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Time of India
16-07-2025
- Business
- Time of India
Duty Dilemma: India Inc's American dream on hold as tariff talks drag
Kolkata | Pune: Prolonged trade talks between India and the US are weighing on export orders, business plans, and onboarding new US clients for Indian businesses, as global companies and brands adopt a wait-and-watch mode on the outcome of the negotiations, said industry executives. The cautious stance is seen across major sectors such as electronics, apparel and textiles, seafood, gems and jewellery. Electronics contract manufacturers like Dixon Technologies , Micromax-owned Bhagwati Products, and Karbonn Group said, while they are continuing exports to the US, clients have halted plans for new orders till they get clarity on the trade negotiations. Explore courses from Top Institutes in Select a Course Category Public Policy Cybersecurity MCA PGDM Healthcare Design Thinking others Product Management Operations Management Management CXO Leadership Technology Artificial Intelligence healthcare Project Management Data Science Data Analytics Digital Marketing Degree Others Finance Data Science MBA Skills you'll gain: Economics for Public Policy Making Quantitative Techniques Public & Project Finance Law, Health & Urban Development Policy Duration: 12 Months IIM Kozhikode Professional Certificate Programme in Public Policy Management Starts on Mar 3, 2024 Get Details Skills you'll gain: Duration: 12 Months IIM Calcutta Executive Programme in Public Policy and Management Starts on undefined Get Details "Prospective clients who wanted to manufacture in India for the US are in a wait-and-watch mode, expecting clarity on where India stands vis-a-vis China and Vietnam in terms of US tariff," said Atul Lall, managing director at Dixon Technologies. Dixon produces Motorola smartphones for exports to the US. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like [70%할인] 갱년기 증상 전부 완화가능한 '이것' 특가 진행 중! 한 달치 무료 증정 이벤트 곧 마감! 리피어라 더 알아보기 Undo Karbonn Group managing director Pardeep Jain noted prevailing high level of uncertainty regarding the US market. "Brands have made it clear that if there is no substantial duty difference between India and China, they are unlikely to shift manufacturing to India. Discussions are still continuing," he said. India and the US are continuing discussions to finalise a bilateral trade agreement . The US government had earlier extended a 90-day pause on imposing reciprocal tariffs for most of its trading partners to August 1 from July 9. For India, the US has proposed a 26% tariff. Live Events US President Donald Trump on Wednesday said the deal with India could be soon finalised before reciprocal tariffs come into effect next month. The US is India's largest trading partner with bilateral trade valued at $131.84 billion in FY25. The current scenario is also impacting India's long-term export orders for gems and jewellery too, including for the Christmas and year-end shopping period. "The process of placing orders for Christmas usually begins in June from the JCK Show of jewellery at Las Vegas; first with sample line orders followed by the full orders in September-October," said Sabyasachi Ray, executive director, The Gems and Jewellery Export Promotion Council. "This process has been disrupted as US importers are buying only for a short term for each month as there is no clarity on the exact rate of tariff." US buyers are also doing rate negotiations, said Ray, adding that the buyers are expecting demand to fall if Indian jewellery becomes pricier due to higher tariffs. "Some buyers are negotiating about sharing the burden," he said. Industry body Confederation of Indian Textile Industry (CITI) secretary general Chandrima Chatterjee said there is optimism in the short term that India will secure a good deal, with relative tariffs likely to be largely better than its major competitors. "However, this optimism may not completely translate into orders in the medium term due to the vague scenario about applicable product specific tariffs that will unfold," she said. "There is cautious optimism. The buyers are holding back on big orders as the sectoral or category-wise tariff rates could vary significantly." Seafood exporters too are facing slowdown in orders in the past few weeks as buyers are inquiring if the former is ready to absorb the entire burden of any increase in tariff. "There is a slowdown in exports from the past three weeks as new orders are not coming," said Pawan Kumar G, president, Seafood Exporters' Association of India. Many marine sector exporters are also facing difficulty in obtaining loans as some banks are offering limited financing due to sluggish orders. The companies, which asked not to be named as it may affect their credit ratings, are seeking support from banks and the government to tide over the situation. The US has imposed a 19% tariff on Indonesia under a new agreement, and 30% on the European Union effective August 1. Trump has sent tariff letters to about two dozen countries including Canada, Japan, and Brazil which specifies tariff rates ranging from 20% to 50% apart from a 50% tariff on copper. He has said for the smaller countries, it is likely to be around 10%.
