Tiffany & Co. has strict protocols for the sourcing of gemstones. Tiffany & Co. currently sells over 100 varieties of gemstones in relatively small quantities as compared to the quantities of diamonds the Company sells. Due to the highly fragmented and complex nature of the gemstone industry, traceability levels are not the same for gemstones as they are for diamonds and precious metals.
Tiffany & Co. continuously reviews our supply chain
to attempt to find ways to achieve greater
transparency and better assure responsible sourcing.
Rubies are among the world’s most desirable gemstones and many of the finest specimens are mined in Burma (Myanmar). In 2003, the United States enacted the Burmese Freedom and Democracy Act in response to that nation’s human rights violations, forbidding the importation of products from Burma, including jadeite and rubies. In 2008, the passage of the Tom Lantos Block Burmese Junta’s Anti-Democratic Efforts (JADE) Act strengthened this prohibition and closed a major loophole in the previous law that had permitted the importation of Burmese rubies and jadeite if they were cut and polished in other countries.
Tiffany & Co. is one of the few retail jewelers that has long respected both the letter and the spirit of the 2003 Act. Since that time, Tiffany & Co. has refused to buy gemstones that we can reasonably identify as being of Burmese origin, regardless of where the gems are cut or polished. While the U.S. government has recently relaxed the ban on most imports from Burma, prohibitions on the importation of jadeite and rubies from Burma remain in effect.