Tiffany releases its 5th Sustainability Report

The Report highlights Tiffany’s commitment to environmental and social responsibility
Tiffany releases its 5th Sustainability Report

Tiffany & Co. has released its fifth annual Sustainability Report, outlining its sustainability initiatives and ongoing commitment to environmental and social responsibility. The 2014 Sustainability Report provides an overview of the company’s efforts around Tiffany’s most important environmental and social challenges, with a focus on responsible mining and sourcing of raw materials, ranging from diamonds and gold to packaging.

“At Tiffany, we believe that sustainability is a critical element of our business strategy, and that sustainable principles should be practiced in every part of our company,” said Frédéric Cumenal, Tiffany & Co. CEO. In his first month as CEO, Cumenal appointed the company’s first Chief Sustainability Officer, Anisa Kamadoli Costa. The CSO will set the strategic sustainability agenda to ensure continuous improvement of social and environmental performance and further align with business objectives. The report is now available at the Tiffany website. Tiffany has also protected landscapes like Yellowstone National Park and Bristol Bay from the damaging effects of mining, voiced support for those protecting human rights in Angola and Zimbabwe. It believes that it must use the power of its brand and voice to encourage responsible and ethical behavior.

Tiffany has made progress in developing a globally recognized standard for responsible mining. As a founding member of the Initiative for Responsible Mining Assurance (IRMA), Tiffany has collaborated with representatives from industry, NGOs, impacted communities, labor organizations and others to develop true third-party, multistakeholder standards for responsible mining. Tiffany has formed direct relationships with many of the mines that supply diamonds and precious metals. In 2014, Tiffany received 100% of its rough diamonds either directly from a known mine or a supplier with multiple known mines. Our Employees: Tiffany recently introduced the Tiffany Academy for Excellence and Diversity in Leadership, a talent pipeline and rotational development program to attract, retain and advance diverse, high-potential talent. Also, in the sphere of charity, Tiffany continues its history of supporting cultural institutions in New York City and this year the company entered into a long-term partnership with the Whitney Museum of American Art to support the Whitney’s 2017, 2019 and 2021 Biennials. Further, The Tiffany & Co. Foundation continues to be involved in sustainability efforts, supporting leading organizations working in areas like responsible mining and coral conservation.


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