Our Sustainability Report Spring 2021 Update
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Our Sustainability Report Spring 2021 Update
OUR PROGRESS SO FAR:
an update
Six months ago we released our first Sustainability Report,
a declaration of our commitment to our planet, people and
community. But also a record of accountability, so that we continue
to act responsibly and in accordance with one our founding brand
values - caring.
Half a year later, I am honoured to announce new milestones in Our
our sustainability journey. Positive Luxury has awarded us the
Butterfly Mark, a certification recognising brands who uphold SUSTAINABILITY PROMISE
the highest standards of sustainability. This recognition is a
testament to years of running a business with integrity and close POSITIVE LUXURY CERTIFIED
relationships with partners and customers. We’ve made significant
Butterfly Mark accredited
progress in avoiding and reducing our carbon emissions, including
using exclusively recycled gold and sterling silver, transitioning to
100% RECYCLED GOLD VERMEIL
fully recyclable boxes and bags, and sourcing more sustainable
& 100% recycled sterling silver
alternatives for 85% of single-use plastic in our supply chain (and
counting).
5 YEAR WARRANTY
& lifetime repair service
My ultimate goal is for our brand to operate as close to zero
emissions as possible. While we continue to work towards that
target, we have expanded our carbon offsetting initiative to our ETHICAL DIAMONDS
entire company and product’s greenhouse gas footprint. Meaning, Kimberley Process approved
as of earlier this year, Monica Vinader is a carbon neutral brand.
RESPONSIBLE JEWELLERY
Our work continues on both environmental and social impact. COUNCIL CERTIFIED
Read on to find out more.
Along with all our suppliers
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100% RECYCLABLE PACKAGING
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& reusable pouches
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We’re Verifed Positive Luxury T H E B U T T E R F LY M A R K Positive Luxury has recognised Monica Vinader as a business that meets the highest sustainability standards and leaves a positive impact on the world. The Butterfly Mark accredits our ongoing dedication to doing better. Currently, less than 150 luxury brands hold the Butterfly Mark. We earned particular recognition for areas of conscious design, diversity and inclusion, responsible sourcing, supply chain transparency and philanthropy. This is a bespoke set of ‘Positive Actions’ assigned to us, illustrating our unique efforts in sustainable and ethical business practices.
For our planet:
WE ONLY USE 100% RECYCLED
GOLD VERMEIL AND
STERLING SILVER
Recycled silver cuts down CO2 emissions by ⅔ versus
mined silver, yet more than 80% of the world’s silver
supply is still mined. In February 2021, we went one
step further and transitioned to using only recycled
gold in addition to recycled silver in our gold vermeil.
By the end of 2021, more than 1,100,000 kg of CO2
emissions will have been avoided due to our commitment
to using recycled gold vermeil and sterling silver.
RECYCLED SILVER EMITS
⅔ LESS
CO 2 EMISSIONS THAN MINED SILVER
Aligned to the UN Sustainable Development Goals
Avoid. Reduce. Offset.
WE’RE NOW COMPLETELY
CARBON NEUTRAL
Last November, we calculated that our yearly carbon emissions from shipments
to customers equated to driving a car 55 times around the earth. So, we created
a plan to offset all of it, plus all return shipments, by contributing to Clean
Oceans Plastic Bank in combination with a Gold Standard climate protection
project supporting wind farms.
This year, we’ve extended our carbon offsetting commitment to include our
corporate and product’s greenhouse gas footprint. We are now entirely carbon
neutral...but that’s not a solution. Our goal is still to avoid and reduce emissions
wherever possible in our processes. As we work towards that goal, we are
offsetting our current emissions by contributing to Gold Standard climate
protection projects that prevent an equivalent amount of CO2 from entering
the air as we emit.
Aligned to the UN Sustainable Development Goals
Photo Courtesy of Harry Cory Wright, @harrycorywright
Our packaging is
100% RECYCLABLE
& FSC CERTIFIED
The mell
Waving goodbye to single-use
P L AST I C I N 2 02 1
Single use plastic is pervasive throughout
the jewellery industry. We have committed to
removing ALL single use plastic from our supply
chain in 2021. As of spring 2021, we have sourced
alternatives for 85% of the plastic in our
supply chain.
Aligned to the UN Sustainable Development Goals
Moving towards a
CIRCULAR ECONOMY
We’re encouraging all our customers to start practicing
more responsible consumerism. We now offer silver and gold
recycling services, regardless of brand, with the incentive of
a gift voucher. All our jewellery is also covered by our
5 year warranty and lifetime repair service, meaning
you can purchase less and wear longer.
