There is an urgent need to develop more sustainable business practices. To achieve this, we need to identify not only where business is currently falling short, but also provide evidence for how specific responsible business approaches that encapsulate HREDD can create positive impact at the scale required to ensure just transitions. This snapshot will focus on an innovative and adaptive business model that aims to disrupt the traditionally obscure diamond supply chain. HB Antwerp, and its subsidiary HB Botswana, employ a business model that is focused on providing radical transparency of the diamond production process with reliance on technological innovations and knowledge transfer to build local capacity.
Relevant web page:https://www.humanrights.unsw.edu.au/research/current-research/transforming-business-practices-global-supply-chains