Tiffany Donates Auction Haul to The Nature Conservancy
The $6.5 million in proceeds from the sale of a Patek Philippe watch with a Tiffany Blue dial will be donated to conservation efforts.
Now, the Tiffany & Co. Foundation is putting those millions to good use, donating that amount to The Nature Conservancy, a nonprofit environmental organization.
The two charities have worked together on six projects since 2007, including mitigating the effects of mining on salmon fisheries and coral conservation efforts.
“The Nature Conservancy works around the world to address some of the biggest challenges facing the planet, our economies, and our communities. Food security, access to safe and clean water, air quality, and forests, oceans, rivers, and grasslands all depend on a healthy relationship with nature,” Nature Conservancy CEO Jennifer Morris said.
“Tiffany & Co. has mobilized funds that will support our efforts to scale solutions in some of the world’s most threatened and critical places.”
The donation will be put toward conservation efforts in five regions facing both climate change and biodiversity loss.
In Papua New Guinea, the funding will protect more than 7 million acres of tropical forests and nearby marine areas.
In Borneo, Indonesia, the money will support local efforts to protect the forests and improve the lives of its people via sustainable forest management.
In the Caribbean, the funds will help restore and preserve threatened coral reefs, help marine protected areas, and work with the communities to protect the oceans, including coastal mangrove and coral habitats.
In Belize, the donation will help conserve 236,000 acres of the Maya Forest, a tropical forest that is home to jaguars, howler monkeys, and hundreds of bird species.
In Alaska, the money will be put toward Tongass National Forest, which is part of the largest remaining coastal temperate rainforest on Earth as well as the ancestral territory of the Tlingit, Haida, and Tsimshian peoples, who care for its forests and waters.
The funding there will go to the Seacoast Trust, which provides capital to the Indigenous communities to fund local projects and help the region move away from old-growth logging toward more sustainable jobs and other economic opportunities.
The Latest
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Its updated book for mountings is also now available.
She has been with the organization since 2010, most recently serving as its chief officer of PR and industry relations.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.
The limited-edition men’s rings can be customized with one of 12 team logos.
There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
The program, now live in Europe, will roll out to the U.S. this summer.
Colored gemstones and signed jewels are the focus of its upcoming Geneva sale.