Tiffany & Co.

Tiffany & Co. is owned by LVMH.

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 Tiffany & Co. “Good”. These are a few factors influencing its score:

• It uses some lower-impact materials including recycled materials.
• It’s eliminated some hazardous chemicals but has not made a commitment to eliminate all hazardous chemicals in manufacturing.
• It produces long-lasting products.
• It’s set a science based target to reduce greenhouse gas emissions in both its direct operations and supply chain, and it claims it’s on track.

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 Tiffany & Co. “Not Good Enough”. These are a few factors influencing its score:

• None of its supply chain is certified by crucial labour standards that help ensure worker health and safety, living wages, and other rights.
• There’s no evidence it provides financial security to its suppliers, which can result in poor working conditions and wages.
• The brand claims to audit some of its supply chain but doesn’t specify what percentage.
• Its Code of Conduct covers ILO Four Fundamental Freedoms principles.
• It has an external grievance mechanism for workers in its supply chain to anonymously report concerns like harassment and unpaid wages.
• There’s no evidence it ensures workers are paid living wages in its supply chain.
• During the height of the COVID-19 pandemic, it did not disclose adequate policies or safeguards to protect workers in its supply chain from the virus.

Brands’ animal welfare policies and, where applicable, how well they trace their animal-derived products are the focus of our “Animals” rating. Here we rate Tiffany & Co. “Not Good Enough”. These are a few factors influencing its score:

• It has a formal policy aligned with the Five Freedoms of animal welfare but no clear implementation mechanisms in place.
• It appears to use leather, wool, exotic animal hair, and exotic animal skin.
• It doesn't appear to use down, angora, or fur.
• There’s no evidence it traces any animal-derived materials to the first production stage.

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