Tiffany’s own facilities—spanning diamond cutting and polishing, jewelry
crafting and distribution—are operated at the highest standards in the industry.
No less rigorous are the standards we use to evaluate our vendors and suppliers.
We have established a multidimensional Social Accountability Program that
includes comprehensive guidelines on the manufacture of the materials we use,
all designed to ensure that our vendors and suppliers are held to the same
exacting standards that we are proud to uphold.

Tiffany’s corporate goal is to make certain that at least 90% of the paper used
in our packaging materials and catalogues is certified to the standards of the
Forest Stewardship Council (FSC). The FSC promotes environmentally and socially
responsible management of the world’s forests. The FSC evaluates both forest
management activities (forest certification) and tracking of forest products through
factories to the marketplace (chain-of-custody certification). FSC certification
assures that wood and paper products come from renewable and well-managed
resources. We also are proud to have partnered in the development of a new
grade of FSC-certified paper that contains 30% post-consumer waste content.
This paper will be used to print our seasonal Selections® catalogues.

Tiffany is committed to doing its part to address the crises of global warming
by focusing on energy conservation. To that end, in 2007 Tiffany signed on to the
United States Environmental Protection Agency’s Climate Leaders program, an
industry-governmental partnership that works to develop comprehensive climate
change strategies. Tiffany & Co. is committed to understanding and reducing
our impact on the global environment by completing a company-wide inventory of
our greenhouse gas emissions based on a quality management system, setting
aggressive reduction goals and annually reporting our progress. In 2006 we installed
two very large solar power systems in our distribution facilities in New Jersey to
replace carbon fuel-generated power. The installations generate approximately 1.4
megawatts annually, which represents 35% of the electricity needs of the facilities.

Since 2006, Tiffany has been a responding company to the Carbon Disclosure
Project (CDP), which gathers information on the business risks and opportunities
presented by climate change as well as greenhouse gas emissions data from the world’s
largest companies. The CDP has become the leading standard for carbon disclosure
methodology and process and its Web site is the largest repository of corporate
greenhouse gas emissions data in the world.