We’ve developed our Corporate Sustainability Goals — and plans to achieve them — by working across our entire organization, pushing ourselves to clarify what we feel we can achieve, and inspiring one another with our commitments to reach higher.

united nations sustainable development goalsWe have aligned our Corporate Sustainability Goals with the UN Sustainable Development Goals. Our goals focus on the UN Sustainable Development Goals where we can have the most impact. As a purpose-driven and sustainability-focused company, Signet Jewelers is a participant in the United Nations Global Compact and adheres to its principles-based approach to responsible business. 

We are proud of our longstanding commitment to corporate citizenship and sustainability. While our 2030 goals set our course forward, all we’ve achieved to date is because our people have lived up to the standards, built the relationships, and done the hard work that our commitments demand of us.

For more, learn about our commitment to sustainability and read Signet’s corporate citizenship and sustainability report.

 

Love for All People

Purpose drives our governance, business strategy, and our philanthropic missions; it serves as a North Star for our leadership and our Foundation. We believe love has no boundaries and does not discriminate. We champion diversity, equity, and inclusion throughout our store operations, our digital transactions, and philanthropic giving — all of which show our love for the diverse world in which we operate.

Social Change Advocates

  • Signet will continue to lead innovative and inclusive marketing campaigns that represent diverse populations inclusive of all shapes, sizes, ethnicities, and abilities.
  • Respond to societal conversations where our voice may be helpful in communities in which we serve. 
  • Regularly engage with Signet BRGs to foster conversation that brings our purpose to life.

Signet Love Inspires Foundation

  • Establish Signet Love Inspires Foundation with an emphasis on team member engagement with social causes important to the communities where team members live and work. 
  • Align the Signet Love Inspires Foundation grant making policy with the United Nations Sustainable Development Goals to meaningfully measure our impact towards solving the world’s most pressing problems.

Governing with Purpose

  • Signet will continue to innovate and expand team member training on data security and privacy-related risks and procedures in line with the expansion of our digital marketing strategy. 
  • Signet will continue to protect consumers by advancing good governance of data privacy principles, including transparency regarding use and protection of client data, and maintaining compliance with relevant Data Privacy standards.

Love for Our Team

We believe for love to be shared with our customers and in our communities, it must start inside our Company. We are committed to foster a culture where team members feel engaged, energized, inspired, respected, and valued. Our leadership teams are as diverse as our customer base, and we reward our people with pay and benefits that value their contributions and individuality.

 

Employer of Choice

  • By 2025, we strive to be certified as a Great Place to Work® for 5 consecutive years.
  • We strive to increase our Great Place to Work® Expanded Trust Index© Results average score by 10 points.
  • Become a Fortune 100 Best Companies to Work For® by improving our scores on Great Place to Work® by 2025.
  • Improve Field and Support Center retention by 10% by 2025.
  • Become an Employer of Choice for LGBTQ+ communities and become recognized by the Human Rights Campaign Corporate Equality Index. 

Community of Inclusiveness

  • Earmark contributions for historically Black colleges and universities and Hispanic serving institutions in the form of scholarships and academic partnerships to increase intern and direct hires.
  • Continue to offer required courses for all team members targeted at inclusion and equity annually for the next 4 years. 
  • By 2025, we expect our management teams to better reflect our customers and the communities we serve.
  • Increase diversity in leadership positions at Director and above by 25% by 2030.
  • Increase the representation of BIPOC in leadership roles at Director and above in our support centers by 20% by 2030.
  • Interview diverse candidates for manager level positions and above.
  • All Directors and above complete the course of Traits of Inclusive Leaders by 2025.

Purpose and Appreciation

  • We will increase our base wage to $15/hour by Spring 2022 in the US.
  • Continue to provide competitive and equitable benefits for all team members, with annual evaluations to determine new trends or team member needs.
  • By 2023, we will provide all retail team members with additional training available on demand to support their professional development.

Love for Our Planet and Products

Human Rights

  • 100% of our strategic indirect suppliers have signed Signet’s Supplier Code of Conduct or have a similar one in place. 
  • 100% of our strategic indirect suppliers are audited for compliance.
  • 100% of our strategic direct and indirect suppliers are increasing access to career opportunities and upward mobility our for women.
  • 100% of strategic direct suppliers are building world-class, safe, and healthy workspaces for the people making our products.
  • 100% of Signet and R2Net key suppliers to be certified RJC members by 2025.
  • Conduct rigorous audits of R2Net suppliers at risk of non-compliance with the D-RSP.
  • Source conflict-free rough diamonds from conflict and high-risk affect areas (e.g., Central Africa) working with artisanal and small-scale miners (“ASM”), and aligned with OECD Due Diligence Guidance.
  • Disclose diamond origin by company and provide economic impact to customers
    for every diamond traceable through De Beers, ALROSA or any other major rough
    diamond source.
  • Continue to build skills and opportunities in the diamond cutting and polishing area through beneficiation in Botswana.

Climate Advocacy

  • Develop a plan and set internal targets for a long-term business strategy that will bring Signet to achieve net-zero greenhouse gas emissions by 2050.
  • Partner strategically with leading Transportation Suppliers in order for Signet to achieve net-zero greenhouse gas emissions by 2050.
  • Signet will use at least 50% recycled content for pulp and paper-based packaging and collateral and 30% recycled content in plastic-based packaging.
  • Signet will create sustainable packaging options for consumer selection in stores and online.
  • Signet will purchase corrugated boxes for use in our supply chain that consists of no less than 60% recycled material.
  • Implement water usage reduction policies in all of the factories and facilities we operate in water-stressed areas.
  • Join the United Nations Global Compact CEO Water Mandate and commit that by 2050 we will have a net positive water impact in water-stressed basins where we operate, ensure our value chain is water resilient; and raise the ambition of water resilience through global leadership. 

Design Innovation and Inclusivity

  • Increase cumulative spend on indirect diverse suppliers to $250M.
  • Co-develop designers and talent in the diamond jewelry sector for Black, Indigenous and People of Color (BIPOC) creative design talent in the United States by adding five BIPOC-owned companies/brands to our vendor list through codevelopment. Includes scholarship, mentoring, and business development through SRSP and RJC membership.
  • Increase merchandise spend to global direct suppliers with active community development and social impact programs that pay living wages and provide livelihoods for women.
  • Provide support for five new female entrepreneurs in the jewelry industry and the communities in which we operate.
  • Improve the lives of women and girls in our supply chain by increasing access to career opportunities and upward mobility for women employed by our key suppliers.
  • Innovate our business model to create products, programs, and services which contribute to the circular economy.