SCS Global Services and iTraceiT have announced a partnership aimed at improving sustainability and traceability in the diamond and jewelry sector. Together, they plan to introduce a new type of certification that will combine the strengths of both organizations: SCS's sustainability certification expertise and iTraceiT's traceability technology. The goal is to provide consumers and brands with detailed information about the origins, journey, and environmental impact of diamonds and other jewelry components.
The joint initiative comes in response to growing consumer interest in understanding the ethical and environmental background of the products they buy. The collaboration will enable more effective tracking of diamonds through the supply chain, from their production or mining to the final retail product.
Matt Rudolf, CEO of SCS Global Services, explained that today's consumers want more than just a quality product—they are interested in knowing the journey and impact of what they purchase. By joining forces with iTraceiT, SCS aims to offer transparent and reliable information to meet these expectations.
Frederik Degryse, CEO of iTraceiT, emphasized the importance of traceability for understanding the sustainability of a product, including aspects like carbon footprint and fair labor practices. The combination of iTraceiT's blockchain-based traceability platform and SCS's extensive audit experience will deliver a comprehensive solution for the jewelry sector, improving accountability and trust across the supply chain.
About SCS Global Services
SCS Global Services is a leader in environmental and sustainability certifications across various industries, including product manufacturing, agriculture, and green building. Headquartered in California, the company has been offering third-party certification services for 40 years, ensuring rigorous standards for environmental and social responsibility.
About iTraceiT
iTraceiT specializes in providing blockchain technology-based traceability solutions for industries such as jewelry, diamonds, and fashion. The platform aims to ensure transparency and accountability throughout the supply chain, giving stakeholders and consumers insights into the complete lifecycle of the products they purchase.
This collaboration between SCS and iTraceiT represents a significant step toward greater accountability and sustainability in the diamond and jewelry industry, addressing consumer demand for ethical sourcing and verified product origins. The new hybrid certificate is expected to be released by 2025.