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Tiffany & Co can trace 100% of its diamonds to a known mine or supplier (with multiple known mines) according to the internationally celebrated jeweller’s latest CSR report.
The report also highlights the fact that the company boosted the economies of the diamond-producing countries of Botswana, Namibia and South Africa by $90m (£57m, €67m)) in 2012 – up 43 per cent on the year before.
The company says the rise was due to increased purchases of rough diamonds which are purchased from countries that participate in the Kimberley Process Certification Scheme.
Read the full story in the September issue of Ethical Performance.
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