Founded in 2016, IGDA is a non-profit association which serves as the central point for communication, education, and development of the lab-grown diamond industry. IGDA strongly believes that lab-grown diamonds have the potential to not only extend the application of diamonds but also to increase the size, value and employment for the diamond industry.
To this effect, IGDA will:
Ensure that lab-grown diamonds are interpreted fairly and factually.
Serve as an authentic knowledge source for lab-grown diamonds for both consumers and trade.
Lead the IGDA members across industrial, government and consumer forums and work collectively to resolve any issues that impact the lab-grown diamond industry.
Encourage ethical industry practices and standards among IGDA members.
Promote cooperation and encourage discussions between various sections of the lab-grown diamond industry.
IGDA is governed by the Executive Committee (EC) comprising of President, Vice President and Secretary-General. The EC will regularly monitor and advise its members on challenges faced by the lab-grown diamond industry. To represent collective views of the IGDA and its members, the EC will appoint, govern and advise some key working committees within the association which will further IGDA’s mission.
The EC will be supported by the following three committees which will work with rest of the IGDA members on consumer or trade related issues.
Technical Committee (TC): This committee will serve as the primary source of technical information for all other Working Committees of IGDA, providing them with latest scientific knowledge & research material on lab grown diamonds. TC will seek to establish itself as an invaluable resource for all IGDA.
Marketing Committee (MC): This committee will build & maintain a knowledge base on lab-grown diamonds that members can choose to use in their businesses. Members can reach out to MC to support and guide on various marketing activities. The MC would monitor & initiate actions to prevent unethical marketing practices that mislead or misrepresent facts about lab-grown diamonds. EC & MC will align with other trade bodies to address issues concerning the lab-grown diamonds.
Public Affairs Committee (PC): This committee would work to standardize trade qualifiers & interpretations of lab grown diamonds which is essential to build a fair market for lab-grown diamond industry. The PC will initiate programs with various international trade or consumer bodies and build a flourishing network for lab grown diamonds.