Tiffany & Co plans to achieve 100% traceability of diamonds and precious metals in the coming years as part of a sustainability pledge it released this week. The retailer aims to track all diamonds weighing 0.18 carats or more to the mine of origin or its suppliers approved mines by 2025. It also plans to trace all gold, silver and platinum to the mine or recycler by 2021, and ensure all key materials for products, packaging and store interiors are responsibly sourced by 2025. The move builds on Tiffany's existing policy of sharing the geographical provenance of its diamonds down to the country of region. Starting in October, it will also disclose where stones underwent cutting, grading, and setting.
Useful link: https://www.tiffany.com/engagement/diamond-provenance
