Information for business
The KP is an international certification scheme established to prevent the trade of conflict diamonds.
The KP is implemented across 85 member countries, representing over 99% of the global rough diamond trade. Companies engaging in the trade of rough diamonds must understand the requirements of the Kimberley Process Certification Scheme.
Every shipment of rough diamond can only be made accompanied by a valid KP certificate.
A valid KP certificate can only be delivered by the dedicated department of each member of the KP (often Customs).
Participants of the KP can only trade with another KP participant. It is not legal to import or export any rough-diamond shipment from a country that is not a KP participant.
Each certificate guarantees that the diamonds are conflict-free, providing essential verification along the supply chain. This certification is a critical component of ethical compliance.
Companies play a pivotal role in the KP's effectiveness, especially in implementing due diligence and supply chain verification measures. By actively supporting KP standards, businesses contribute to the stability and prosperity of diamond-producing countries.
Risk of non-compliance: Failing to comply with KP requirements while engaging in the trade of rough diamonds may lead to legal consequences, loss of market access, and damage to the company’s reputation. Businesses must view KP compliance as part of risk management, minimizing exposure to reputational and financial risks associated with conflict diamonds.
To engage with the Kimberley Process, as a representative of the industry, any company can request to join the WDC and become part of the KP taskforce.