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Tiffany & Co. uses eGRID sub-region emission factors for electricity purchased in the United States provided by the U.S. EPA. |
Tiffany & Co. uses national emission factors for electricity purchased in the United Kingdom provided by the U.K.’s Department for Environment, Food and Rural Affairs. |
Tiffany & Co. uses provincial emission factors for electricity purchased in Singapore provided by the Energy Market Authority. |
For all other locations, Tiffany & Co. uses national emission factors provided by the International Energy Agency (IEA). |
Tiffany & Co. uses a country with a comparable emissions profile. |
GHG emissions from Tiffany & Co.’s purchased steam consumption are calculated using a supplier-specific emission factor from Con Edison. |
GHG Protocol Scope factors for quantifying market-based emissions, in order from highest to lowest preference. |
Energy attribute certificates Tiffany & Co. applies a zero-emission factor for onsite solar generation where Renewable Energy Credits generated are retained by Tiffany & Co.; and for purchased renewable energy attribute certificates applied to Tiffany & Co. operations. |
Electricity contracts Not applicable Energy supplier-specific emission factors Tiffany & Co. uses publicly available documents (i.e., websites, sustainability reports) from its energy suppliers to seek supplier factors, where applicable. |
†Other energy sources include chilled water, vehicle diesel, vehicle gasoline, non-vehicle diesel, non-vehicle gasoline, acetylene, propane and wax. |
‡The assured metrics include Scope 1, Scope 2 Location-based and Market-based, and Emissions Intensity by Building Area. |
We present Scope 2 emissions calculated before and after accounting for renewable electricity procurement. |
A summary of the data and information collected, including definitions, scope, units of measure, reporting period, calculation methodology and select information sources, can be found throughout Tiffany & Co.’s 2021 Sustainability Report. |
→Living Wage and Local Hiring in Our Own Operations →Philanthropy →Recruitment, Development and Retention †For the purpose of our sustainability reporting and disclosures, “materiality” is defined as that which is most important to the Company and reflects what we believe to be our most significant environmental and so... |
In an effort to present a more holistic view of our potential impacts, we include certain supply chain and downstream value chain information throughout the GRI Content Index, specifying in each such case that which applies to our own operations, and that which applies to external third parties. |
Please see additional information on the Company’s economic, environmental and social impact boundaries below. |
Indirectly, we have impacts in our supply chain, including impacts through our direct suppliers and original raw material sources around the world. |
We focus on the traceability of raw materials used in our products in order to help evaluate our environmental impacts throughout the supply chain. |
Tiffany & Co. employees include all regular, seasonal, temporary and part-time employees, except where otherwise stated. |
For more information on select supply chain information as it relates to our Social and Environmental Accountability Program, please see the Our Sourcing Policies and Guidance and Enacting Our Social and Environmental Accountability Program segments of Product in the 2021 Sustainability Report. |
A description of key sustainability impacts, risks and opportunities can be found within the description of impact boundaries in the introduction to this GRI Content Index, as well as throughout the Report. |
For more information regarding our standards of ethics and integrity (including in our supply chains), please see the Our Sourcing Policies and Guidance and Enacting Our Social and Environmental Accountability Program segments of Product in the “Tiffany & Co. Supplier Code of Conduct” and “Tiffany & Co. |
In compliance by the Company and employees, including in its and their dealings with relevant third parties, with applicable legal requirements and Tiffany & Co.’s core ethical values. 102-19 Delegating authority Tiffany & Co.’s Senior Management team is engaged in active management of the Company’s day-to-day governan... |
Members of the Company’s Senior Management play an active role in Tiffany & Co.’s sustainability efforts across economic, environmental and social areas. |
We believe that fine craftsmanship means embedding social and environmental integrity at every step—from sourcing to processing to crafting our jewelry. |
Our Social and Environmental Accountability Program enables us to uphold our standards in social and environmental responsibility by working with a key subset of our suppliers to help them improve their human rights, labor and environmental performance. |
Global Energy and Greenhouse Gas (GHG) Emissions Performance table included in the 2021 Sustainability Report Appendix. |
