AuctionsApr 15, 2022
These 10 Designers Are Auctioning Jewels for Ukraine MajorsApr 20, 2022
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.
These workers are carbon monitoring in a teak plantation to help determine the carbon load of the area. Tiffany & Co. is donating $6.5 million to The Nature Conservancy to help bolster environmental protection efforts. (Image courtesy of Tiffany & Co./Bridget Besaw)
New York—A Patek Philippe Ref. 5711 Nautilus watch featuring a Tiffany Blue dial raked in $6.5 million at auction in December 2021.
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.”
Related stories will be right here …
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.
Editors' Picks
Sponsored by
More on Majors
The Latest
Recorded WebinarsMay 27, 2022
Watch: The 5 Things I Always Take to a Trade ShowEditor-in-Chief Michelle Graff is joined by three industry veterans to talk about the items they never leave behind and why.
CollectionsMay 27, 2022
92Y Has Selected its 2022 Artist in ResidenceGerman jewelry artist Alexander Blank is the fourth designer to receive the honor.
CollectionsMay 27, 2022
Piece of the Week: Which Movie Inspired This Chopard Masterpiece?The answer is “Hair,” and the necklace is from Chopard’s 2022 Red Carpet Collection, rolled out at the Cannes Film Festival.
Brought to you by
3 Reasons to Offer Estate Buying at Your StoreProvide your customers with a seamless selling solution by partnering with Windsor Jewelers, Inc.
Supplier BulletinMay 26, 2022
Extraordinary Italian Jewelry at JCK and COUTURESponsored by Italian Trade Agency
Weekly QuizMay 26, 2022
This Week’s QuizTest your knowledge of the latest jewelry news with this quick test.
SourcingMay 26, 2022
Q&A: Deciphering De Beers’ Blockchain PlatformDavid Prager virtually sat down with Editor-in-Chief Michelle Graff to answer questions about the rollout of Tracr at scale.
AuctionsMay 26, 2022
Bonhams New York Jewels Auction Is a White Glove SaleJewelry and objects belonging to Bette Midler, heiress Hélène Irwin Crocker Fagan, and Lady Sylvia Ashley were among the highlights.
Brought to you by
Dive into GIA’s Pearl ExpertiseWhen it comes to knowing the identity and quality of your pearls, count on GIA as your independent pearl experts.
FinancialsMay 26, 2022
Movado Posts Record Q1 Sales Despite ‘Challenging’ US MarketThe company opted not to raise its fiscal guidance, citing a slowdown in the U.S. market as a key reason.
TechnologyMay 26, 2022
State of Retail: The Pros and Cons of 4 Jewelry-Selling PlatformsFrom “old-school” eBay to new kid on the block 1stDibs, we asked jewelers about their experiences selling jewelry in non-traditional places.
Policies & IssuesMay 26, 2022
Barbara Wheat Named Executive Director of Ethical Metalsmiths She has nearly 30 years’ experience in the gem and jewelry industry and a background in nonprofit management.
EditorsMay 25, 2022
7 Standout Tiaras in Sotheby’s Platinum Jubilee ExhibitionSenior Editor Brecken Branstrator chooses the pieces she’d most want to see in person.
IndependentsMay 25, 2022
The Mexican Shack to Close After 47 YearsOwner Steve Delzio shares his thoughts on retirement after nearly five decades in the jewelry industry.
IndependentsMay 25, 2022
Designer Theo Fennell Has Written a Memoir “I Fear for This Boy” takes readers through the ups and downs of his business and is available for pre-order now.
IndependentsMay 25, 2022
MVEye, Wedding Report Partner on New Jewelry Research Platform“Today’s Wedding Jewelry Consumer” shares data about engagement ring market size, lab-grown and natural diamonds, and more.
ColumnistsMay 24, 2022
The PR Adviser: 10 Questions to Contemplate Columnist Lilian Raji wants to walk you through the customer journey. But first, she’d like you to answer a few questions.
Events & AwardsMay 24, 2022
8 Gold Jewelry Designers Unveil New Platinum DesignsSeveral Couture brands have partnered with Platinum Guild International ahead of the jewelry trade show.
Lab-GrownMay 24, 2022
Kendra Scott Unveils Lab-Grown Engagement Ring CollectionThe jewelry company is moving into bridal just a month after branching out into the watch world.
SourcingMay 24, 2022
State of the Diamond Industry: Where Does Supply Go From Here?The 2008 economic crisis, COVID-19, and sanctions on Russian goods have set the stage for an interesting decade for natural diamond supply.
Events & AwardsMay 24, 2022
WJA to Host Diversity Keynote at New Las Vegas Breakfast Event The Generating Community Impact fundraiser on June 11 will feature Karine Bah Tahé of Blue Level Training.
WatchesMay 23, 2022
Steven Kaiser, Watch Industry Veteran and Beloved Mentor, Dies at 68 Kaiser, whose illustrious career spanned decades, died suddenly on Friday.
IndependentsMay 23, 2022
Long’s Jewelers to Open New LocationThe family-owned jeweler is relocating its Braintree, Massachusetts, store to a new space.
IndependentsMay 23, 2022
Luxury Goods Veteran Olivier Stip Joins Chicago Jeweler CD Peacock He will step into the retailer’s newly created role of chief development officer.
GradingMay 23, 2022
Gem-A Launches Digital Entry-Level Gemology CourseGemIntro is meant to give a broad introduction to gems and gemology.
Recorded WebinarsMay 20, 2022
Watch: Responsible Sourcing and the Gold Supply Chain Three industry experts discuss “recycled” gold vs. mined, their challenges and benefits, and how jewelers can navigate the area.
FinancialsMay 20, 2022
Richemont’s 2022 Jewelry Sales in the Americas Nearly DoubleCartier, Van Cleef & Arpels, and Buccellati put on stellar performances.
AuctionsMay 20, 2022
Piece of the Week: ‘Birds in Flight’ by Oscar Heyman The New York jeweler made this incredible, colorful Art Deco bracelet featuring tropical birds in 1927.
