Our Journey To Net-Zero
We have been measuring and displacing our corporate emissions since 2018.
GREENHOUSE GAS ACCOUNTING
We measure our greenhouse gas (GHG) emissions from corporate and showroom energy use, shipping from our suppliers to our customers, packaging, and employee business travel and commutes. We use our GHG inventory results to support the transition toward renewable energy through the purchase of Renewable Energy Credits (RECs) and Verified Emissions Reductions (VERs), and to displace our internal energy use and corporate emissions.
We committed to set near-term company-wide emission reductions in line with climate science with the SBTi.
ALIGNING WITH THE GREENHOUSE GAS PROTOCOL
In 2023, we improved our greenhouse gas inventory to include natural diamonds, lab diamonds, recycled gold, recycled silver, and platinum. We engaged independent consultants to conduct assurance on our GHG inventory, in preparation for settings targets with the Science Based Targets initiative (SBTi).
SUPPORTING A CLEAN ENERGY TRANSITION
We displaced our electricity use through a partnership with Native, A Public Benefit Corporation, and purchased Green-e certified RECs. With support from companies like ours, Native invests in high quality renewable energy projects that benefit communities across the US.
We also purchased VERs, or carbon credits, from the Sky Wind Project in Maharashtra, India, regionally located near the majority of our suppliers. This 96 MW wind project helps avoid GHG emissions from fossil fuel based electricity grids and produces clean energy equivalent to ~14,000 US homes for one year. The project and the carbon emissions reductions have been verified to the Verified Carbon Standard (VCS).
Partnering with
since 2022