The Signet Responsible Sourcing Protocol (SRSP) is a guide for Signet suppliers to ensure that all products which include gold, tin, tungsten, and tantalum provided to Signet are conflict-free. Compliance with Signet’s SRSPs is an annual requirement for all Signet suppliers. Suppliers will be notified of the requirement for an audit by the SRSP Project Team on a representative sample basis, in accordance with the SRSP audit policy. SRSP is a pathway to additional jewelry certifications—ask us about bundling discounts.
Timeline: Verification takes on average 3 – 8 weeks to complete from signed Work Order through to final decision. Onsite audits*, if required, are typically one-day audits.
*If sufficient risks or gaps are found, SCS reserves the right to conduct an onsite audit of relevant corporate offices or manufacturing sites.
Through the Signet Responsible Sourcing Protocols (SRSPs), Signet meets the requirements of U.S. law* and annual SEC reporting obligations relating to conflict minerals.
These protocols identify criteria suppliers must meet in order to verify their products as “conflict-free” and are based on existing and harmonized industry guidance and standards including the Organization for Economic Cooperation and Development (OECD) Due Diligence Guidance.
In order to help minimize duplication of audits wherever relevant and possible, Signet recognizes the equivalence of the Responsible Jewellery Council Code of Practices certification and SCS Global Services’ Responsible Source certification.
*Specifically H.R. 4173, the Wall Street Reform and Consumer Protection Act, often referred to as the “Dodd-Frank Act”, Section 1502
Documentation should include policy (e.g. terms of business) and transaction documentation (e.g. delivery notes). It should cover the full scope of activity (e.g. that the material supplies cover all material supplied to the company over the period), and show that there is no reason to believe there is any additional risk of contamination of the supply chain from any other source.
The types and quantity of documentation will depend on your operations. Your auditor can provide more guidance or contact SCS for more information.
Verification takes on average 3 – 8 weeks to complete from signed work order through to final decision. Onsite audits, if required, are typically one-day audits. The timing of the audit should allow time for the supplier to provide additional information, rectify information, or undertake corrective actions as required by the auditor.
The audit will most likely just be a desk audit. However, if your auditor finds significant gaps or risks in your documentation, an onsite audit may be necessary. The onsite audit may be at your main office where financial transactions are managed, or at your manufacturing or suppliers’ sites.
Getting your SRSP certification with SCS enables you to: