Antwerp’s Role in Ethical Diamond Investing | BNT Diamonds
12273 shutterstock 700095292

Ethical investing: How can I buy conflict-free diamonds in Antwerp?

19 Jul 21
  • What’s the Kimberley Process?
  • What does the city of Antwerp do to ensure ethical investing in diamonds?
  • What’s the result of this process?

The Antwerp diamond sector remains the global leader in the fight against conflict diamonds. Blood diamonds are systematically blocked in Antwerp by the Kimberley Process, a collaboration between governments, the diamond sector and NGOs. This means buying diamonds in Antwerp offers automatic security that your diamonds are ethically responsible. But what does that mean exactly?

12953 15203688 shutterstock 621864464 385x256

What does the city of Antwerp do to ensure ethical investing in diamonds?

Buying diamonds in Antwerp is opting for by far the most transparent and controlled trading centre for diamonds in the world. Every suspicious shipment is meticulously checked, making sure any risk of fraud is kept to an absolute minimum. The diamond sector wants to give off a powerful signal that diamonds from conflict areas are not welcome in Antwerp.

What’s the Kimberley Process?

Buying diamonds in Antwerp means your jeweller is represented by the Antwerp World Diamond Centre (AWDC). This body carefully coordinates and monitors all incoming and outgoing diamonds. The AWDC provides the Kimberley Process, a strict international control mechanism for the sale of rough diamonds. The Kimberley Process (KP) was first launched in 2000 in the South African town of Kimberley. Since 2008, there have been a total of 79 participants, which together represent 75 countries with an ethical vision of the diamond trade.

Conflict diamonds are diamonds used to finance armed rebels, war and conflict. Men, women and children are used to mine for diamonds under inhumane conditions. Even though most civil wars that used this income are now over, the problem has not been completely eliminated.

What’s the result of such a process?

In case of any possible doubt, the diamonds are extensively compared with the properties of diamonds from conflict areas. Antwerp is an incredibly important link in the chain with this monitoring, as 84% of the rough diamonds and 50% of the cut diamonds pass through Antwerp.

Buying diamonds in Antwerp is accompanied by a Kimberley certificate. This ensures you can rely on the fact your diamonds are from the purest possible origin. Antwerp has thereby confirmed its status as the international number one in ethical pure diamonds, both where quality and origin are concerned.

What if I instantly want to buy ethical and high-quality diamonds in Antwerp? Want to find out more about ethical investing? Ask the BNT Diamonds experts for advice or request a quotation now.

With this article, BNT Diamonds strives to inform you thoroughly about investing in diamonds. No investment can be guaranteed to be without risk or fully according to your expectations. That is why we recommend to research the risks and aspects of investing in diamond properly to ensure that you make the right choice for your portfolio.