Forbes
29-06-2025
- Business
- Forbes
How The Kering Group And JCK Are Supporting Sustainable Jewelry Design
Marie-Claire Daveu, Chief Sustainability and Institutional Affairs Officer of the Kering Group ... More (fourth from left) presented the first ever Kering Generation Award X Jewelry at the JCK show in Las Vegas Most jewelry trade shows are mainly concerned with buying and selling, but the June 2025 edition of the JCK show in Las Vegas communicated multiple messages about how and why jewelry and other luxury goods are becoming more earth-friendly. What's more, major players in the luxury industry, such as the global holding company the Kering Group, are leading the way. (The Kering Group's jewelry Houses include Boucheron, Pomellato, DoDo, and Qeelin.) On Saturday, June 7, Kering held the first-ever Kering Generation Award X Jewelry award ceremony at the JCK Show. For RX Global, the JCK' show's parent company, sustainability informs how it designs trade show events and engages industry communities around the world before, during and after the annual show every June. In an email interview, Sarin Bachmann, vice-president of the RX Jewelry Portfolio, which includes JCK, JCK Magazine, Luxury and JIS wrote, 'We have a unique platform to drive meaningful change through our sustainability talks and reportage, as it is central to the future of the jewelry industry.' This June, JCK teamed up with The Kering Group to present the first-ever Kering Generation Award X Jewelry ceremony during the JCK show. JCK And Kering Group Are Sustainability Leaders Launched in November 2024, the Kering Generation Award X Jewelry was created by the Group in collaboration with CIBJO, The World Jewellery Confederation, and with scientific coordination by the Politecnico di Milan school in Milan. The Kering Generation Award X Jewelry initiative aims to support a new generation of innovators committed to designing and producing sustainable jewelry. Embodying the theme of 'Second Chance, First Choice', the Award invited participants to design a piece of jewelry, or a collection, that incorporates waste materials, thereby giving them new luxurious life as beautiful, sustainable jewelry. The competition involved 22 startups and students from 10 world-renowned universities and academies. In an email interview following the Award ceremony, Marie-Claire Daveu, Kering Group Chief Sustainability and Institutional Affairs Officer, described how Kering's jewelry Houses Boucheron, Pomellato, DoDo, and Qeelin '…all embody the Group's broad commitment to responsible innovation and sustainability across the jewelry value chain. The use of such materials as Cofalit, she continued, 'a byproduct of industrial waste, by our Maison Boucheron, is a powerful example of how creativity and responsibility can go hand in hand in high jewelry, We actively encourage all our Houses to explore new materials and innovative processes that help reduce environmental impact and expand the boundaries of what is possible in luxury.' Kering Generation Award X Jewelry Winners The winner in the student category of the Kering Generation Award X Jewelry was Lee Min Seo, a student from the Department of Metalwork and Jewelry at Hongik University in Seoul, Korea. Lee Min Seo breathes new life into tradition with Rhythm Reborn, a collection crafted from discarded leather from the janggu, a traditional Korean percussion instrument. Lee transforms worn-out janggu leather — often discarded after extensive use — into sculptural jewelry pieces. This prevents environmental waste while revivifying the rhythms, lyricism, and human emotions of Korean musical heritage. The startup category Award went to Ianyan, a retail independent designer jewelry brand that uses fractured opals and other ruggedly beautiful gemstones that are generally absent from conventional jewelry. Ianyan promotes a circular economy by choosing imperfect gems to revive traditional values and give new life to materials through craftsmanship, and by designing jewels with stones that are repaired, transformed or recomposed. The Award winners will be mentored by experts from Politecnico di Milano and their resulting designs will be unveiled by the Kering Group at the 2026 JCK Show and through global media channels, highlighting their commitment to innovation and sustainability. In addition, student Lee Min Seo is invited to complete an internship at one of Kering's jewelry Maisons. The Award trophies, designed by Yi Design, winner of the third Kering Generation Award in China, were presented by Professor Alba Cappellieri, Head of Jewelry and Fashion Accessories Programs at Politecnico di Milano, Marie-Claire Daveu, Chief Sustainability and Institutional Affairs Officer at Kering, and Gaetano Cavalieri, President of CIBJO. A Dynamic Sustainability Partnership According to Bachmann, Marie-Claire Daveu's presence at JCK for the second year in a row 'represents the forward-thinking partnership that JCK values deeply. Marie Claire's commitment to returning and the selection of JCK as the best global partner for the Kering Generation Award X Jewelry underscores the recognition of JCK as the premier platform to reach the global industry on the largest scale-- where all the most important leaders come together.' While it's too early for Bachmann to announce specific plans for 2026, 'I can say that our relationship with sustainability leaders like