New York: The World Jewelry Confederation has signed on as the latest sponsor of the Jewelry Industry Summit. As well as giving financial support, the organization said it will urge its members to participate in the event.

“CIBJO’s mission is fully aligned with the goals of the Jewelry Industry Summit,” said president Gaetano Cavalieri.

“Engaging in responsible sourcing is a basic and universal value for all CIBJO members – and this summit presents a rare opportunity for every sector to work together to create actions for all businesses to sustain the supply chain and ensure the success of our businesses in the 21st century. CIBJO will do everything it can to ensure that the summit is a success.”

The Summit, an interactive and facilitated discussion designed to drive open discussions on sustainability and responsible sourcing, will be held at Fashion Institute of Technology in New York City from March 10-13, 2016.

According to its organizers, the goal of the event is to create awareness of supply chain challenges and consider tools to take actions to mutually benefit the jewelry industry and create business opportunities and new sources of value for suppliers and the consumer. Participants will include members of the diamond, colored gem and precious metal industries, trade associations, financial institutions, as well as those in the international communities.