Items Tagged With DTC

The Best Practice Principles (BPP) is a mandatory set of principles introduced by the Diamond Trading Company (DTC), a major arm of the De Beers Group . As another initiative to promote integrity and accountability in their trade, these oblige every member of the De Beers family to follow the highest standards in their professional, social, ethical and environmental responsibilities.

De Beers is the largest diamond production company in the world, recording 40% production of gem quality diamonds across the world. Operating as a cartel, this unrivalled leader has a century rich history and a strong structure. It works through applying maximum thrust in the diamond pipeline and its business and marketing strategies are exemplary.

The group has a presence in twenty five countries and is noted to employ approximately 23000 personnel and approximately 10,000 contractors across the world. Its mines are located in some of the best strategic locations. As per its statistics, the De Beers organization shows a strong focus on strengthening its presence in diamonds; it also supports many native diamond communities across the world through initiatives in education and health. Importance of the environment is also not neglected.