Marie-Claire continues to grow stronger. JCK is the natural home for initiatives that shape the jewelry industry's future. Collaborations with partners like Kering,' she mused, 'validate that the most innovative companies recognize JCK as the platform of choice for reaching the entire global jewelry industry.' As Daveu put it, 'At Kering, sustainability is at the core of our Group strategy, and innovation is one of the key pillars of our sustainability roadmap. Why? Because we firmly believe that innovation is essential to achieving our goals - not only in fashion, but also in jewelry. The work on raw materials is especially critical in the jewelry sector,' she explained, 'because raw materials represent the largest share of our environmental footprint. The way we source and transform those materials is where the most meaningful change can occur. That's why research and development in this area is a clear priority, supported at both Group and brand level.' How Third-Party Analysts Rank Kering's ESG These efforts appear to be paying off, big-time, for Kering was ranked first out of all the Textiles, Apparel & Luxury Goods companies in Corporate Knights' 2024 100 Most Sustainable Corporations in the World. (The Corporate Knights Global 100 is an annual ranking of the world's most sustainable corporations, published by Corporate Knights.) This index evaluates publicly traded companies with over $1 billion in revenue based on their environmental, social, and governance (ESG) performance. The ranking is announced each year during the World Economic Forum in Davos. While this was the seventh year in a row that Kering was lauded by the Corporate Knights index as an Industry leader, Kering was also designated as first place winner in its Corporate Knights peer group category of Retail, excepting grocery and automobile businesses. To determine this year's ranking, 6,733 companies were analyzed against global industry peers across 25 quantitative key performance indicators, including percentage of sustainable revenue and percentage of sustainable investment. Also assessed are carbon productivity, meaning the amount of revenue produced per unit of carbon emissions, plus racial and gender diversity. Encouraging movements highlighted in 2024's Corporate Knights analysis include continued growth in corporate revenues and investments aligned with what it terms a 'sustainable economy'. The report claims there was close to a 30% growth annually in this realm, which is six times faster than the economy at large. While the rising tide of corporate sustainability is creating worldwide big wave patterns, JCK and the Kering Group are surfing those waves together.
The Sun
12-06-2025
- Business
- The Sun
De Beers launches ‘Ombré Desert Diamonds' jewellery beacon and ‘Origin, De Beers Group' polished diamonds
LAS VEGAS, US - Media OutReach Newswire - 12 June 2025 - De Beers Group today unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers Group. At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group revealed its first 'beacon' product (a jewellery concept that enables various industry businesses to participate in a category marketing idea) in over a decade. The Ombré Desert Diamonds initiative draws inspiration from the desert landscapes from which many natural diamonds originate. These environments bring to life an array of colours, from warm whites to champagne tones and amber hues. Inspired by the rarity and authenticity of these precious stones, the Ombré Desert Diamonds beacon introduces a fresh, emotionally resonant way of evoking the enduring beauty and value of natural diamonds. De Beers Group beacons, which have previously included the eternity ring and three-stone ring, are focused on driving desire for natural diamond jewellery by introducing new emotionally compelling retail propositions. At the JCK Show, De Beers Group unveiled new design concepts as part of the Ombré Desert Diamonds beacon including multi-stone ombre designs. Retailers across the industry will have the opportunity to participate in the programme. To support the success of Ombré Desert Diamonds, De Beers Group is investing significantly in media and digital campaigns to drive consumer demand at the point of sale. De Beers Group will also be making marketing collateral available to beacon participants. Alongside the new beacon product, the business also formally launched Origin, De Beers Group. First unveiled at the 2024 JCK Show, Origin, De Beers Group is a new branded polished diamond offering designed to enable retailers to tell the individual stories of natural diamonds sourced by De Beers Group, strengthening the connection between a diamond and the individual who wears it. As a loose polished diamond programme, Origin, De Beers Group will enable consumers to explore the details of their diamond's country of origin and journey through the value chain, supported by the Tracr blockchain platform. Moreover, consumers will be able to access a range of information about their unique purchase, including its rarity score and the social impact programmes it has supported. Origin, De Beers Group will provide retailers with advanced digital tools, enhancing consumer engagement through seamless access to provenance information and brand storytelling. Origin, De Beers Group will provide consumers with the opportunity to purchase diamonds sourced from De Beers Group with enhanced