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Tiffany Outlines Sustainability Goals

Aug 3, 2016 6:55 AM   By Rapaport News
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RAPAPORT... Tiffany & Co. illuminated every new store opened in 2015 with energy-efficient LED lighting and appointed its first chief sustainability officer, the jeweler said in its sustainability report.

The retailer hired Anisa Kamadoli Costa last year from her previous role as the company’s vice-president of global sustainability and corporate responsibility.

Tiffany appointed the position to "underscore the important role sustainability plays in our business and our commitment to leadership on our most critical social and environmental issues."

The company also set a target to achieve net-zero greenhouse gas emissions by 2050 as part of a coalition of business leaders known as the B-team. Other initiatives include a multimillion-dollar internal ‘green fund’ dedicated to projects that save on costs, carbon emissions and resources.

“Of the many reasons to take pride in Tiffany, none is more important than our long-held commitment to the environment and its people,” said Frederic Cumenal, Tiffany’s chief executive officer (pictured). “World-class leadership in sustainability among great luxury brands is rooted in a humble understanding of our impact on, and thus responsibility to, the world.”
Tags: Anisa Kamadoli Costa, emissions, Frederic Cumenal, Rapaport News, sustainability, Tiffany, Tiffany & CO.
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