GIA Laboratory-Grown Diamond Report - Dossier at a Lower Cost

laboratory-grown

The Gemological Institute of America (GIA), the leading gemmological grading and identification organisation, is now offering a lower-cost GIA Laboratory-Grown Diamond Report - Dossier. The revised report will no longer include the growth method or post-growth treatments, reducing fees for the service. For example, the revised report for a 1-carat laboratory-grown diamond will cost US$55, down from US$85. The report will continue to include the full 4Cs of Diamond Quality specifications and will now be available for laboratory-grown diamonds of 0.15 carats to a new upper range of 3.99 carats.

“This cost-effective report aligns with our goal of increasing the number of laboratory-grown diamonds with GIA reports in the market to protect consumers and ensure their trust in gems and jewellery,” said GIA President and CEO Susan Jacques. “We are tailoring our reports to focus on the information consumers and retailers find most important – the 4Cs and whether the diamond is natural or laboratory-grown.”

GIA will continue to include growth method, post-growth treatments and a plotted clarity diagram in the GIA Laboratory-Grown Diamond Report. This service is for loose, D-to-Z laboratory-grown diamonds weighing 0.15 carats or more. All laboratory-grown diamonds submitted to GIA are laser-inscribed with the GIA report number and the words "LABORATORY-GROWN" to ensure that consumers can differentiate them from natural diamonds. All GIA reports for laboratory-grown diamonds will continue to be available in digital-only formats. The updated fee schedule is available on GIA.edu.

TFR – The world’s first online marketplace for lab grown diamond jewellery was recently referred by Forbes magazine as the New Farfetch of LGDs. The Future Rocks, founded in Hong Kong by co-founders, Ray Cheng and Anthony Tsang specialises in eco-friendly jewellery and supports a circular economy driven by ethical and transparent business practices.

TFR began its journey last year, with 123 SKUs and six brands has now added many more partners and SKUs. Some of the partner brands include, the Chanel backed Courbet based in Paris’ Place Vendôme , w Japanese label Terra, Prmal (also Japanese that makes only hand crafted jewellery), Loyal.e Paris, Maren from Germany, Unsaid and London based, Monarc. TFR onboards only those brands that use lab diamonds and recycled metals. TFR currently ships to 24 countries is available in English, Japanese and Korean language.

TFR’s target customers are Millennials and Gen-Z, consumers for whom sustainability matters a lot. They are similar in profile to Patagonia consumers who are willing to pay a premium for products that use recycled and ecofriendly materials.

Jewllery is one product category where, look, touch and feel are very important. It is therefore essential for a brand to interact face to face with its customers. With the intention of educating the Japanese consumers about lab diamonds and sustainability, TFR launched its POP up store in collaboration with Tokyo’s luxury department store Isetan Shinjuku from 6th to 17th January.

“Japan is a global trendsetter that prides itself on tradition and culture while embracing new concepts and ways of thinking. At TFR, we have deep respect for craftsmanship, while fully embracing technology to innovate and cultivate active engagement that opens doors and bridges cultures. We are thrilled and honored for the opportunity to work with Isetan, and we appreciate their recognition of our vision for the future of jewelry.”

- Ray Cheng, Co-founder & Chief Design Officer.

In 2023 TFR team looks forward to more experiential activations around Tokyo and New York City, from pop-ups to exclusive launches that will allow Japanese and international audiences to get up close and personal with The Future Rocks, and to connect emotionally with the jewels.

Delhi, with 18 chapters covering different geographical regions of India.FLO represents over 8000 women entrepreneurs and professionals.With over 37 years of experience, FLO has been promoting entrepreneurship and professional excellence among women through workshops, seminars, conferences, training, and capacity building programs etc.The objective of the organization is to encourage and facilitate women to showcase their talents, skills, experiences and energies across sectors and verticals of the economy, for a truly inclusive economic growth trajectory. For a better understanding of Lab Grown Diamond manufacturing and the scope of women’s employment in this technical sector, a FICCI FLO delegation made a visit to Greenlab Diamond LLP, the largest cultivator of diamonds in the world. The team visited the

They received an orientation on various aspects of the Lab Grown Diamond growing processing and marketing

Greenlab LLP’s Green Building (listed under USGBC) drew a lot of attention and admiration from the visitors. The name Green symbolizes the company’s philosophy of cultivating green diamonds in a green, eco friendly and sustainable environment. Greenlab LLP draws its electricity from renewable energy. The company’s efforts in water conservation and zero waste management were much appreciated by the visiting team. Along with the manufacturing technology, the group explores how a manufacturing unit is built up and run in a systematic and sustainable way by carrying the company’s mission of “an affordable luxury in a sustainable way”.

“Economic freedom is very important for women’s empowerment. They must be partners in economic development also. I have seen that women are very good at adapting to latest technology. We should link women and technology up-gradation.” - Prime Minister,