Reporting Boundary: London store (7 Carlos
Place W1K 3AR)
Emission sources: electricity, T&D, natural gas, water, waste, business travel, paper use
Reporting Period: 1 Jan 2019 –31 Dec 2019
We engage our employees and wider stakeholders to unlock their talent and knowledge to drive year on year progress in sustainability.
We recognise that transparent communication is essential for transformational change and we quantifiably contribute to 4 SDG’s.
Jessica McCormack, a designer of exceptional diamond jewellery for the modern woman and creator of heirlooms for future generations, has achieved Planet Mark certification.
This is Jessica McCormack’s first year of business carbon footprint reporting. Jessica McCormack total carbon footprint in year ending December 2019 was 27.7 tCO2e and the relative carbon footprint was 0.9 tCO2e per employee.
It first calculated the carbon footprint of its Carlos Place shop for the year ending December 2019 and set a target to reduce emissions by 5% annually. This year’s footprint includes emissions from purchased electricity, natural gas, transmission and distribution losses, waste, water, business travel and paper usage.
Electricity accounts for 40% of the total carbon emissions, air travel accounts for 35% and natural gas for 19%. Other Scope 3 emissions (T&D, waste, water, paper) account for 6% of total emissions.
I’m so pleased to have Jessica McCormack join us at Planet Mark. The company shows that beauty and sustainability can go hand in hand, and the ethos of the brand is in a prime position to make great strides to reduce its carbon footprint, and serve as an exemplar to the industry as a whole. Measuring the brand’s carbon footprint and pledging to reduce it is the first step in that journey. I look forward to working more with Jessica McCormack and seeing the progress made.”
First year certification is based on the commitment to continuous improvement in sustainability in its business operations by measuring and reducing its carbon footprint and engaging its stakeholders.
Jessica McCormack has often talked of the value of sustainability, and incorporated sustainable principles into her work. Much of McCormack’s work involves the circular principles of reworking vintage jewellery and jewellery boxes for the modern customer. ‘Upcycling’ is embedded into the work McCormack does, often working directly with client’s existing jewellery to help them revitalise collections. McCormack’s philosophy is that diamonds are to be worn, not locked away and wasted.
Luxury brands must seize the opportunity created as customers long for sustainable products. The sector is at an inherent competitive advantage, with products and relationships with customers designed to stand the test of time, and an emphasis on quality over quantity. However, this ethos must be combined with an objective and scientific approach to sustainability that encompasses a company’s entire supply chain.
As part of the Planet Mark certification, Jessica McCormack has committed to make a year-on-year reduction.