Sustainability
Carbon Neutrality & Reporting
For the year 2023, Excellent Facets was certified as carbon neutral by a trusted third-party auditor, Growlity Inc. We announced this by publishing our first Annual Sustainability Report, which details our emissions by category in compliance with ISO 14064-1:2019 and GHG Protocol standards. You can see the report below, along with the supporting documents for assurance purposes.
Science-Based Targets Initiative
UN Sustainable Development Goals
No Poverty
Good Health & Wellbeing
Quality Education
Gender Equality
Affordable & Clean Energy
Decent Work & Economic Growth
Industry Innovation & Infrastructure
Reduced Inequalities
Sustainable Cities & Communities
Responsible, Production & Consumption
Climate Action
Life On Land
Peace, Justice & Strong Institutions
01. No Poverty
We prioritize suppliers and subcontractors who offer above-market wages and positive working conditions, even if it means higher costs. This is especially crucial with vendors in India. Additionally, we support organizations like Diamonds Do Good and Share & Care Foundation, which empower individuals in economically challenged communities and bolster the natural diamond industry.
03. Good Health & Wellbeing
We adhere to the Universal Declaration of Human Rights, promoting safe and dignified working conditions. We also contribute to healthcare-focused charities, including Doctors Without Borders, UNICEF, and American Red Cross, that provide emergency relief and healthcare in impoverished regions, especially for children.
04. Quality Education
We offer lifelong learning opportunities to our team and their families, supporting education through upskilling and allowing team members to partially homeschool their children during work hours. Our philanthropic contributions to education-focused organizations, like UNICEF and Diamonds Do Good, help improve access to education in underprivileged communities.
05. Gender Equality
With 37% of our team identifying as female, we support gender equality and are signatories of the Women's Empowerment Principles (WEPs). We have an upskilling program to train female team members for management roles, promoting gender diversity and career growth.
08. Decent Work & Economic Growth
We prioritize a positive work environment, paying above-market salaries, providing generous benefits, and promoting work-life balance in our New York and Geneva offices. We also prefer suppliers who offer positive conditions to their employees, even at a higher cost.
09. Industry Innovation & Infrastructure
Our operational practices use advanced technologies, like in-house machines to test for synthetic diamonds and iTraceiT, a blockchain-based traceability solution. This enhances the quality and integrity of our sourcing processes.
10. Reduced Inequalities
We are committed to equality and diversity, with 100% of our New York office staff identifying as underrepresented minorities. Our Equal Opportunity Employer Policy underscores our dedication to social justice and fairness in the workplace.
11. Sustainable Cities & Communities
All team members use public transportation, reducing transportation-related emissions and supporting sustainable urban living.
12. Responsible, Production & Consumption
All team members use public transportation, reducing transportation-related emissions and supporting sustainable urban living.
13. Climate Action
We prioritize suppliers and subcontractors who offer above-market wages and positive working conditions, even if it means higher costs. This is especially crucial with vendors in India. Additionally, we support organizations like Diamonds Do Good and Share & Care Foundation, which empower individuals in economically challenged communities and bolster the natural diamond industry.
15. Life On Land
Our green growth initiative promotes tree planting to sequester carbon dioxide and boost biodiversity. We offset Scope 2 emissions with Terrapass's Green e-Certified Renewable Energy Certificates, supporting local reforestation and renewable energy projects. We also provide separate appliances and options for our vegetarian and vegan staff.
16. Peace, Justice & Strong Institutions
We adhere to ethical standards set by leading industry bodies like the Responsible Jewelry Council, World Diamond Council, and the Kimberley Process. Our commitment reflects our values in promoting positive change, social inclusivity, and global well-being.