Tiffany And Co
Tiffany & Co., often referred to simply as Tiffany, is a prestigious American luxury jewellery and specialty retailer headquartered in New York City. 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 strong presence in North America, Europe, and Asia, Tiffany operates numerous boutiques worldwide, catering to a discerning clientele. The brand is celebrated for its craftsmanship and timeless designs, offering a range of products that includes sterling silver, gold, and platinum jewellery, as well as watches and home accessories. Tiffany's commitment to quality and innovation has solidified its market position, making it a symbol of elegance and sophistication. Notable achievements include its role in popularising the engagement ring and its enduring legacy as a cultural icon.
DitchCarbon Score
How does Tiffany And Co's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tiffany And Co's score of 48 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tiffany And Co's reported carbon emissions
In 2022, Tiffany & Co. reported carbon emissions of approximately 2.93 million tonnes CO2e for Scope 1 and 5.52 million tonnes CO2e for Scope 2, while Scope 3 emissions were significantly higher at about 418.85 million tonnes CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas (GHG) emissions across its entire value chain by FY2040, using FY2019 as the baseline year. To achieve this, Tiffany & Co. has established near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 70% by FY2030, and Scope 3 emissions by 40% within the same timeframe. Furthermore, the long-term goal is to cut absolute emissions across all scopes (1, 2, and 3) by 90% by FY2040. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change effectively.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,556,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 40,750,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | - | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tiffany And Co is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
