Climate Target

In 2023, Tiffany & Co. became the first luxury jeweler to receive approval from the Science Based Targets initiative (SBTi) on its 2040 net-zero emissions target and has set a 2030 near-term GHG reduction target across Scope 1, 2 and 3.

In 2025, Tiffany & Co. recalculated our 2019 base year to account for the acquisition of Platinum Invest Group and other methodological advancements. For additional climate data and SBTi reporting please see the Impact Reporting 2025 Supplement to Tiffany & Co.’s 2025 Sustainability Report.

Tiffany & Co. calculates its annual emissions data with the support of a third-party consulting firm and sustainability software, making every reasonable effort to align to the GHG Protocol methodology and SBTi requirements. Data for calendar year 2025 was collected and reviewed for accuracy and completeness through March 31, 2026. When direct data is not available, Tiffany & Co. leverages established estimation methodologies including industry averages and historical site-specific Tiffany & Co. data. Given variability in data collection timelines and emissions calculation methodology, readers may observe variations in LVMH’s reporting of Maison climate impact.

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Gold Standard Practices in Our Stores

In August 2025, our flagship store in Madrid achieved Leadership in Energy and Environmental Design (LEED) Platinum, the highest level of recognition within the LEED international standard. This marks a pillar of excellence in sustainable building practices and a commitment to creating a better environment for current and future generations.

83

Total number of LEED-certified sites

Tiffany & Co. achieved Gold certification at several key stores in 2025, including Miami, Bangkok and Palo Alto, increasing the total number of LEED-certified sites to 83. 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.

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Advancing Renewable Electricity at Our Manufacturing Sites

In 2025, LVMH hosted the inaugural LVMH LIFE 360 Awards, an internal program for LVMH Maisons to showcase their most innovative initiatives advancing the group’s ambitious LIFE 360 environmental strategy. Tiffany & Co. was awarded the first place Gold Award for Climate Scope 1 and 2 for the solar PV installation at our Laurelton Diamond Center in Botswana that has the capacity to support 100% of the facility’s annual electricity needs as well as at our jewelry manufacturing site in Lexington, Kentucky, where the system can support one-third of the facility’s electricity use.

Building on this success, Tiffany & Co. will launch a new community solar project in Botswana in 2026, aiming to provide over 1,000 people with reliable electricity and fresh water.

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Transporting Our Products Sustainably

Tiffany & Co. is committed to reducing the emissions from the transportation of our products across our supply chain. Our strategy is focused on reducing the total distance traveled and moving toward lower-emission travel options to ensure our clients around the world can receive Tiffany & Co. products with a minimal carbon footprint.

In 2025, we boosted our investment in alternative vehicles across our distribution network, now deploying dedicated electric and hybrid vehicles for 100% of our local deliveries in New York and London made via armored carriers and our own delivery vans. Tiffany & Co. continued its shipment consolidation program following the success in the Northeast and Miami, deploying a new consolidation route in Singapore that handles product replenishments from its Regional Distribution Center, twice-daily store transfers and repair pickups.

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A Green Future for Our Blue Box^® Packaging

Tiffany & Co.’s commitment to circularity is reflected in our iconic packaging, where we strive to sustainably source our materials, maximize recycled as well as recyclable content and eliminate plastics. As an iconic symbol of the brand, Tiffany Blue Boxes® 
are designed with longevity and sustainability in mind.

100%

recycled content used for nearly all corrugated cardboard.

100%

recycled paper used in all newly designed Blue Boxes® and bags.

Our Blue Boxes®, bags and corrugated materials are 100% FSC®-certified, ensuring that their materials come from responsibly managed forests. In 2025, there was over 81% recycled content across all paper-based packaging, with 100% recycled content used for nearly all corrugated cardboard. Further reflecting our love for the planet in 2025 our Blue Boxes® and bags were redesigned for the next generation of packaging to be crafted with 100% recycled paper. All Tiffany & Co. packaging also contains fully recyclable paper; and our newly designed Tiffany Blue bags are now labeled with recycling instructions for clients.

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Partnership Within Our Supply Chains

Tiffany & Co. partnered with key suppliers to identify impactful emissions reduction initiatives, resulting in 100% of our jewelry finished goods suppliers committing to 100% renewable electricity for their operations by 2030. 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.