INITIATIVES
MAKE OUR TIME BETTER
To successfully manage a sustainable transformation, a clear and precise understanding of the scope of our activities is essential. We understand that as a corporation, we are accountable for all activities across our value chain and we are convinced that transparency and traceability will continue to help us identify the levers and implement the actions necessary to drive a more sustainable ecosystem.
Our Maison applies the Richemont Group Standards of Business Conduct, Supplier Code of Conduct (SCoC), Raw Material Sourcing Policy, Procurement Policy, and Human Rights Statement.
This set of codes ensures consistency in our commitments to Business Ethics, Labour & Human Rights and Environment protection across our operations and business relationships.
VALUE CHAIN
PARTNERING WITH OUR VALUE CHAIN
Jaeger-LeCoultre’s Sourcing policy allows us to deeply understand our precious stones and metals supply chains from mining to retail and to work towards more traceability throughout these chains.
Our Maison maintains solid relationships with trusted suppliers and know all our suppliers and subcontractors dealing with gold.
Through a “Know Your Counterparty” (KYC) system that is monitored on an annual basis and documented, we strive to understand our partners as well as their respective supply chains.
We encourage our suppliers to develop joint efforts that will benefit the greater good.
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GOLD PURCHASING
GOLD AND PRECIOUS STONES
All diamonds purchased by Jaeger-LeCoultre comply with the Kimberley Process Certification Scheme (KPCS) and the System of Warranties (SoW) that ensures that no purchased rough diamonds are originate from Conflict Affected and High-risk Areas.
Since 2008, our Maison has been an active member of the Responsible Jewellery Council (RJC), and we are certified against the RJC Code of Practices (COP) since 2012.
We implement the RJC provisions and advocate RJC principles in the diamond, gold and platinum supply chain, so that suppliers and sub-contractors respect human and labour rights and the environment.
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RESPONSIBLE JEWELLERY COUNCIL
We make every effort to ensure strict compliance to the Responsible Jewellery Council (RJC) Code of Practices standards which due diligence disposition complies with the OECD 5-step due diligence framework.
To ensure the traceability of our Gold Supply Chain, we are working towards obtaining the RJC Chain of Custody (CoC) Certification. This will allow us to assert that the Gold we source is conflict-free and responsibly produced across our entire supply chain.
The gold we purchase is RJC COC certified, from recycled sources.
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LEATHER SOURCING
LEATHER BRACELET
Always conscious of reducing our carbon footprint, we adopt the highest standard in our leather sourcing.
All our bovine leathers come from European suppliers.
To ensure animal welfare and minimise our environmental impact, as part of the Richemont Group, we join the Leather Working Group (LWG) and International Crocodilian Farmers Association (ICFA) certifications.
In addition, we are fully compliant with CITES regulations that govern the supply of exotic leathers. Our alligator straps are from the species Alligator Mississippians, compliant with CITES Annex II.
Sustainability
Our strategic pillars
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