Signet Jewelers Releases its Fiscal 2022 Corporate Citizenship and Sustainability Report

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Highlights Development To its 2030 Company Sustainability Goals Showcases Noteworthy Leadership in DEI

AKRON, Ohio, June 7, 2022 /PRNewswire/ — Today, Signet Jewelers Restricted, the world’s largest retailer of diamond jewellery, unveiled its Fiscal 2022 Corporate Citizenship and Sustainability Report highlighting progress the corporation is creating in the direction of its 10-year Company Sustainability Ambitions. Signet’s holistic aim on its Three Loves—Team Users, Individuals, Earth and Products—includes thorough environmental, social and governance (ESG) knowledge leveraging the Sustainability Accounting Specifications Board (SASB) standards.

Signet Jewelers Fiscal 2022 Corporate Citizenship and Sustainability Report highlights progress towards its 2030 Corporate Sustainability Goals and showcases notable leadership in diversity, equity and inclusion. — Signet Jewelers Fiscal 2022 Company Citizenship and Sustainability Report highlights progress towards its 2030 Company Sustainability Goals and showcases notable leadership in variety, equity and inclusion.

“I am happy of the sturdy development we are consistently generating towards our 2030 objectives,” mentioned Signet Jewelers CEO Virginia C. Drosos. “As we proceed to elevate our sustainability endeavours, our Purpose of Inspiring Like and our 3 Loves proceed to be not only sources of pleasure, but also drivers of motion and affect.” She included, “Our progress on DEI over the earlier 4 many years is specially noteworthy with 76% of Signet’s retail outlet assistant supervisors and above staying ladies as effectively as 42% of Signet’s VPs and over, the cornerstone for our recognition in Bloomberg’s Gender-Equality Index four a long time running.”

In addition to its personal framework, Signet is a member of the UN World Compact, which affirms the firm’s long-standing commitment to liable, moral business methods and upholding the 10 Rules of the UN Global Compact on human legal rights, labor, natural environment, and anti-corruption.

“Our Reason – our whole motive for currently being – is Inspiring Adore. That concentrate ignites our complete group and guides our Corporate Sustainability Goals. By doing the job alongside one another with our Signet colleagues and our global partners we are using motion ourselves while also driving beneficial transform in the jewellery marketplace and as advocates for a far better planet,” extra Colleen Rooney, Chief Communications & ESG Officer, Signet Jewelers.

History and Development

In 2021, Signet announced its 2030 Corporate Sustainability Ambitions, which deepened the company’s motivation to leading as a goal-driven and sustainability-targeted group. Signet established a overall of 44 Corporate Sustainability Objectives with the aim of carrying out three in the previous yr as follows:

Developing the Signet Appreciate Evokes Foundation, targeted on underserved females and youngsters, and social adjust advocacy
Aligning the Signet Like Conjures up Foundation grant-earning policy with the United Nations Sustainable Development Aims to significant measure Signet’s affect toward resolving the world’s most urgent problems and
Raising Signet’s base wage to $15/hour by Spring 2022 in the US. (Accomplished ahead of schedule in Q3 FY22)

Signet organizes its sustainability attempts by a framework it refers to as its “A few Loves”: Enjoy for All Individuals, Like for Our Staff and Like for Our Earth and Solutions. About the earlier year, Signet has produced significant development and strengthened the firm’s effect in all 3 of these pillars:

Enjoy for All Persons: Inspiring Adore into the earth as a result of marketing, charitable donations, and participation in social advocacy as Signet and as a result of its 10 purchaser-dealing with banners. Due to the fact the start of their 23-year partnership with St. Jude Kid’s Exploration Hospital®, Signet has lifted nearly $89 million for the corporation. Signet also recently declared that it was suspending business interaction with Russian-owned entities in reaction to the disaster in Ukraine.
Really like for Our Staff: Amplifying its concentrate on being an employer of choice for all, such as underrepresented populations and highlighting the substantial presence women have in Signet’s management workforce. Signet is a 2 times awarded Good Area to Do the job-Certified™ Firm and has also been stated on the Bloomberg Gender-Equity Index for 4 consecutive a long time – the only specialty jewelry retailer on the Index. In addition, Signet experiences applying the Human Legal rights Campaign Foundation’s Corporate Equity Index, the nationwide benchmarking software on company procedures, procedures and gains pertinent to lesbian, gay, bisexual, transgender and queer workers.
Love for Our World and Goods: Defining Signet’s motivation to business techniques and procedures to deal with human legal rights, climate alter and committing to further more acquiring the circular economic system. In 2021, Signet recovered and resold around 120,000 carats of diamonds, and 89% of all Signet Jewellery was sourced from Liable Jewellery Council (RJC) members.

To see Signet’s overall 2022 Fiscal Corporate Citizenship and Sustainability Report, click below.

ABOUT SIGNET JEWELERS
Signet Jewelers Constrained is the world’s greatest retailer of diamond jewelry. As a reason-pushed and sustainability-centered business, Signet is a participant in the United Nations Worldwide Compact and adheres to its rules-centered technique to liable business. Signet is a Wonderful Spot to Work–Certified™ corporation and has been named to the Bloomberg Gender-Equality Index for 4 consecutive a long time. Signet operates roughly 2,800 outlets generally beneath the title manufacturers of Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Diamonds Immediate, JamesAllen.com, Peoples, H. Samuel, Ernest Jones and the jewelry subscription support, Rocksbox. Further details on Signet is out there at www.signetjewelers.com.