Tiffany's target date for long-term climate goal
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Tiffany & Co has pledged to achieve net-zero greenhouse gas emissions by 2050, joining other leading companies in setting long-term climate change goals - and asking world leaders to do the same.
As part of an initiative organised by The B Team, a not-for-profit coalition of global business leaders, Tiffany & Co joined the signing of an open letter to Heads of State that emphasises the importance of a long-term climate goal and highlights the bold actions of the private sector.
“As a global iconic brand and leader in a sustainable luxury, Tiffany is proud to join other responsible businesses in pledging net-zero greenhouse emissions by 2050,” said Frederic Cumenal, CEO of Tiffany & Co.
“This continues our commitment to protecting our precious natural environment and we hope to inspire others to do the same,” he said.
“Around the world, Tiffany & Co aims to reduce its environmental footprint in an effort to protect future generations from the impacts of climate change,” said Anisa Kamadoli Costa, the chief sustainability officer.
“At this critical juncture, business has an important role to play in protecting the environment by leading by example and calling for bold action.”
To that end, the company continues a global initiative to replace energy-intensive lights in retail displays with efficient LED lights and expanded this retrofit project in 2014 to include LED overhead lighting. By the end of 2015, more than 65 Tiffany & Co retail stores will have been retrofitted with LED overhead lighting.
In New York, its hometown, the corporate offices were consolidated in 2011 according to the LEED green building certification programme.
Those offices are now LEED certified to the Platinum level. At its manufacturing and distribution facilities, it is implementing a variety of energy-saving and emission-reducing programmes, including the use of solar arrays.
