Helzberg Diamonds

Helzberg Diamonds is owned by Berkshire Hathaway.

Our “Planet” rating evaluates brands based on the environmental policies in their supply chains, from carbon emissions and wastewater to business models and product circularity. Here we rate Helzberg Diamonds “Very Poor”. These are a few factors influencing its score:

• There’s no evidence it uses any lower-impact materials.
• There’s no evidence it’s taken any action to reduce greenhouse gas emissions in its supply chain.
• While it offers resale of secondhand products, there’s no evidence it’s taking further action to address waste in its supply chain.
• There’s no evidence it’s taking meaningful action to reduce water use. 

Workers’ rights are central to our “People” rating, which assess brands’ policies and practices on everything from child labour to living wages and gender equality. Here we rate Helzberg Diamonds “Very Poor”. These are a few factors influencing its score:

• It partly traces its final production stage, though not its entire supply chain.
• There’s no evidence it provides financial security to its suppliers, which can result in poor working conditions and wages.
• There’s no evidence it ensures workers are paid living wages in its supply chain.
• During the height of the Covid-19 pandemic, it did not disclose adequate policies or safeguards to protect workers in its supply chain from the virus.

Brands’ animal welfare policies and, where applicable, how well they trace their animal-derived products are the focus of our “Animals” rating. Since Helzberg Diamonds makes products that are generally free of animal-derived materials, we have not rated its impact on animals. Its overall rating is based on its combined "Planet" and "People" scores.

Based on all publicly available information we’ve reviewed, we rate Helzberg Diamonds “We Avoid” overall.