For information on fuel types and other key definitions and methodologies, please see the Independent Accountants’ Review Report and the Global Energy and Greenhouse Gas (GHG) Emissions Performance table in the Report Appendix. |
GRI 303 Management approach Tiffany & Co. recognizes the importance that water impacts can have throughout our supply chain, in particular in mining operations. |
The Company does not own or operate any mines, and we do not focus our environmental reporting on water in our own operations at this time as we believe that Tiffany & Co.’s water impacts are relatively low. |
Tiffany & Co. continues to work through the Initiative for Responsible Mining Assurance (IRMA) to support broader industry change and help mitigate the environmental impacts of mining, including through improved water management. |
Tiffany & Co. requires that all Tiffany & Co.-controlled locations and suppliers meet or exceed all environmental laws and regulations, including water standards. |
Through Tiffany & Co.’s Supplier Code of Conduct Guidance document, the Company outlines guidance for suppliers to assess and control potential discharge impacts. |
Suppliers are expected to implement and regularly review documented controls to mitigate identified environmental risks, including maintaining a system to identify, monitor and record data for water usage and discharge. |
If supplier discharge impacts are not properly assessed and controlled, the supplier would be required to take remedial action. |
We not only strive to halt the detrimental effects of climate change and habitat loss, but we also endeavor to improve conditions around the world to allow the lush biodiversity of our planet to thrive into tomorrow. |
Our approach to biodiversity spans product design and development, sourcing practices, supplier relationships and our advocacy efforts. |
At Tiffany & Co., we celebrate a legacy of business practices that support biodiversity, from protecting our land and sea to rebuilding ecosystems and transforming supply chains. |
Through our Social and Environmental Accountability Program, Tiffany & Co. upholds standards in social and environmental responsibility by working with a key subset of suppliers to help them improve their human rights, labor and environmental performance, which includes biodiversity considerations. |
With a mission to preserve the world’s most treasured seascapes and landscapes, the Foundation’s grantmaking has focused on two main program areas: Responsible Mining and Coral Conservation. |
→ Incorporating biodiversity considerations into our material sourcing practices: For more information, please see the Sourcing of Other Materials and Our Stance on Coral and Ivory segments of Product; and the Packaging and Circularity, Wood and Paper Sourcing and The Bristol Bay Protection Pledge segments of Planet in... |
→ Nature-based solutions: Nature-based solutions are central to Tiffany & Co.’s strategy to protect biodiversity and empower communities, and also play a role in the reduction of greenhouse gas emissions towards achieving net-zero emissions across our entire value chain by 2040. |
As part of our climate strategy, we purchase our carbon offsets through the Chyulu Hills Conservation Trust project, which in part conserves critical habitat for elephants and lions. |
For more information, please see the Investing in Nature-based Solutions segment of Planet in the 2021 Sustainability Report. |
→ Biodiversity impact assessment: In focusing on our supply and operations. |
We expect to complete this assessment in to avoid and reduce our impact, then restore and regenerate natural ecosystems in our supply chain for our residual impact. |
→ Using our voice: As a company, we feel it is our responsibility to use the power of the Tiffany & Co. brand to lead powerful conversations about climate change and biodiversity. |
products, and services on biodiversity The Tiffany & Co. |
Beginning in 2017, we invested in an initiative to conserve and restore 4,000 square kilometers of critical forest ecosystem in Kenya’s Chyulu Hills. |
With its support for Conservation Lands Foundation over the last decade, The Tiffany & Co. Foundation has helped permanently protect nearly nine million acres of ecologically and culturally significant land in the United States. |
For non-regulated waste, please see the Packaging and Circularity segment of Planet in the 2021 Sustainability Report. |
We prioritize responsible waste management as part of our Social and Environmental Accountability Program, including waste-related standards in the Supplier Code of Conduct. |
Tiffany & Co. does not report on waste generation at this time but, as part of its key waste streams by 2025. |
For more information on the Company’s management approach to supplier environmental assessment, please see the Enacting Our Social and Environmental Accountability Program and Our Sourcing Policies and Guidance segments of Product in the 2021 Sustainability Report and the “Tiffany & Co. Supplier Code of Conduct,” “Tiff... |
