Tiffany & Co. 2024 Sustainability Report

Inspired by our love for the planet and a better tomorrow, we put sustainability at the heart of everything we do. With a 188-year heritage, it is our responsibility to be the leader of sustainable luxury. In 2024, Tiffany & Co. made significant strides in sustainability, reflecting our commitment to environmental and social responsibility as aligned with LVMH’s Life 360 environmental goals and the 2025 CSR Roadmap.

At Tiffany & Co., sustainability drives us to innovate and implement eco-friendly practices across our operations. From responsibly sourcing materials to reducing our carbon footprint, supporting ocean conservation and fostering an inclusive culture, we strive to create a positive impact on the environment and on the communities we serve.

Explore our journey toward a more sustainable future as we highlight our 2024 achievements and what inspires our love for the planet and a better tomorrow.*

*The content of this sustainability report is focused on fiscal year 2024 (January 1, 2024–December 31, 2024).

Tiffany & Co. successfully achieved 99.99% traceability of newly sourced, individually registered diamonds to mine of origin or a supplier’s set of approved mines. We have 100% traceability
of our colored gemstones to their country of origin.

Tiffany & Co. led the LVMH Watches & Jewelry Responsible Diamond Committee in drafting and implementing the LVMH Source Warranty Protocol for Diamonds, a best-in-class sourcing policy. In addition to our rigorous sourcing protocol, Tiffany & Co. aligns to the Responsible Jewellery Council (RJC) Code of Practices standard, with 99% of our diamond suppliers and 96% of our gold suppliers certified across our tier-one.

Tiffany & Co. is proud to employ over 3,000 skilled artisans at our facilities, who are trained with best-in-class practices of cutting and polishing rough diamonds and revealing the radiance and beauty of each stone. We celebrate savoir faire and support our local communities by implementing the gold standard in living wage in areas where we source, operate and craft our remarkable jewelry. Our commitment to quality is augmented with respect for our natural world and artisans throughout our supply chains.

Over 99% of our employees across all five of our global workshops were hired locally, reflecting our belief in the importance of hiring and training individuals from the communities where we operate. Investing in our global workshops reinforces our commitment to traceability and transparency, ensuring that our operations are sustainable and beneficial to the communities we serve.

In April 2024, The Landmark achieved Leadership in Energy and Environmental Design (LEED) Gold Certification status, a mark of excellence in sustainable building practices and a commitment to creating a better environment for current and future generations. We are dedicated to ensuring that our retail, manufacturing, distribution and office spaces integrate sustainable building and design principles to minimize our GHG footprint in support of our net-zero goal.

Tiffany & Co. transferred all daily products between our New Jersey distribution center and The Landmark using 100% electric hybrid vehicles. We are focused on reducing the total distance traveled and moving toward lower-emission travel options such as the use of electric vehicles and sustainable fuels.

Tiffany & Co. partnered with key suppliers on reducing emissions, with approximately 13% of key suppliers committed to a public climate target. We are focused on supporting our suppliers on their climate journeys to reduce the emissions associated with the products and services we procure. This is essential in mitigating climate risk within our supply chain and reducing Tiffany & Co.’s supply chain (Scope 3) footprint.

The Tiffany & Co. Changi Airport and Cancun boutiques reopened with a unique coral façade created with 3D-printed ocean-bound plastics that highlight the beauty of corals specific to each region. These storefronts demonstrate how Tiffany & Co. is inspired by the beauty of the natural world. In 2024, the façades, designed by Aectual, were honored with the LVMH Innovation Award for Sustainability and Greentech. This prestigious award recognizes initiatives that exhibit exceptional innovation in minimizing environmental impact, promoting sustainability and advancing green technologies.

Inspired by Tiffany & Co.’s love for a better tomorrow, employees across the globe celebrated World Oceans Month with beach cleanups through Tiffany Cares in New York City, Miami and Sydney. We energize employees across the world to raise awareness and appreciation of our local environments and are committed to preserving the natural beauty of our local waters.

To continue our excellence in design innovation, the House launched the inaugural Tiffany & Co. x CFDA Jewelry Designer Award. Celebrating Tiffany Atrium’s commitment to driving inclusivity in the design industry, the award marked a first-of-its-kind opportunity for American jewelry designers to learn from one of the world’s most celebrated houses, renowned for its legacy of inventive artistry. In 2025, the House awarded jewelry designer Jameel Mohammed with a USD $50,000 award and a one-year fellowship in the Tiffany & Co. Design Department.

Tiffany & Co. launched My Tiffany, a global well-being program offering enhanced resources for employees’ physical, financial, mental and emotional health, with the goal of providing a holistic, personalized and equitable well-being experience for employees at every life stage. Tiffany & Co. won the 2024 Health at Work Award from ComPsych for “Innovation Integration” for My Tiffany’s holistic approach to employee well-being.

We believe a successful company has a responsibility to the community. We proudly support nonprofits and our employee-driven program, Tiffany Cares. In 2024, Tiffany Cares donated nearly USD $300,000 to 545 causes worldwide, with over 400 employees volunteering more than 2,000 hours. In 2024, Tiffany Cares expanded to Mexico and Brazil.

At Tiffany, we are committed to disability inclusion. Our mission is to inspire an environment that drives innovation and values the success of employees with apparent and non-apparent disabilities. In 2024, we were recognized as the Best Place to Work for People with Disabilities in the U.S. by Disability:IN. People with disabilities represent over 15% of the Tiffany & Co. Distribution Center employee population in New Jersey.

Through Tiffany Atrium, the House’s social impact platform, we host cultural conversations throughout the year with artists in our stores to build authentic connections through the shared language of creativity and discovery. In 2024, Tiffany commissioned Nina Chanel Abney to create a unique painting to reside in our Chicago store, celebrating the artist’s hometown and supporting Tiffany Atrium’s mission to provide access and opportunities to underrepresented communities in the arts.