Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

Yesterday

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

“Polyarniy Index” ranked ALROSA among top-5 companies with sustainable development

07 june 2018
ALROSA, the world’s largest diamond producer, entered the top-5 Russian companies with sustainable development, operating in the Arctic, according to the pilot rating program “Polyarniy Index”, jointly developed by the centre of expertise “PORA” (“Proektniy Office Razvitiya Arktiki”) and the Department of Environmental Economics of Lomonosov Moscow State University.
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Image credit: ALROSA



“Polyarniy Index” has become the first specialized rating agency that rates the companies operating within the Russian Arctic.
The results of the first rating were presented to the Public Chamber of Russian Federation on World Environment Day, 5 June.
The methodology for calculating the rating is based on the theory of Sustainable Development, worked out under the aegis of the UN, as a universal model of development that works both for specific areas and institutions and for the world as a whole. Thus, sustainable development is perceived as a balance of its economic, ecological and social components.
At the first stage of ranking, the company’s sustainability index is calculated on an ad hoc method. It takes into account several parameters, divided into economic, social and ecological groups. At the second stage, the agency undertakes a survey in a form of a questionnaire. Experts assess the participating companies on a scale of 1 to 10 on three blocks of questions - economic, social and ecological. The questionnaire attempts to take into account the geographical specifics of the companies - the questions are about their operations in the Arctic conditions.