assurance, reinforcing their ethical provenance as part of the marketing mix. During its keynote presentation at the JCK Show, De Beers Group also provided a series of updates on its delivery against other areas of its Origins strategy. In the upstream, De Beers Group highlighted progress across its asset portfolio, with the completion of all airborne geophysical surveying in Angola representing a key recent milestone in its exploration activities. In the midstream, De Beers Group reiterated it is doubling down on its commitment to traceability. Earlier this year, the business announced that single country of origin data is now available on Tracr and DiamondProof was launched in US retail stores. Both announcements reflect De Beers Group's focus on leveraging technology to provide an enhanced consumer proposition by connecting diamonds to their source. In the synthetics space, De Beers Group announced the first production of technology diamonds from its Element Six Oregon Centre. This is a key milestone in Element Six's $130 million investment in its Portland, Oregon facility, and its progress with synthetic diamond technology solutions for industrial use. Theannouncement follows De Beers Group's communication of its plans to close its Lightbox lab-grown diamond jewellery business. Al Cook, Chief Executive Officer of De Beers Group, said: 'One year on from announcing our Origins strategy, we have made fast and meaningful progress in delivering our vision. We have met every target that we announced back in 2024. Every part of De Beers is evolving to create lasting value, benefitting shareholders, the industry and consumers. The launch of our first beacon in over a decade marks an exciting new era in showcasing the magic of natural diamonds, while Origin, De Beers Group connects people with the powerful stories behind natural diamonds – the communities they help support, the landscapes they come from, and the meaningful impact they create. With innovation across the value chain – from provenance to synthetic diamond technology – De Beers is reinforcing its leadership in an evolving marketplace.' De Beers Group also reinforced its commitment to sustainability, in line with its Building Forever programme, with key advancements in renewable energy. Recent agreements, including Namdeb's partnership with Namibia's NamPower, and Debswana's collaboration with Botswana Power Corporation, pave the way for increased renewable energy integration across the De Beers Group business. De Beers Group also confirmed that Envusa Energy has commissioned on its renewable energy projects in South Africa, set to power Venetia Mine from 2026.
Zawya
12-06-2025
- Business
- Zawya
De Beers launches ‘Ombré Desert Diamonds' jewellery beacon and ‘Origin, De Beers Group' polished diamonds
First 'beacon' product in more than a decade will support category demand for natural diamonds, while Origin initiative will differentiate De Beers-sourced polished diamonds Rapid delivery of Origins strategy priorities and reinforced commitment to driving demand for natural diamonds LAS VAGAS, US - Media OutReach Newswire - 12 June 2025 - De Beers Group today unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers Group. At the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group revealed its first 'beacon' product (a jewellery concept that enables various industry businesses to participate in a category marketing idea) in over a decade. The Ombré Desert Diamonds initiative draws inspiration from the desert landscapes from which many natural diamonds originate. These environments bring to life an array of colours, from warm whites to champagne tones and amber hues. Inspired by the rarity and authenticity of these precious stones, the Ombré Desert Diamonds beacon introduces a fresh, emotionally resonant way of evoking the enduring beauty and value of natural diamonds. De Beers Group beacons, which have previously included the eternity ring and three-stone ring, are focused on driving desire for natural diamond jewellery by introducing new emotionally compelling retail propositions. At the JCK Show, De Beers Group unveiled new design concepts as part of the Ombré Desert Diamonds beacon including multi-stone ombre designs. Retailers across the industry will have the opportunity to participate in the programme. To support the success of Ombré Desert Diamonds, De Beers Group is investing significantly in media and digital campaigns to drive consumer demand at the point of sale. De Beers Group will also be making marketing collateral available to beacon participants. Alongside the new beacon product, the business also formally launched Origin, De Beers Group. First unveiled at the 2024 JCK Show, Origin, De Beers Group is a new branded polished diamond offering designed to enable retailers to tell the individual stories of natural diamonds sourced by De Beers Group, strengthening the connection between a diamond and the individual who wears it. As a loose polished diamond programme, Origin, De Beers Group will enable consumers to explore the details of their diamond's country of origin and journey through the value chain, supported by the Tracr blockchain platform. Moreover, consumers will be able to access a range of information about their unique purchase, including its rarity score and the social impact programmes it has supported. Origin, De Beers Group will provide retailers