Image credit: GOLDWELT

GOLDWELT

Rated: It's a start

price:
$$$$

location: Austria

GOLDWELT does not communicate sufficient information about its environmental and labour policies.

GOLDWELT sustainability rating

Planet

3 out of 5

People

2 out of 5

Animals

Not applicable

Overall rating: It's a start

Our ratings are based on a scale from 1 (We avoid) to 5 (Great) How we rate


Our “Planet” rating evaluates brands based on the environmental policies in their supply chains, from carbon emissions and wastewater to business models and product circularity. Here we rate GOLDWELT “It’s a Start”. These are a few factors influencing its score:

  • It uses some lower-impact materials including recycled materials.
  • It produces long-lasting products.
  • It uses some recycled packaging.
  • There’s no evidence it’s taking meaningful action to reduce water use.

Workers’ rights are central to our “People” rating, which assess brands’ policies and practices on everything from child labour to living wages and gender equality. Here we rate GOLDWELT “Not Good Enough”. These are a few factors influencing its score:

  • Some of its final production stage is certified by Responsible Jewellery Council.
  • It partly traces its supply chain including all of the final production stage.
  • There's no evidence it has a Code of Conduct but it has a formal statement covering workers rights.
  • There’s no evidence it ensures workers are paid living wages in its supply chain.

Brands’ animal welfare policies and, where applicable, how well they trace their animal-derived products are the focus of our “Animals” rating. Since GOLDWELT makes products that are generally free of animal-derived materials other than pearls, we’ve not rated its impact on animals. Its overall rating is based on its combined environment and labour scores.

Based on all publicly available information we’ve reviewed, we rate GOLDWELT “It’s a Start” overall.

Last updated August 2023