is estimated that the watch and jewelry sector uses over 50% of world's annual gold production (over 2,000 tons), but in most cases the watch companies are not able to or are unwilling to demonstrate where their raw materials come from and if the material suppliers use eco-friendly sourcing technologies. Prizes and awards In 2000, the jury of Montres Passion awarded the prize of “Watch of the Year” to the Emperador model. At the Geneva Watchmaking Grand Prix, the Piaget 1967 watch was awarded the “Design Watch Prize” in 2002 and the Altiplano XL watch won the “Ultra-Flat Watch Prize” in 2003. At the Geneva Watchmaking Grand Prix, Piaget were awarded the Ladies’ Jewellery Watch Prize in 2006, for their Limelight Party model. In 2006 the Limelight Party watch was also elected “Most beautiful watch of 2006” by the magazine Vogue Joyas Spain. The Piaget Polo Chronograph watch was elected “Watch of the Year 2007” in the Chronograph category by the jury of the French magazine La Revue des Montres. The Emperador model received the prize of Men's Watch of the Year 2007 (Middle East Watch of the Year Awards 2007), organised by the magazine Alam Assaat Wal Moujawharat. The Limelight Party Secret watch was named “Watch of the Year 2007” in the Ladies’ Watch category by the Belgian magazine Passion des Montres. Piaget Best Jeweller Prize In 2005, Piaget created their Best Jeweller Prize. This prize is awarded to the most deserving student of the Certificat Fédéral de Capacité in watchmaking. Dorian Recordon was the first holder of the qualification to receive this prize. See also List of watch manufacturers References External links Richemont brands Swiss watch brands Design companies established in 1874 Manufacturing companies established in 1874 Watch manufacturing companies of Switzerland Luxury brands Swiss companies established in 1874