Tiffany & Co. strives for a responsible and sustainable supply chain.
Our commitment to sustainability 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 & Co. has a supply chain auditing program. This program 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 & Co. Vendor Code of Conduct as well as local and international labor laws and regulations.
When a vendor fails to meet Tiffany & Co. requirements, every effort is made to work with such vendor to implement corrective action. If the vendor continues to fail to meet our requirements, the relationship may be terminated.
Tiffany & Co. 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 & Co.’s Social Accountability Program and 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 SUSTAINABILITY REPORT (PDF)