environmental impacts and other areas through our Social and Environmental Accountability Program (SEA Program) see the Enacting Our Social and Environmental Sustainability Program segment of Product in the 2021 Sustainability Report. |
Tiffany & Co. requires that our suppliers share our commitment to human rights, fair and safe labor practices, environmental protection and ethical business conduct. |
We also expect suppliers to go beyond legal compliance and strive to meet internationally recognized standards for the advancement of human rights, business ethics and social and environmental responsibility. |
Through our Social and Environmental Accountability Program (SEA Program), we perform regular audits on a targeted subset of suppliers. |
OS&E management system requires each company operation to identify and evaluate potential employee safety impacts; conduct rigorous impact assessments; and control hazards by elimination, reduction, substitution, containment or other appropriate control mechanisms. |
Each Company operation works to verify the effectiveness of control mechanisms through a combination of physical testing, auditing and inspections; and taking steps to ensure employees understand hazards and potential impacts of their work activities. |
Prevention and mitigation of occupational health and safety impacts directly linked by business relationships Tiffany & Co. communicates its values, including around occupational health and safety, to third parties via its Supplier Code of Conduct and Supplier Code of Conduct Guidance. |
GRI 405 Management approach Our mission for Diversity, Equity and Inclusion (DEI) is to fully leverage the power of our people to make Tiffany & Co. |
To achieve this mission, we are building our efforts around the three pillars of our Diversity, Equity and Inclusion strategy: talent, culture and brand. |
Through our Social and Environmental Accountability Program (SEA Program), we perform regular audits on a targeted subset of suppliers to review performance on topics such as human rights, labor and environmental performance, including areas such as freedom of association and collective bargaining. |
Operations and suppliers in which the right to freedom of association and collective bargaining may be at risk Through our Social and Environmental Accountability Program (SEA Program), we perform regular audits on a targeted subset of suppliers. |
Tiffany & Co.’s human rights policy, which aligns with the UN Guiding Principles on Business and Human Rights as well as other international human rights laws and standards, outlines the key areas of potential human rights impacts across our business and outlines the Company’s approach to stakeholder engagement and gov... |
Through our Social and Environmental Accountability Program (SEA Program), we perform regular audits on a targeted subset of suppliers to review performance on topics such as human rights, labor and environmental performance, particularly focusing on a variety of areas including child labor, among others. |
Through our Social and Environmental Accountability Program (SEA Program), we perform regular audits on a targeted subset of suppliers to review performance on topics such as human rights, labor and environmental performance, including a variety of areas such as forced or compulsory labor. |
Operations and suppliers at significant risk for incidents of forced or compulsory labor Through our Social and Environmental Accountability Program (SEA Program), we perform regular audits on a targeted subset of suppliers. |
Tiffany & Co. continues to work with suppliers and through its participation in the Initiative for Responsible Mining Assurance (IRMA) to support broader industry change and help mitigate the social impacts of mining. |
For information on these efforts, please see the following in the → Our Responsible Mining Philosophy segment of Product → Investing in Nature-based Solutions segment of Planet → Supporting National Conservation Lands segment of Planet 411-1 Incidents of violations involving rights of indigenous peoples Through our Soc... |
Tiffany & Co. requires that our suppliers fully comply with all applicable laws, rules and regulations, as well as Tiffany & Co.’s requirements regarding human rights, fair and safe labor standards, environmental protection and ethical business conduct set forth in our Supplier Code of Conduct. |
We also expect suppliers to go beyond legal compliance and strive to meet internationally recognized standards for the advancement of human rights, business ethics, and social and environmental responsibility. |
human rights, labor and environmental performance, including a variety of areas such as forced or compulsory labor. |
For more information on Tiffany & Co.’s management approach to supplier social assessment, please see the following: → Enacting Our Social and Environmental Accountability Program segment of Product in the → Our Sourcing Policies and Guidance segment of Product in the 2021 Sustainability Report → Tiffany & Co. Supplier... |
