Tiffany & Co. strives for a responsible and sustainable supply chain.
Our commitment to corporate responsibility extends to ensuring that our jewelry is crafted—and our precious materials
procured—in a responsible and sustainable manner. All Tiffany & Co. suppliers are expected, at a minimum, to conduct business
in an ethical manner and to comply with applicable laws and regulations.
Our multidimensional Social Accountability Program allows us to better ensure that our suppliers protect basic human rights
wherever they operate around the world. We monitor our suppliers’ performance on a wide variety of factors ranging from safety
and employment practices to environmental performance through our Vendor Code of Conduct, vendor self-assessments and on-site
audits. The Vendor Code of Conduct communicates our values and expectations for our business partners. The Social Accountability
Program helps to further ensure that vendors providing Tiffany with finished goods, components, leather, polished diamonds and
packaging materials are held to the exacting standards that Tiffany & Co. is proud to uphold.
California Transparency in Supply Chains Act (SB657)
As referenced above, Tiffany has a supply chain auditing program which addresses the risks of human trafficking and slavery for
suppliers in the Social Accountability Program. Our audits are conducted both internally and by a third party. Third-party
verification is required of all of our high-risk suppliers in the Social Accountability Program, determined by a review of the
vendor’s self-assessment, industry and geographic location.
Audits are conducted to evaluate compliance with the Tiffany Vendor Code of Conduct as well as local and international labor laws and regulations.
If a nonconformance is found, we have a corrective actions process to resolve the nonconformance. If nonconformances persist, Tiffany ceases to do business with the supplier.
Tiffany supply chain management has received training on our Social Accountability Program, which includes mitigating risks of
human trafficking and slavery within our supply chain. We require all employees who work on supply chain management to understand
Tiffany’s Social Accountability Program and Tiffany’s Vendor Code of Conduct. As with all alleged violations of policy, employees
are trained to investigate issues and take appropriate action up to and including terminating agreements with vendors who have
demonstrated egregious or uncorrected material violations.
READ MORE IN OUR CSR REPORT (PDF)