Tiffany & Co

Purchasers

The EV revolution will take batteries, but are they ethical?

21 January 2020By

Up-and-coming IRMA positions itself as the most rigorous third-party mining standard to emerge. . . Microsoft, Tiffany and Anglo American are already IRMA members; BMW is the first carmaker to sign up.

Adria Vasil, Corporate Knights

 

“. . .The EV revolution has been racking up a whole supply chain of trouble around the globe (including a recent lawsuit) related to an onslaught of often-contentious new mines opening to meet surging battery-metal demand, not to mention the coming tide of e-waste from old batteries.

If we want to fix this before e-cars take over the roads (30% of car sales should be electric across the EU and North America by 2030, analysts forecast), the time to ensure it’s done right is now. A handful of companies are trying to get out ahead of looming environmental and social risks. . .”

 

Read the full Corporate Knights article >

Photo credit: Lithium mines in Chile, Open Commons.

READ MORE
Purchasers

Tiffany brand launches new diamond sourcing initiative

21 January 2019By

Tiffany & Co, an IRMA founding member, to share diamond provenance with customers.

Leading American jeweler Tiffany & Co. announced a new initiative Wednesday to ensure transparency in its diamond sourcing. “Tiffany & Co. will begin sharing with our customers the provenance, meaning region or countries of origin, of our newly sourced, individually registered diamonds – a significant step for diamond transparency,” said CEO Alessandro Bogliolo, as the company launched the Diamond Source Initiative.

. . . Each Tiffany diamond is engraved with a tiny, invisible serial number using a laser. That helps to make it unique and traceable to each owner.

Andy Hart, the company’s vice president of diamond and jewelry supply, says the best way to ensure responsible sourcing is to know where a diamond came from.

. . . “We were early supporters of the Kimberley Process and helped found the Initiative for Responsible Mining Assurance (IRMA), an organization making significant strides in establishing global mining standards.”

Read full article >

READ MORE