IWC Schaffhausen New Certification
The brand attains RJC’s new level of certification.
IWC Schaffhausen has become the first luxury watch brand to meet the new 2019 Code of Practices (COP) standard set by the Responsible Jewellery Council (RJC). By attaining this certification, the Swiss manufacturer reaffirms its commitment to the responsible sourcing of precious materials and a new benchmark of sustainability for the industry.
Since it was founded in 2005, the RJC has provided a clear Code of Practices (COP) for members within the watch and jewellery sector, from mining to retail, to ensure ethical, social and environmental responsibility. IWC first joined the leading global standards organisation in 2012, gaining the 2013 COP certification in both 2014 and 2017.
IWC Schaffhausen © IWC Schaffhausen
Last year, the RJC unveiled a revised version of their COP standard, which included stronger provisions for responsible business practices, activities and supply chain management. As soon as these revised standards came into force, IWC, due for recertification and eligible to choose either Code, asked to be recertified to the new 2019 COP standard. Opening the business to be verified by independent third-party auditors, the company was judged to be compliant with all applicable laws and regulations. The audit also recognised IWC’s adoption of good practices beyond what is legally required, including in sourcing, employer responsibility, customer interactions and our investment in our local communities.
“IWC is honoured to become the first Swiss luxury watch brand to receive this more stringent level of certification,” explained IWC’s CMO and Sustainability Committee Chair Franziska Gsell. “Being a member of the RJC allows us to examine every aspect of our business through their well-respected lens to ensure we are meeting the rising ethical demands of our consumers and employees. Our product is designed to last for generations, and becomes truly sustainable when it is made responsibly.”
The RJC also offers a voluntary ‘Chain of Custody’ (CoC) standard that defines an approach for companies to handle and trade gold, silver and platinum group metals in a way that is fully traceable and responsibly sourced. IWC is now working with its carefully selected suppliers to become one of the first Swiss watch brands to attain this CoC certification of specific gold components.
“We believe that being COP certified accurately illustrates our dedicated efforts to securing a responsible supply chain,” Franziska Gsell added. “As we continue to conduct our business in this socially and environmentally sustainable manner, our next aim is to lead the way in Swiss watch manufacturing by being audited for CoC certification to reflect further the very great care we take in sourcing our materials.”
“We would like to congratulate IWC on achieving re-certification for our 2019 Code of Practices standardy,” said Iris Van der Veken, Executive Director of the Responsible Jewellery Council. “They have been a long-term supporter of the RJC and have shown strong commitment towards implementing and promoting responsible business practices in their supply chain. In this era of trust and resilience, now more than ever there is a need for more companies like IWC to inspire, take action and commit towards a journey of purpose and continuous improvement.”
With a clear emphasis on technology and development, IWC Schaffhausen has been manufacturing timepieces of lasting value since 1868. Its philosophy, based on a passion for watchmaking, aims to maintain a spirit of indefatigable initiative and impeccable craftsmanship.Find out more >
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