Tiffany and Co.

Go to the GRI database on completed reports and choose 3 examples to skim.  After skimming all 3, choose just one and write down 10 interesting/notable features.  These should be BULLET POINTS - don't need long sentences/paragraphs as we will discuss in groups in class.  Please note the Page Number of the report where you found the item of interest.  And also feel free to save the report and insert comments/notes into it.  Include these 10 Bullet Points in the WORD file, however PRINT THIS PAGE AND BRING TO CLASS (we will share - and I might have you put it on the document projector so all students can see).

Tiffany and Co, 2014 Sustainability Report

1. Diamond mining sites are in Canada, Namibia, Botswana, Australia, and Russia, while metal mining is primarily in the United States.  (14)
2. Tiffany and Co specifically avoids mining in World Heritage Sites, International Union of Conservation of Nature protected sites, Alliance for Zero Extinction Sites, or Key Biodiversity Areas.  (14)
3. Tiffany and Co has the subsidiary Laurelton Diamonds, which was integrated into the company in 2002.  100% of their diamonds are traceable to a known mine or known supplier with known mines.  (19-20)
4. The company attempts to maintain fare wages, although it is interesting to note that many of the primary diamond cutting and polishing sites are not the same as the mining sites.  The polishing and cutting sites are in Belgium, Botswana, Namibia, Mauritius, Vietnam, and Cambodia.  (23)
5. 99% of previous metals used in their products are traceable to a known mine or are recycled.
6. Interestingly, no data is given regarding the tracking of precious gemstones.  Tiffany and Co themselves acknowledge the difficulty of tracking gemstones are opposed to diamonds.  (25)
7. The classic Tiffany Blue Box is currently 89% made from recycled materials, with a goal to eventually be Forest Stewardship Council 100% approved recycled materials.  (35-36)
8. The company has plans to reduce greenhouse gas emissions by 15% by 2020, although at this current time are improvements in retail lighting and heating/ventilation.  Nothing is stated regarding their suppliers at this time.  (48-50)
9. Regarding their global workforce, Tiffany and Co employs 68% female overall, but with regards to vice presidential and above positions, it is only 41% female.  (55)
10. The incidence rate of workplace injuries has declined from 3.1 incidents per 100 employee to 2.21 incidents per 100 employees, with the goal of 1 incident per 100 employees by 2016.  However, this data only incorporates United States employees and employees from other countries.  (59)