A large majority of US consumers value sustainable living and are willing to pay more for products with sustainable packaging. However, many brands engage in greenwashing, misleading consumers about their environmental practices. This article focuses on the diamond industry, highlighting the distinction between natural and lab-grown diamonds and the potential greenwashing associated with the latter. It also discusses the environmental and social aspects of diamond production and the importance of transparency and regulation in the industry.

Ashok Sonthalia, CFO of Titan Company, reveals the demand for jewellery during the festive season, the growth in different segments, and the company’s strategies for expansion and market share growth.