SWAROVSKI PUBLISHES LATEST SUSTAINABILITY REPORT DETAILING PROGRESS AND HIGHLIGHTING REFRESHED STRATEGY
Swarovski is pleased to present its fifth sustainability report, outlining innovations across its supply chain and highlighting its ongoing collaborations and partnerships to change the fashion, jewelry and design industries for the better.
Company founder Daniel Swarovski was a visionary and a pioneer. Establishing Swarovski in 1895, Daniel revolutionized crystal production, and instilled in his business a longstanding culture of social responsibility and a commitment to sustainability. To this day, the company upholds Daniel’s original principles, which guide Swarovski’s continuing journey towards greater transparency and positive change.
The 2019 sustainability report highlights the activities in which the business has engaged that align with its five strategic pillars: Women’s Empowerment, Fair Partnerships, Water Stewardship, Conscious Design and Sustainable Innovation.
In the report, Swarovski also reaffirms its commitment to understanding and responding to sustainability issues across its value chain. The company sources materials, designs products and engages consumers with the work it does in accordance with the five pillars.
In addition, the report presents case studies, collaborations with NGOs, industry certifications, innovations and progress in reducing the company’s environmental impact, to highlight the company’s major sustainability achievements throughout 2017 and 2018. These successes include:
- 35% of Swarovski’s energy comes from renewable sources at its manufacturing and production locations
- 76% of the company’s total water demand in 2018 was met with recycled water across its manufacturing and production locations
- Since its inception in 2015, the Conscious Design Program has provided designers and design schools with over 6 million upcycled crystals
- The business’s Positive Production Program has been rolled out for 15,000 employees in seven manufacturing and production locations globally
- In 2018, Atelier Swarovski made a commitment to using Responsibly Sourced Gold across its Fine Jewelry collections
Nadja Swarovski, Member of the Swarovski Executive Board, commented: “We are pleased to unveil our 2019 Sustainability Report, which reflects Swarovski’s longstanding commitments to people and planet – values first established by our founder Daniel Swarovski almost 125 years ago. This year’s report details our company’s ongoing efforts across Water Stewardship, Women’s Empowerment, Fair Partnerships, Conscious Design, and Sustainable Innovation, and reaffirms our global strategies to shape a positive future for all.”
Swarovski delivers a diverse portfolio of unmatched quality, craftsmanship, and creativity. Founded in 1895 in Austria, the company designs, manufactures and markets high-quality crystals, genuine gemstones and created stones as well as finished products such as jewelry, accessories and lighting. The Swarovski Crystal Business is run by the fifth generation of family members and has a global reach with approximately 3,000 stores in around 170 countries, more than 27,000 employees, and revenue of about 2.7 billion euros in 2017. Together with its sister companies Swarovski Optik (optical devices) and Tyrolit (abrasives), Swarovski Crystal Business forms the Swarovski Group. In 2017, the Group generated revenue of about 3.5 billion euros and employed more than 32,000 people. A responsible relationship with people and the planet has always been an integral part of Swarovski’s heritage, and is embedded today in the company’s well-established sustainability agenda. In addition, the global Swarovski Water school education program has reached 500,000 children on the world’s greatest rivers, and the Swarovski Foundation, set up in 2013, works to support culture and creativity, promote human empowerment, and conserve natural resources to achieve positive social impact.
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