Because we respect Human Rights, Marathon adheres to the following:
Marathon Company is a jewelry manufacturing and distribution company based in Attleboro, Massachusetts. We have 1 site located in Attleboro Massachusetts and employ approximately 75 personnel.
Marathon is a member of the Responsible Jewellery Council (RJC).
The RJC is a standards-setting organization that has been established to advance responsible ethical, human rights, social and environmental practices throughout the diamond, gold and platinum group metals jewelry supply chain.
The RJC has developed a benchmark standard for the jewelry supply chain and credible mechanisms for verifying responsible business practices through third party auditing.
As an RJC member, we commit to operating our business in accordance with the RJC Code of Practices. We commit to integrating ethical, human rights, social and environmental considerations into our day-to-day operations, business planning activities and decision making processes.
The World Diamond Council created a System of Warranties for diamonds that has been endorsed by all KPCS participants. Under this system, Marathon Company includes the following affirmative statement on all invoices:
“The diamonds herein invoiced have been purchased from legitimate sources not involved in funding conflict and in compliance with United Nations resolutions. The seller hereby guarantees that these diamonds are conflict free, based on personal knowledge and/or written guarantees provided by the supplier of these diamonds.”
It is considered a violation of the KPCS to issue a warranty declaration on a sales invoice unless it can be corroborated by warranty invoices received for purchases. Each company trading in diamonds must also keep records of the warranty invoices received and the warranty invoices issued when buying or selling diamonds. This flow of warranties in and out must be audited and reconciled on an annual basis by the company’s auditors.
In addition, the diamond industry organizations and their members have adopted the following principles of self-regulation:
- to trade only with companies that include warranty declarations on their invoices;
- to not buy diamonds from suspect sources or unknown suppliers, or which originate in countries that have not implemented the Kimberley Process Certification Scheme;
- to not buy diamonds from any sources that, after a legally binding due process system, have been found to have violated government regulations restricting the trade in conflict diamonds;
- to not buy diamonds in or from any region that is subject to an advisory by a governmental authority indicating that conflict diamonds are emanating from or available for sale in such region, unless diamonds have been exported from such region in compliance with the Kimberley Process Certification Scheme;
- to not knowingly buy or sell or assist others to buy or sell conflict diamonds;
- to ensure that all company employees that buy or sell diamonds within the diamond trade are well informed regarding trade resolutions and government regulations restricting the trade in conflict diamonds.
Dodd Frank Act Compliance Policy Statement
In 2010, a new law was enacted, the Dodd-Frank Wall Street Reform and Consumer Protection Act. Within the Act, there is a provision regarding so-called “Conflict Minerals” (Tin, Tungsten, Tantalum and Gold) requiring U.S. based public companies to disclose measures they have taken to identify these metals within their supply chains and to demonstrate that they have not been sourced either directly or indirectly from the Democratic Republic of Congo (DCR) and adjoining nations. It is the policy of the Marathon Company to be compliant with the requirements of this provision of the Dodd-Frank Act and require our supply chain to assure compliance as well.
It is our policy that we do not use any metals in our products that come from conflict areas as outlined in the Dodd-Frank Act. We only partner with suppliers who are in compliance with this Act and can provide evidence of compliance.
Code of Conduct
We are committed to a working and business environment free of bribery and facilitation payments that are both seen as a form of corruption.
Bribes are paid to obtain something the bribe receiver would not otherwise have provided. Bribes may take the form of cash, gifts in kind, hospitality, expenses, advantage or promises. Facilitation payments are paid to receive preferential treatment for something that the payment receiver is otherwise still required to do.
Marathon is committed to not offer, accept or countenance the payment of bribes in any form and we consider bribery risk on the general practices of our ongoing business. We encourage the reporting of incidents of attempted bribery and communicate that no employees shall suffer adverse consequences by voicing concerns or refusing to pay a bribe. Marathon currently has financial accounting instruments in place to monitor facilitation payments and other forms of potential bribery.
Marathon adheres to federal statutes regarding whistleblower protection stating that an employer may not discharge or otherwise retaliate against an employee because the employee has filed a complaint or exercised any rights provided to employees.
We are dedicated to ethical, fair and vigorous competition. We will sell Marathon’s products based on their merit, superior quality, functionality and competitive pricing. We will make independent pricing and marketing decisions and will not improperly cooperate or coordinate our activities with our competitors. We will not offer or solicit improper payments or gratuities in connection with the purchase of goods or services for Marathon or the sales of its products or services, nor will we engage or assist in unlawful boycotts of particular customers.