Environmental Accountability Program segment of Product in the 2021 Sustainability Report. |
In addition, we periodically join with other business voices in statements supporting actions that we believe are in the best interest of our business, on issues ranging from climate change and biodiversity to equality and inclusion. |
For more information on our public policy work, please see the Diversity, Equity and Inclusion segment of People and The Bristol Bay Protection Pledge segment of Planet in the 2021 Sustainability Report. |
→ establishing product manufacturing standards, including safety policy → performing technical testing and assaying → performing technical research → sharing technical information and manufacturing solutions with vendors and suppliers, as appropriate → reviewing new product samples for compliance to all standards → exa... |
In sustainability initiatives for businesses committed to aligning their strategies and operations with 10 principles in the areas of human rights, labor standards, environment and anticorruption. |
Within the Company, we prioritize diversity, equity and inclusion by welcoming the unique identities, expressions, ideas, abilities and cultures from our employees around the world. |
The Company’s Social and Environmental Accountability Program evaluates suppliers to better protect human rights in our supply chain. |
Through its Social and Environmental Accountability Program, Tiffany & Co. upholds standards in social and environmental responsibility by working with a key subset of suppliers to help them improve their human rights, labor and environmental performance. |
ENVIRONMENT Businesses should support a precautionary approach to environmental challenges. |
At the Company’s core is a commitment to preserve, protect and responsibly manage the environment on which we rely for our long-term success. |
In line with the Company’s we have launched a series of environmental commitments in the areas of net-zero GHG emissions, sustainable buildings, and packaging and circularity. |
These commitments go beyond our core operations in an effort to better understand and mitigate environmental challenges throughout our supply chain. |
The Company promotes environmental responsibility by leveraging the Tiffany & Co. brand and advocates for policies around the world to help tackle the climate crisis. |
The Company also actively participates in industry-wide collaborative efforts to protect against environmental damage across the supply chain, raises awareness of risks associated with mining in ecologically sensitive areas and directly sources raw precious metals from mines we know and recycled sources. |
Foundation’s support of scientific research, conservation and multi-stakeholder collaboration to promote environmentally responsible standards in mining operations. |
In addition to addressing the impacts of mining, we regularly look to reduce our environmental footprint in other ways—from using recycled and Forest Stewardship Council®-certified paper to reducing our greenhouse gas emissions. |
Responsible Purchasing Policy.” Businesses should undertake initiatives to promote greater environmental responsibility. |
“forward-looking statements” concerning Tiffany & Co.’s goals, plans and projections with respect to corporate responsibility, sustainability, employees, environmental matters, policy, procurement and business risks and opportunities. |
Responsible Jewellery Council (RJC) Responsible Mining Philanthropy Responsibly Sourced Materials Our Sourcing Policies and Guidance Sourcing our Diamonds Precious Metals Sourcing Addressing Conflict Minerals Sourcing of Colored Gemstones Sourcing of Other Materials Our Legacy of Craftsmanship The Importance ... |
Service quality, privacy and information security ENVIRONMENTAL MANAGEMENT AND COMBATTING CLIMATE CHANGE 5.1. |
Excellence in environmental management driven by our roots 5.2. |
Circular economy and waste management CULTURE, EXCELLENCE, EQUALITY Y DIVERSITY 6.1. |
Committed to a digital and sustainable society In the current uncertain and changing pandemic environment, it is impossible for the presentation of this Euskaltel Group Sustainability Report to overlook the most important factor determining our lives and our economic activity, which came into effect on state of emergen... |
Once again, we have renewed our membership of the Global Compact, sharing the need to incorporate the ten universal principles related to human rights, work, the environment and anti-corruption. |
This year, our commitment to sustainability has been realised through our membership of the European Green Recovery Alliance, standing alongside other companies, institutions, NGOs, well-known public and private sector figures, as well as everyday citizens, to support a greener, more prosperous, healthy and sustainable... |
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