Annual Review of 2024

Ethics – Compliance and Standards

The Taché Group as a whole, as well as each of its entities individually, continuously strive to uphold the highest industry standards. Amongst them, Taché France SAS, Taché Company NV and Taché Diamonds Botswana are all RJC certified on CoP 2019 standards.

The Group, which includes the above stated entities, have conducted due diligence exercises on their supply chains, including on human rights and potential adverse impacts, and have not identified any red flags. The OECD five-step framework for risk-based due diligence on supply chains was followed.

The core of RJC CoP 2019 standards are integrated through internal reviews of policies, procedures and practices – all of which are verified annually through client audits and internal reviews, as well as independent third-party audits every three years.

In upholding the highest industry standards, transparency towards our stakeholders is a key element. Each of the Group’s entities annually undertake a financial audit by an independent and qualified third-party financial auditor.

The Group-wide CSR, Supply Chain and Sourcing Policy are endorsed by senior management, shared with our suppliers and act as a guideline towards our stakeholders on how to adhere to our business principles. Furthermore, an ‘ESG Insights 2023’ first-report was created earlier this year and shared with stakeholders – enhancing more transparency on the Group’s sustainability activities and ambitions.

Ethics – Social

The communities linked either directly or indirectly to the Taché’s supply chain are important stakeholders that are key to sustaining it.  The Taché Foundation was unveiled in 2021 with the vision to track and measure the impact of all its diamonds in the communities in which it operates. In 2024, The Taché Foundation continued to engage in the fight against Gender Based Violence in Botswana and provided a vital output for local farmers through the set-up a honey aggregation centre in Lesotho.

Ethics – Environmental

Taché exclusively funded scientific research on how the genetics of gorgonian coral colonies off the coast of Marseille demonstrate qualities of resistance to rising heatwaves and climate change.

The group measures its Scope 1 and Scope 2 carbon footprint on an annual basis. A journey that began three years ago – the current focus is now to measure Scope 3 emissions. Amongst others, Taché France SAS, Taché Diamonds Botswana and Taché Company NV are all part of that scope. Taché Company NV has further committed to setting near and long-term SBTI targets.