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Aligned to the UN Sustainable Development Goals
Your turn to get involved
JOIN OUR
R E C YC L I N G P R O G R A M M E
D 1. 2.
Contact us using our Choose which gold and
online form. We’ll send you silver jewellery you’re
instructions for shipping, ready to recycle. It can
which is free from the UK be from any brand!
3. 4. 5.
Drop your package Your pieces get recycled We’ll give you £20 off
off at a post office into silver and gold that your next purchase!
is reused in jewellery
Our online form link:
monicavinader.com/sustainability/recycling-programme
Aligned to the UN Sustainable Development GoalsOur ‘reused’ &
R E N E WA B L E
H E A D Q UA R T E R S
We’ve now made the switch to renewable energy in all
offices and stores in which we have direct control of the
energy supply. The heart of our operations in Norfolk,
UK, is a 16th century conversion on the Holkham Estate.
We upcycled this building and preserved its legacy
in an award-winning development that houses our
diverse product design and development, operations,
and fulfillment teams. The headquarters is heated by
renewable energy with a ground-source heat pump
extending 12,000 square metres, the size of one and a
half football pitches.
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Aligned to the UN Sustainable Development GoalsFor our people:
ONLY MANUFACTURING RESPONSIBLY
Our jewellery is ‘touched by a thousand
thumbs’ before it makes its way to you. That
“We treat our suppliers as
is the standard of hand craftsmanship and
quality behind every Monica Vinader piece.
family. After all, they’ve been
And a promise we can make to you because we
treat our suppliers as family. After all, they’ve
with us for over 12 years”
been with us for over 12 years.
Our legacy is working with female-led businesses
in our supply chain that ensure fair pay and
safe working conditions. Such as our artisan
gem cutters in Jaipur, or our master craftsmen
in Thailand, who for generations has practiced
their craft.
All of our workshops are members of the
Responsible Jewellery Council and go through
Intertek Workplace Conditions Assessment.
Every month, we normally visit them and
have independent auditing bodies conduct
annual inspections, ensuring fair wages and
hours, employee rights, health and safety, and
responsible corporate governance. We also
ensure 100% of our diamonds are responsibly
sourced by adhering to the Kimberley Process
and the World Diamond Council System
of Warranties. II '
Aligned to the UN Sustainable Development GoalsFor our community:
WOMEN FOR WOMEN
INTERNATIONAL
In 2019, we joined forces with Women for Women International
to help women in conflict affected countries to rebuild their
lives. With Monica serving as an ambassador for the charity,
we have sponsored more than 335 vulnerable women
through 12-month educational programmes, including 62 so
far in 2021.
We’ve sponsored
335 WOMEN
through 12-month educational programsJAGRITI FOUNDATION
Based in Jaipur, India, Monica discovered the incredible
Jagriti school during one of her visits to our workshops.
The Jagriti Foundation provides free education to children
in the slums of Jaipur. Today, we have enrolled 90 children
in school for a year.
We’ve enrolled
90 CHILDREN
from the slums in school for a year
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Aligned to the UN Sustainable Development GoalsTHE NHS
Over the last 12 months, Monica Vinader and our
customers have supported the NHS. In March 2021,
we concluded our NHS Skinny Sapphire initiative that
saw all profits from two new styles donated to NHS
Charities Together. Together, we have raised £31,500.
For our local community hospital nearest to our Norfolk
Head office, Monica with some friends has personally
raised over £100,000. Their Covid Recovery Fund
covered mental health support for the hospital team,
as well as more vital signs monitors. These efforts
are our way to say thank you to the amazing team of
NHS doctors, nurses and front line staff for their work
supporting our community over the last year.
Aligned to the UN Sustainable Development GoalsOUR PARTNERS
To hold ourselves accountable and make sure we are
delivering on our promise, we’ve partnered with others who
share in this goal, both inside and outside of our industry.
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,'°' RESPONSIBLE
JEWELLERY
COUNCIi
NAJ Awards 2019
WINNER
CSR Initiative of the Year
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Retail Jeweller
UK Jewellery
Awards2021
WORLD
DIAMOND
COUNCIL
® ClimatePartner
UN GLOBAL COMPACT
Since 2020, Monica Vinader has been committed
to the UN Global Compact corporate responsibility
initiative and its principles in the areas of human
rights, labour, the environment and anti-corruption.
Aligned to the UN Sustainable Development Goals
Aligned to the UN Sustainable Development Goalsmonicavinader.com/sustainability
This is property of Monica Vinader Ltd. All numbers, calculations and assumptions are based on internal and external sources,
some of which are at a point in time and subject to change. Please see our website for more details. April 2020You can also read
