Being able to trace the entire life cycle of a material, from its source to its final use, is a major concern for us.
Traceability strengthens guarantees related to transparency and product quality and limits risks throughout the supply chain, especially during the various processing steps that a product undergoes throughout its life cycle. In recent years, we have enhanced the traceability of our supply chains so as to control the commercial channels used to purchase our raw materials. We have also developed a risk attenuation plan to accompany our suppliers in this area.
Alongside national and international regulations and reference frameworks established by the ILO and OECD, we adhere to the following environmental certifications and regulations:
• London Bullion Market Association (LBMA)
• London Platinum and Palladium Market (LPPM)
• Responsible Minerals Assurance Process (RMAP)
• Responsible Minerals Initiative (RMI)
• The Conflict Minerals Reporting Template (CMRT)/Responsible Minerals Assurance Process (RMAP)
• Responsible Jewellery Council Chain of Custody (RJC COC)
• Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES)
• The Kimberley Process (KP)
• Registration, Evaluation and Authorisation of Chemicals (REACH)
Gold
We use two types of gold: mined gold – extracted from industrial and artisanal mines – and recycled gold – retrieved mainly from our own production waste but also, to a lesser extent, from the watchmaking and electronics industries.
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Diamonds
100% of the diamonds we use are certified by the Kimberley Process, which ensures the purchase of rough diamonds is not associated with any conflict zones.
To ensure responsible sourcing, the company exclusively sources diamonds from a limited number of suppliers, all trusted partners for many years.
Steel
Oystersteel is an alloy for which Rolex’s exclusive suppliers use waste from European industry in their manufacturing process. This waste represents 60% of the volume of castings on average, and consists of alloyed (from alloys) and non-alloyed (from pure metals) waste. The remaining percentage is made up of ferroalloys, which contain high proportions of the elements that make up Oystersteel and are added in variable proportions to castings to obtain the desired grade of finished steel (904L).
Tungsten, tantalum and tin
We follow the principles of the OECD Due Diligence Guidance to ensure the responsible sourcing of tungsten, tantalum and tin.