with advanced digital tools, enhancing consumer engagement through seamless access to provenance information and brand storytelling. Origin, De Beers Group will provide consumers with the opportunity to purchase diamonds sourced from De Beers Group with enhanced assurance, reinforcing their ethical provenance as part of the marketing mix. During its keynote presentation at the JCK Show, De Beers Group also provided a series of updates on its delivery against other areas of its Origins strategy. In the upstream, De Beers Group highlighted progress across its asset portfolio, with the completion of all airborne geophysical surveying in Angola representing a key recent milestone in its exploration activities. In the midstream, De Beers Group reiterated it is doubling down on its commitment to traceability. Earlier this year, the business announced that single country of origin data is now available on Tracr and DiamondProof was launched in US retail stores. Both announcements reflect De Beers Group's focus on leveraging technology to provide an enhanced consumer proposition by connecting diamonds to their source. In the synthetics space, De Beers Group announced the first production of technology diamonds from its Element Six Oregon Centre. This is a key milestone in Element Six's $130 million investment in its Portland, Oregon facility, and its progress with synthetic diamond technology solutions for industrial use. Theannouncement follows De Beers Group's communication of its plans to close its Lightbox lab-grown diamond jewellery business. Al Cook, Chief Executive Officer of De Beers Group, said: "One year on from announcing our Origins strategy, we have made fast and meaningful progress in delivering our vision. We have met every target that we announced back in 2024. Every part of De Beers is evolving to create lasting value, benefitting shareholders, the industry and consumers. The launch of our first beacon in over a decade marks an exciting new era in showcasing the magic of natural diamonds, while Origin, De Beers Group connects people with the powerful stories behind natural diamonds – the communities they help support, the landscapes they come from, and the meaningful impact they create. With innovation across the value chain – from provenance to synthetic diamond technology – De Beers is reinforcing its leadership in an evolving marketplace." De Beers Group also reinforced its commitment to sustainability, in line with its Building Forever programme, with key advancements in renewable energy. Recent agreements, including Namdeb's partnership with Namibia's NamPower, and Debswana's collaboration with Botswana Power Corporation, pave the way for increased renewable energy integration across the De Beers Group business. De Beers Group also confirmed that Envusa Energy has commissioned on its renewable energy projects in South Africa, set to power Venetia Mine from 2026. Hashtag: #DeBeersGroup #JCK #Origin #NaturalDiamonds The issuer is solely responsible for the content of this announcement. About De Beers Group Established in 1888, De Beers Group is the world's leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world's largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group's strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers London and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services and a wide range of diamond sorting, detection and classification technology services. De Beers Group is committed to 'Building Forever,' a holistic and integrated approach to sustainability that underpins our efforts to create meaningful impact for the people and places where our diamonds are discovered. Building Forever focuses on three key areas where, through collaborations and partnerships around the globe, we have an enhanced ability to drive positive impact; Livelihoods, Climate and Nature. De Beers Group is a member of the Anglo American plc group. For further information, visit De Beers Group
Malay Mail
12-06-2025
- Business
- Malay Mail
De Beers launches ‘Ombré Desert Diamonds' jewellery beacon and ‘Origin, De Beers Group' polished diamonds
First 'beacon' product in more than a decade will support category demand for natural diamonds, while Origin initiative will differentiate De Beers-sourced polished diamonds Rapid delivery of Origins strategy priorities and reinforced commitment to driving demand for natural diamonds Al Cook, Chief Executive Officer of De Beers Group announces the Origins strategy at JCK. LAS VAGAS, US - Media OutReach Newswire - 12 June 2025 - De Beers Group today unveiled compelling new downstream propositions focused on driving desire for natural diamonds as a category and on differentiating polished diamonds sourced from De Beers the annual JCK Las Vegas Show – the largest jewellery event in the global calendar – De Beers Group revealed its first 'beacon' product (a jewellery concept that enables various industry businesses to participate in a category marketing idea) in over a decade. The Ombré Desert Diamonds initiative draws inspiration from the desert landscapes from which many natural diamonds originate. These environments bring to life an array of colours, from warm whites to champagne tones and amber hues. Inspired by the rarity and authenticity of these precious stones, the Ombré Desert Diamonds beacon introduces a fresh, emotionally resonant way of evoking the enduring