Why Are Diamonds Important?

Posted on Wednesday, June 14th, 2017 in Gemstone, Informational.


loose diamond

We all know diamonds are one of the most mesmerizing gemstones available, but what makes these gems truly exceptional? Their impact on the world is one that goes beyond adorning the fingers, ears, necklines and wrists of those fortunate enough to wear diamond jewelry.  More often than not, you hear all of the negative stories surrounding the diamond industry when in fact, diamonds are doing a lot of good. Not everyone realizes that the diamond industry is part of a lot of different philanthropic endeavors that are benefiting communities across the world. Here are just a few of their stories.

Diamonds are furthering women’s education. In India, where only 2 in 5 women can read or write, women are getting the chance to further their education through an international non-profit called She’s The First. This organization, funded partially by diamond companies such as Diamonds Unleashed, awards scholarships to women in low income countries with the hopes of narrowing the gender gap.

Diamonds are providing better access to clean water. One of the world’s largest diamond producers, Rio Tinto installed numerous wells that transport water to collection tanks inside Asian villages via solar-powered pumps. Thanks to this new water system, women no longer have to walk several miles a day just to collect water, villagers are able to grow their own gardens, and there has been a notable decrease in water-borne diseases.

Diamonds are allowing access to higher education. The Diamond Empowerment Fund has contributed to organizations that provide scholarships to impoverished African youth so that they are able to obtain the skills and confidence needed in order to lift them out of poverty and find good jobs.

Diamonds are helping protect wildlife. Dominion Diamond Corporation designed and implemented an award-winning Grizzly Bear DNA monitoring program that is being used to track the sub-arctic bear population and ensure that the population remains stable for years to come.

Diamonds are supporting underprivileged children. The Dalumi Group provides financial support to a small settlement in Tlokweng that provides housing for 182 underprivileged children and gives them access to healthcare, education, counseling services, and social activities.

In addition to all of these inspiring stories, there are countless other examples that illustrate all the positive social and economic impacts made by the diamond industry. Thanks to this industry, millions of people have access to healthcare, HIV/AIDS prevention programs have been implemented in areas that desperately need them, and some of the world’s poorest countries are experiencing economic growth. To read more about diamond initiatives that are helping to empower communities across the world, visit www.diamondsdogood.com.