Policies & IssuesJul 06, 2021
5 Things to Know About Signet’s Sustainability GoalsMajorsAug 25, 2021
Signet Jewelers Establishes Charity Foundation
It will focus its efforts on underserved women and children, and social change advocacy.
Signet Jewelers established the Signet Love Inspires Foundation and will match select employee donations.
Akron, Ohio—Signet Jewelers has launched its Signet Love Inspires Foundation as it looks to bolster its charitable efforts.
The foundation will use grants to support 501(c)3 nonprofit charitable organizations in the United States, with a focus on underserved women and children as well as social change advocacy.
The jewelry giant recently mapped out its sustainability goals for the next decade, focusing on charity work, inclusion, climate change, and other people-focused initiatives.
Its foundation will encourage team members to focus on social causes that are important to the communities where they live and work.
The company will also match the personal donations of U.S. Signet employees to nonprofits, as long as they meet the criteria, which include being a 501(c)3 nonprofit and being based in the U.S.
It aims to align the charity’s grant-making policy with the United Nation’s Sustainable Development Goals, which includes reducing inequality and providing quality educational opportunities.
This year, the foundation already has provided grants to several nonprofit organizations, including Jewelers for Children, the Equal Justice Initiative, and The Trevor Project.
“Our Purpose is inspiring love. It’s based on a fundamental belief we hold dear: the more love there is in the world, the better the world is for all of us,” said Signet Jewelers CEO Virginia C. Drosos in a press release about the foundation.
Related stories will be right here …
The foundation will use grants to support 501(c)3 nonprofit charitable organizations in the United States, with a focus on underserved women and children as well as social change advocacy.
The jewelry giant recently mapped out its sustainability goals for the next decade, focusing on charity work, inclusion, climate change, and other people-focused initiatives.
Its foundation will encourage team members to focus on social causes that are important to the communities where they live and work.
The company will also match the personal donations of U.S. Signet employees to nonprofits, as long as they meet the criteria, which include being a 501(c)3 nonprofit and being based in the U.S.
It aims to align the charity’s grant-making policy with the United Nation’s Sustainable Development Goals, which includes reducing inequality and providing quality educational opportunities.
This year, the foundation already has provided grants to several nonprofit organizations, including Jewelers for Children, the Equal Justice Initiative, and The Trevor Project.
“Our Purpose is inspiring love. It’s based on a fundamental belief we hold dear: the more love there is in the world, the better the world is for all of us,” said Signet Jewelers CEO Virginia C. Drosos in a press release about the foundation.
The foundation’s board of directors includes Drosos, Chief Financial Officer Joan Hilson, Senior Vice President and General Counsel Stash Ptak, and Senior Vice President and Chief Communications Officer Colleen Rooney.
The governance also includes officers, a grant committee, and a community impact coordinator.
“Our established governance structure enables us to measure impact at every level and communicate progress and results regularly in line with our environmental, social, and governance-related three loves: love for all people, love for our team, and love for our planet and products."
The company’s donations are provided through two other avenues as well.
In addition to the foundation, Signet also has established a team member relief fund, which provides financial grants to eligible team members in countries where the company operates to help them with financial hardship.
Signet also donates via cause marketing programs, including a 22-year partnership with St. Jude Children’s Research Hospital, which has raised $81 million to date.
To learn more about the Signet Love Inspires Foundation, visit the company’s website.
More on Majors
The Latest
AuctionsNov 21, 2024
Gold Watch Gifted to Titanic Rescue Ship Captain Sells for $2MThree Titanic survivors presented him with the personalized Tiffany & Co. timepiece about a year after the tragedy.
IndependentsNov 21, 2024
Mary Moses Kinney Is Now Part of The Edge’s Team Kinney, who spent nearly 30 years at IJO, has been hired to head Abbott Jewelry Systems’ new virtual marketplace.
CrimeNov 20, 2024
Sotheby’s to Pay $6.25M Settlement to NY State for Alleged Tax FraudThe auction house was accused of helping clients avoid paying taxes on millions of dollars’ worth of art purchased from 2010 to 2020.
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
Events & AwardsNov 20, 2024
Kering Debuts New Jewelry Award With Sustainability FocusThe four finalists will present their pieces at the 2025 JCK Las Vegas show.
Weekly QuizNov 14, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsNov 20, 2024
Pamela Love Channels Surrealist Artists in New CollectionThe “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.
Policies & IssuesNov 20, 2024
Columbia Gem House Raises $10K for Reforestation EffortsThe money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.
Brought to you by
Enhance Your Expertise with IGI’s In-Person Courses in NYCThis fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
Events & AwardsNov 20, 2024
The Jewelry Symposium Opens Registration, Scholarship ApplicationsThe event centered on advancing jewelry manufacturing technology will return to Detroit in May 2025.
CrimeNov 19, 2024
Woman Killed in Armed Robbery of Sacramento Jewelry StoreLocal reports identified the woman as the wife of the jewelry store owner.
AuctionsNov 19, 2024
‘A Tsar’s Treasure’ Fetches $2.9M at Sotheby’s Jewelry SaleA collection of pieces owned by Ferdinand I, the first king of modern Bulgaria, and his family, blew away estimates in Geneva last week.
CollectionsNov 19, 2024
Snoop Dogg’s New Jewelry Collection Is All About Love“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.
EditorsNov 18, 2024
Q&A: Helzberg CEO Brad Hampton on the Jeweler’s RebrandHampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.
Policies & IssuesNov 18, 2024
Reciprocity Jewels Returns to NYC Jewelry WeekThe group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.
CollectionsNov 18, 2024
Dolly Parton Shines in Collaboration with Kendra ScottThe collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.
Events & AwardsNov 18, 2024
IGI Jewelry Design Competition ReturnsThis year’s theme asks designers to take inspiration from classic fairy tales.
EditorsNov 15, 2024
Why Fine Jewelry Belongs at New York Comic ConSenior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.
CollectionsNov 15, 2024
Marie Lichtenberg Battles Counterfeits with New ‘Raiz’in Scapular’ DesignsThe latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.
WatchesNov 15, 2024
Piece of the Week: Citizen’s Commemorative Pocket WatchNo. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.
Recorded WebinarsNov 15, 2024
Watch: 10 Tips to Keep Your Jewelry Store Secure On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.
AuctionsNov 14, 2024
18th-Century Diamond Necklace Sells for Nearly $5M Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
MajorsNov 14, 2024
Saks Fifth Avenue Cancels Holiday Light DisplayInstead of its usual elaborate display, the store will illuminate its façade and frame the windows to highlight its flagship’s architecture.
WatchesNov 14, 2024
Grand Seiko Partners With Ben Bridge on First Hawaii Store The new Grand Seiko boutique is located in Honolulu’s Waikiki neighborhood.
SourcingNov 13, 2024
Gem Legacy Adventures Announces 2025 Trip Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.
AuctionsNov 13, 2024
Aga Khan Emerald Sells for $8.8M, Sets RecordThe emerald brooch-turned-pendant returned to auction after 55 years, setting a world record for most expensive emerald sold at auction.
AuctionsNov 13, 2024
‘Exceptional’ Burmese Ruby Ring Tops $5M at Auction Phillips also sold a 1.21-carat fancy red diamond dubbed the “Red Miracle” for more than $1 million at its jewelry auction in Geneva.
MajorsNov 13, 2024
Ariana Grande, Anya Taylor-Joy Star in Holiday Jewelry CampaignsFrom Swarovski to Tiffany & Co., jewelry retailers are enlisting celebrities to highlight their holiday offerings.
