Carbon Footprint — Operations: How does Tiffany & Co. score?

DitchCarbon and Tiffany's own 2022 Sustainability Report data (referenced in press releases and third-party aggregators) show Scope 1 of approximately 2,926 tCO2e and Scope 2 of approximately 5,524 tCO2e for FY2022. Tiffany reports annually and claims GHG Protocol methodology alignment. However, the 2024 Sustainability Report (covering FY2024) does not publish updated granular Scope 1/2 figures with independent third-party limited assurance confirmation in what is publicly accessible from search

Carbon Footprint — Supply Chain: How does Tiffany & Co. score?

Tiffany reports Scope 3 emissions of approximately 418,850 tCO2e (FY2022), representing the vast majority of its total footprint — driven by mining and processing of precious metals and diamonds. The 2024 Sustainability Report references supplier engagement but notes only approximately 13% of key suppliers are committed to a public climate target, indicating supply chain decarbonisation remains nascent. Scope 3 categories are not all quantified with full methodology disclosed publicly. Partial c

Emissions Trajectory: How does Tiffany & Co. score?

Tiffany's own press releases confirm a 33% absolute reduction in both Scope 1 and 2 and Scope 3 emissions in FY2022 versus the 2019 baseline, and the company stated in mid-2023 it was on track to meet its near-term 2030 targets. The targets are absolute (not intensity-based), which is the correct approach. However, the 2024 Sustainability Report does not publish updated absolute emissions figures for FY2023 or FY2024 in publicly accessible form, meaning verified multi-year continuation of the re

Energy Source: How does Tiffany & Co. score?

As of 2023, Tiffany sourced 91% of global electricity from clean, renewable sources including on-site solar at five locations (Dominican Republic, Cambodia, Rhode Island, two New Jersey facilities) and Renewable Electricity Credits (RECs) across 25+ countries. The 2022 commitment to reach 100% renewable electricity by 2030 is in place. The heavy reliance on unbundled RECs for global coverage (rather than additionality-generating PPAs or on-site generation at all sites) is a quality concern that

Nature & Biodiversity Impact: How does Tiffany & Co. score?

Tiffany has material nature risk via its mining-linked supply chain — diamond and precious metals extraction causes ecosystem disruption, land erosion, and habitat loss. The company has a meaningful conservation philanthropy record: $6.5M to The Nature Conservancy supporting conservation in PNG, Borneo, Belize, Alaska, and the Caribbean; support for 30+ marine protected areas covering 13M+ km²; ceased coral sourcing. However, there is no TNFD-aligned disclosure, no quantified biodiversity footpr

Resource Use & Waste: How does Tiffany & Co. score?

The 2024 Sustainability Report notes Tiffany Blue Boxes and bags are made of more than 76% recycled content (up from 65% in 2022), packaging is recyclable, and the company is moving toward eliminating plastic from packaging. All-electric hybrid vehicle use for NJ-to-Landmark distribution is noted. The company produces durable, long-lasting products by design — a genuine circularity benefit. However, no public aggregate materials data breakdown is published (noted by Good On You 2026 assessment),

Water Impact: How does Tiffany & Co. score?

No water consumption data, water footprint quantification, or water reduction targets were found in publicly accessible 2022–2024 sources. The 2024 Sustainability Report references ocean conservation philanthropy but does not disclose operational water use figures. Tiffany has manufacturing operations (diamond polishing, jewelry production) and retail stores that consume water, though the company's direct operational water use is relatively modest compared to agriculture or chemicals. The notabl

Targets & Commitments: How does Tiffany & Co. score?

Tiffany holds SBTi-validated near-term targets (Scope 1+2: -70% by 2030; Scope 3: -40% by 2030 vs. 2019 baseline) and a SBTi-validated net-zero target (90% reduction across all scopes by 2040), making it the first luxury jeweler to achieve this validation (announced June 2023). Targets are absolute, not intensity-based. The 10% residual emissions are planned to be neutralised via high-quality carbon removals through nature-based solutions. The reduction-first approach is evident, though the plan

Transparency & Accountability: How does Tiffany & Co. score?

Tiffany publishes annual sustainability reports (2024 report covers FY2024, released 2025) aligned with GRI and UNGC frameworks, with 10+ years of consistent reporting. The company is owned by LVMH and reports within LVMH's Life 360 CSR framework with board-level oversight. Diamond traceability at near-100% for registered diamonds of 0.18ct+ is publicly disclosed. However, aggregate materials breakdown is not published, water data is absent, third-party limited assurance on GHG data in the most

Controversies & Red Flags: How does Tiffany & Co. score?

No upheld regulatory actions, greenwashing rulings, or significant environmental fines were found for Tiffany & Co. in the 2022–2024 period. No InfluenceMap entry was found for Tiffany specifically, and no evidence of active climate lobbying against policy. The company has a history of proactive environmental advocacy including opposition to the Pebble Mine project (Alaska) and Rock Creek Mine (Montana). A TRT World article alleged a historic supply link to BSG Resources (associated with Steinme

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Tiffany & Co. Sustainability Score: 55/100

◌ Pending Review

💍 Retail (non-fashion)USMaking progress

~14,000 employees~$4.2B revenue427Kt CO₂e totalRanked #37 of 503Website ↗

Tiffany & Co. is a retail (non-fashion) company headquartered in US with total reported emissions of 427Kt CO₂e per year. Based on our 10-question rubric, Tiffany & Co. scores 55/100 — rated as making progress on sustainability but with room to improve.

SINK Score Breakdown

How we calculated Tiffany & Co.'s score using our formula: (0.3 × Base + 0.7 × Performance) × Scale Penalty

Base Impact

Retail (non-fashion) industry ceiling

Performance

58/100

10 questions scored below

Scale Penalty

emissions volume multiplier

SINK Score

(0.3 × 48 + 0.7 × 58) × 1 = 55

Emissions Breakdown

Scope 1

3Kt

Direct emissions

Scope 2

6Kt

Energy (purchased)

Scope 3

419Kt

Value chain

Total

427Kt

CO₂e per year

10-Question Rubric Breakdown

Click any question to see the reasoning, sources and community challenges.

6/10

Carbon Footprint — Operations

5/10

Carbon Footprint — Supply Chain

6/10

Emissions Trajectory

7/10

Energy Source

5/10

Nature & Biodiversity Impact

5/10

Resource Use & Waste

3/10

Water Impact

8/10

Targets & Commitments

6/10

Transparency & Accountability

Q10

7/10

Controversies & Red Flags

Community Verification

0 verifications · 0 challenges · Scored using SINK editorial review

Last scored: 9 Apr 2026

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