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Book Cover
Book
Author Bloomfield, Michael John, author

Title Dirty gold : how activism transformed the jewelry industry / Michael John Bloomfield
Published Cambridge, Massachusetts : The MIT Press, [2017]

Copies

Location Call no. Vol. Availability
 WATERFT  382.456882 Blo/Dgh  AVAILABLE
Description xiv, 256 pages : illustrations ; 24 cm
Series Earth system governance
Earth system governance.
Contents Introduction -- Opportunities model for corporate political mobilization -- Brilliant Earth & ethical jewelers -- Tiffany & the specialty jewelers -- Wal-Mart & the diversified jewelers -- The causes and consequences of corporate leadership -- Conclusion
Summary Gold mining can be a dirty business. It creates immense amounts of toxic materials that are difficult to dispose of. Mines are often developed without community consent, and working conditions for miners can be poor. Income from gold has funded wars. And consumers buy wedding rings and gold chains not knowing about any of this. In Dirty Gold, Michael Bloomfield shows what happened when Earthworks, a small Washington-based NGO, launched a campaign for ethically sourced gold in the consumer jewelry market, targeting Tiffany and other major firms. The unfolding of the campaign and its effect on the jewelry industry offer a lesson in the growing influence of business in global environmental politics. Earthworks planned a "shame" campaign, aimed at the companies' brands and reputations, betting that firms like Tiffany would not want to be associated with pollution, violence, and exploitation. As it happened, Tiffany contacted Earthworks before they could launch the campaign; the company was already looking for partners in finding ethically sourced gold. Bloomfield examines the responses of three companies to "No Dirty Gold" activism: Tiffany, Wal-Mart, and Brilliant Earth, a small company selling ethical jewelry. He finds they offer a case study in how firms respond to activist pressure and what happens when businesses participate in such private governance schemes as the "Golden Rules" and the "Conflict-Free Gold Standard." Taking a firm-level view, Bloomfield examines the different opportunities for and constraints on corporate political mobilization within the industry
Bibliography Includes bibliographical references and index
Subject Business and politics.
Corporate governance.
Gold mines and mining -- Environmental aspects.
Jewelry trade -- Moral and ethical aspects.
Jewelry trade -- Political aspects.
Social responsibility of business.
LC no. 2016025658
ISBN 0262035782
9780262035781