Section 3
PLANET
We are committed to the green transition, focusing on decarbonisation and biodiversity as key priorities in our sustainability efforts.
Reducing our environmental impact starts with understanding it, which is why we partner with ESG consultancy Cemasys to measure and analyse our footprint. This data-driven approach allows us to make informed decisions, improve supply chain engagement, and drive meaningful progress in emissions management.
Acquiring accurate data enables us to create long-term strategies for validated impact reduction. By sharing our progress and learnings, we aim to contribute to and promote a culture of transparency within our industry.
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Growing responsibly
INTRODUCING INTENSITY BASED EMISSIONS
As Tom Wood continues to grow, we recognize the importance of measuring our environmental impact in a way that reflects our business expansion.
To achieve this, we’re introducing an emissions intensity factor with this year’s report, which will track our emissions relative to revenue over time.
This approach will provide a clearer understanding of whether we are decoupling emissions from growth, helping us assess our progress in reducing our carbon footprint while scaling responsibly.
In 2022, Tom Wood made the strategic move to focus wholly on our core identity as a jewellery house, discontinuing our ready-to-wear line. This shift allowed us to concentrate our efforts and dedicate resources towards innovating and driving sustainable change within the jewellery industry.
Note: Our jewellery is crafted with precision and care, a process that takes approximately 3-4 months to complete. As a result of this lead time, there is a natural timing difference between when the emissions from production and corresponding revenues are recognized in our reporting.
Our enviromental impact
Our environmental impact has been broken down by scopes and categories per the GHG Corporate Standard and is expressed in carbon dioxide equivalents (CO2e).
Nature & Biodiversity
Tom Wood prioritises biodiversity as a key area of our sustainability efforts, aligning with the WJI 2030 pillar: preserving resources.
Recognising the vital role of natural ecosystems in providing high-quality materials, we integrate nature risks into our supplier due diligence, ensuring responsible sourcing and conservation of ecosystems. This commitment underscores our dedication to environmental protection, reflecting our responsibility towards utilising recycled materials, responsible production and the preservation of the planet for future generations.
We’ve conducted our first biodiversity materiality assessment and established a Nature Roadmap aligned with WJI 2030 guidelines. We will prioritise and develop action plans in areas where we have the most significant biodiversity impacts.
Learn more about our responsibility efforts:
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