Corporate Social Responsibility

ENVIRONMENT

In addition to our constant efforts to reduce our environmental impact at Vacheron Constantin, we offset the carbon dioxide emissions that are generated by our manufacture, boutiques and subsidiaries as well as any business travel by airplane, train or car.


Vacheron Constantin offsets carbon dioxide emissions generated by our buildings and traveling.


By purchasing CO2 emission credits to compensate, we have supported the funding of ecologically responsible projects since 2008. Regarding the CO2 offsetting, this year again, we are supporting the projects Isangi, Hebei Yingxin Glass and Asorpar, from the “Diamond, Gold and Glass” portfolio at the average price € 4.75/t (vs € 4.70/t last year).


However, Vacheron Constantin’s carbon footprint is relatively small compared to that of energy-intensive industries.

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RESPONSIBLE JEWELLERY COUNCIL

Vacheron Constantin is committed to promote responsible ethical, human rights, social and environmental practices in a transparent and accountable manner and promoting these practices throughout our value chain, from mine to retail. To manifest our commitment, Vacheron Constantin has joined the Responsible Jewellery Council (RJC).


The Responsible Jewellery Council is an international not-for-profit standards and certification organization. It has more than 1'000 member companies that span the jewellery and watchmaking supply chain from mine to retail. RJC members commit to and are independently audited against the RJC Code of Practices – an international standard on responsible business practices for diamonds, gold and platinum group metals. The Code of Practices addresses, among others, human rights, labor rights, environmental impact and product disclosure. Vacheron Constantin has been a member since August 2010 and re-certified since June 2018.

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RESPONSIBLE SOURCING

KIMBERLEY PROCESS

At Vacheron Constantin all our diamonds are purchased from suppliers who apply the World Diamond Council System of Warranties based on the Kimberley Process in order to ensure they have been purchased from legitimate sources not involved in funding conflict and in compliance with the United Nations resolution.

The Kimberley Process is a joint government, international diamond industry and civil society initiative to stem the flow of conflict diamonds.
The Kimberley Process Certification Scheme requires participating nations to keep conflict diamonds out of legitimate channels of commerce.





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GOLD SUPPLY CHAIN

As far as possible, we ask our suppliers to provide assurance that the gold being supplied has been mined in a way which respects human and labor rights and the environment.
We continue to work with suppliers and refiners in this respect to seek to improve controls over the supply chain and closely with the Responsible Jewellery Council to help improve the gold supply chain.

In addition to this industry-wide approach, we work with our gold suppliers to strengthen the inclusion of ethical criteria at all levels of our gold sourcing supply chain. Strengthen the implementation of ethical criteria on all levels of our gold sourcing supply chain. Membership of the Responsible Jewellery Council (RJC) promotes a robust approach to these supply chain issues for us and other businesses in the watchmaking industry: from mine to retail.

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CITES

For the sourcing of our leather straps, Vacheron Constantin and our suppliers adhere to the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).


CITES is an international agreement between governments which aims to ensure that international trade in selected species of wild animals and plants does not threaten their survival.

For Vacheron Constantin, this concerns our alligator mississippiensis leather straps.







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