{"id":120,"date":"2010-06-08T15:11:24","date_gmt":"2010-06-08T19:11:24","guid":{"rendered":"http:\/\/www.hooverandstrong.com\/blog\/archives\/118\/"},"modified":"2012-06-11T13:47:03","modified_gmt":"2012-06-11T17:47:03","slug":"green-jewelry-market-trends","status":"publish","type":"post","link":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/green-jewelry-market-trends\/","title":{"rendered":"Green Jewelry Market Trends"},"content":{"rendered":"

The Case for HARMONY Precious Metals\u2122 <\/strong><\/p>\n

Total sales for the U.S. Retail Industry in 2007 (including food service and automotive) were $4.48 trillion with jewelry sales comprising $64.8 billion. 1, 2<\/p>\n

About 39 percent of the U.S. adult population purchases fine jewelry each year, and consumers from age 18 to 24 have the highest incidence of jewelry purchases. 3<\/p>\n

Metal mining is the number one toxic polluter in the United States, responsible for more than a quarter of all reported toxic releases in 2005, including 92% of arsenic releases, 84% of mercury releases, and 83% of lead releases. 4<\/p>\n

Open-pit precious metal mines essentially obliterate the landscape, opening up vast craters, flattening or even inverting mountaintops, and producing 8 to 10 times more waste than underground mining. 5<\/p>\n

Cyanide is used by large mining operations to separate silver & gold from ore. Cyanide pollution is a major concern. A rice-grain sized dose of cyanide can be fatal to humans; concentrations of 1 microgram (one-millionth of a gram) per liter of water can be fatal to fish. 6<\/p>\n

Thus far, 57 jewelry retailers have signed on to the No Dirty Gold campaign\u2019s “Golden Rules” criteria for more responsible mining and sourcing of metals. These retailers represented $14.5 billion in US jewelry sales in 2006 or 23 percent of the US jewelry market, and include 8 of the top 10 retail jewelers in the US. 7<\/p>\n

77% of U.S. consumers surveyed in June 2009 said that a product\u2019s “energy footprint” influenced their purchasing decisions. 8<\/p>\n

76% of U.S. consumers are willing to pay more at the register for environmentally friendly products. 8<\/p>\n

74% of U.S. employees believe organizations should take action to lead eco-friendly initiatives. 9
\nU.S. Consumers Likely to spend $104 billion on Green Technology Products Per Year9<\/p>\n

71% of U.S. consumers are interested in green technology but there is a large gap between the number of products consumers own now and the number they say they would like to own. 10<\/p>\n

83% of U.S. adults want to preserve and protect the environment. 1042% percent of adults said products and services that help the environment are hard to find. 10<\/p>\n

59% percent of U.S. adults say they like trying new technologies that help the environment. 10<\/p>\n

56% percent of U.S. adults say gadgets designed to help the environment would be fun to own. 10<\/p>\n

68% percent of U.S. adults like to do business with companies that are environmentally responsible. 10<\/p>\n

72% percent of U.S. adults say they resent companies who say they care about the environment but are not sincere. 10<\/p>\n

Sources<\/strong><\/p>\n

1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 U.S. Census Bureau<\/p>\n

2.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 February 3 2008, http:\/\/www.idexonline.com\/portal_FullNews.asp?id=29499<\/p>\n

3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (JEWELRY-RETAIL AN INDUSTRY STUDY \u00a9 2006 MARK S. GOTTLIEB, CPA, PC JEWELRY-RETAIL Tel: 516-829-4936 \/ www.msgcpa.com http:\/\/www.msgcpa.com<\/p>\n

4.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Toxics Release Inventory, 2005 dataset, U.S. Environmental Protection Agency, http:\/\/www.epa.gov\/triexplorer\/<\/p>\n

5.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Carlos D. Da Rosa, J.C. and James S. Lyon, Golden Dreams, Poisoned Streams (Washington, DC: Mineral Policy Center, 1997), pp. 37, 42.<\/p>\n

6.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Da Rosa and Lyon, p. 43; Robert E. Moran, Cyanide in Mining (Golden, Colorado: MPC, undated), p. 6.<\/p>\n

7.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 www.nodirtygold.com http:\/\/www.nodirtygold.com<\/p>\n

8.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 U.S. National Survey conducted by ORC Guideline Research Group June 2009 http:\/\/www.orcguideline.com\/about_us_news.aspx<\/p>\n

9.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Center for Excellence in Service at the University of Maryland\u2019s Robert H. Smith School of Business\u00a0 http:\/\/www.rhsmith.umd.edu\/ and technology research firm Rockbridge Associates Inc. http:\/\/www.rockresearch.com\/ June 2, 2009<\/p>\n

10.\u00a0\u00a0\u00a0 http:\/\/www.rhsmith.umd.edu\/ntrs\/\u00a0 March 12, 2008<\/p>\n","protected":false},"excerpt":{"rendered":"

The Case for HARMONY Precious Metals\u2122 Total sales for the U.S. Retail Industry in 2007 (including food service and automotive) were $4.48 trillion with jewelry sales comprising $64.8 billion. 1, 2<\/p>\n","protected":false},"author":56,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[39,37,33,34,36,38,35],"_links":{"self":[{"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/posts\/120"}],"collection":[{"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/comments?post=120"}],"version-history":[{"count":3,"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/posts\/120\/revisions"}],"predecessor-version":[{"id":432,"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/posts\/120\/revisions\/432"}],"wp:attachment":[{"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/media?parent=120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/categories?post=120"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/technical-articles.hooverandstrong.com\/wordpress\/wp-json\/wp\/v2\/tags?post=120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}