Tiffany & Co., often referred to simply as Tiffany, is a prestigious American luxury jewellery and specialty retailer headquartered in New York City, US. Founded in 1837, the company has established itself as a leader in the fine jewellery industry, renowned for its exquisite diamond engagement rings and iconic blue boxes.
With a rich heritage marked by key milestones, including the introduction of the Tiffany Setting in 1886, Tiffany & Co. has consistently set the standard for quality and craftsmanship. The brand's core offerings encompass a wide range of products, including sterling silver, watches, and home accessories, all distinguished by their timeless elegance and superior artistry.
As a market leader, Tiffany & Co. is celebrated for its commitment to ethical sourcing and sustainability, further enhancing its reputation as a symbol of luxury and sophistication.
+24 vs industry average
Tiffany And Co’s score of 59 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2025
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tiffany And Co's reported carbon emissions
In 2022, Tiffany & Co. reported total greenhouse gas emissions of approximately 423,000,000 kg CO2e, comprising 2,926,000 kg CO2e from Scope 1, 5,524,000 kg CO2e from Scope 2, and 418,850,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 70% reduction in Scope 1 and 2 emissions and a 40% reduction in Scope 3 emissions by 2030, using 2019 as the baseline. As of 2022, Tiffany & Co. has achieved a 33% reduction in both Scope 1, 2, and 3 emissions, indicating progress towards these targets. Looking ahead, Tiffany & Co. is committed to reaching net-zero greenhouse gas emissions across its entire value chain by 2040, with a long-term goal of reducing total emissions (Scope 1, 2, and 3) by 90% from the 2019 baseline. This commitment aligns with the Science Based Targets initiative (SBTi) and reflects the company's dedication to sustainable practices within the luxury goods sector. The emissions data is cascaded from its parent company, LVMH Moët Hennessy - Louis Vuitton, Société Européenne, indicating a corporate family relationship that supports these sustainability efforts.
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Tiffany And Co’s Climate Goals (2030 & 2050)
1 goal2030
70% reduction in all scopes
By 2030, Tiffany & Co. pledges to reduce Scope 1 and 2 emissions 70% against a 2019 baseline. Tiffany & Co. has also committed to reducing S…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
Inherited from LVMH Moët Hennessy - Louis Vuitton, Société EuropéenneRE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Tiffany And Co’s sustainability data and climate commitments
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