beauty and value of natural Beers Group beacons, which have previously included the eternity ring and three-stone ring, are focused on driving desire for natural diamond jewellery by introducing new emotionally compelling retail propositions. At the JCK Show, De Beers Group unveiled new design concepts as part of the Ombré Desert Diamonds beacon including multi-stone ombre designs. Retailers across the industry will have the opportunity to participate in the programme. To support the success of Ombré Desert Diamonds, De Beers Group is investing significantly in media and digital campaigns to drive consumer demand at the point of sale. De Beers Group will also be making marketing collateral available to beacon the new beacon product, the business also formally launched Origin, De Beers Group. First unveiled at the 2024 JCK Show, Origin, De Beers Group is a new branded polished diamond offering designed to enable retailers to tell the individual stories of natural diamonds sourced by De Beers Group, strengthening the connection between a diamond and the individual who wears it. As a loose polished diamond programme, Origin, De Beers Group will enable consumers to explore the details of their diamond's country of origin and journey through the value chain, supported by the Tracr blockchain platform. Moreover, consumers will be able to access a range of information about their unique purchase, including its rarity score and the social impact programmes it has De Beers Group will provide retailers with advanced digital tools, enhancing consumer engagement through seamless access to provenance information and brand storytelling. Origin, De Beers Group will provide consumers with the opportunity to purchase diamonds sourced from De Beers Group with enhanced assurance, reinforcing their ethical provenance as part of the marketing its keynote presentation at the JCK Show, De Beers Group also provided a series of updates on its delivery against other areas of its Origins the upstream, De Beers Group highlighted progress across its asset portfolio, with the completion of all airborne geophysical surveying in Angola representing a key recent milestone in its exploration activities. In the midstream, De Beers Group reiterated it is doubling down on its commitment to traceability. Earlier this year, the business announced that single country of origin data is now available on Tracr and DiamondProof was launched in US retail stores. Both announcements reflect De Beers Group's focus on leveraging technology to provide an enhanced consumer proposition by connecting diamonds to their the synthetics space, De Beers Group announced the first production of technology diamonds from its Element Six Oregon Centre. This is a key milestone in Element Six's $130 million investment in its Portland, Oregon facility, and its progress with synthetic diamond technology solutions for industrial use. Theannouncement follows De Beers Group's communication of its plans to close its Lightbox lab-grown diamond jewellery Cook, Chief Executive Officer of De Beers Group, said: "One year on from announcing our Origins strategy, we have made fast and meaningful progress in delivering our vision. We have met every target that we announced back in 2024. Every part of De Beers is evolving to create lasting value, benefitting shareholders, the industry and consumers. The launch of our first beacon in over a decade marks an exciting new era in showcasing the magic of natural diamonds, while Origin, De Beers Group connects people with the powerful stories behind natural diamonds – the communities they help support, the landscapes they come from, and the meaningful impact they create. With innovation across the value chain – from provenance to synthetic diamond technology – De Beers is reinforcing its leadership in an evolving marketplace."De Beers Group also reinforced its commitment to sustainability, in line with its Building Forever programme, with key advancements in renewable energy. Recent agreements, including Namdeb's partnership with Namibia's NamPower, and Debswana's collaboration with Botswana Power Corporation, pave the way for increased renewable energy integration across the De Beers Group business. De Beers Group also confirmed that Envusa Energy has commissioned on its renewable energy projects in South Africa, set to power Venetia Mine from #DeBeersGroup #JCK #Origin #NaturalDiamonds The issuer is solely responsible for the content of this announcement. About De Beers Group Established in 1888, De Beers Group is the world's leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world's largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group's strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers London and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services and a wide range of diamond sorting, detection and classification technology services. De Beers Group is committed to 'Building Forever,' a holistic and integrated approach to sustainability that underpins our efforts to create meaningful impact for the people and places where our diamonds are discovered. Building Forever focuses on three key areas where, through collaborations and partnerships around the globe, we have an enhanced ability to drive positive impact; Livelihoods, Climate and Nature. De Beers Group is a member of the Anglo American plc group. For further information, visit
