on shortening supply chains.
The company said Benjamin Clymer will return to his role as head of the watch news website, which will maintain editorial independence.
A strong economy, a growing middle class with an affinity for brands, and rapid expansion of organized retail have fueled the market’s rise.
The industry veteran is also the president-elect of the Women’s Jewelry Association.
Slither into spooky season with this scary snake ring that boasts two heads with tsavorite eyes.