Majors

Signet Jewelers Establishes Charity Foundation

MajorsAug 25, 2021

Signet Jewelers Establishes Charity Foundation

It will focus its efforts on underserved women and children, and social change advocacy.

Signet Jewelers established the Signet Love Inspires Foundation and will match select employee donations.
Akron, Ohio—Signet Jewelers has launched its Signet Love Inspires Foundation as it looks to bolster its charitable efforts.

The foundation will use grants to support 501(c)3 nonprofit charitable organizations in the United States, with a focus on underserved women and children as well as social change advocacy.

The jewelry giant recently mapped out its sustainability goals for the next decade, focusing on charity work, inclusion, climate change, and other people-focused initiatives.

Its foundation will encourage team members to focus on social causes that are important to the communities where they live and work.

The company will also match the personal donations of U.S. Signet employees to nonprofits, as long as they meet the criteria, which include being a 501(c)3 nonprofit and being based in the U.S.

It aims to align the charity’s grant-making policy with the United Nation’s Sustainable Development Goals, which includes reducing inequality and providing quality educational opportunities.

This year, the foundation already has provided grants to several nonprofit organizations, including Jewelers for Children, the Equal Justice Initiative, and The Trevor Project.

“Our Purpose is inspiring love. It’s based on a fundamental belief we hold dear: the more love there is in the world, the better the world is for all of us,” said Signet Jewelers CEO Virginia C. Drosos in a press release about the foundation.

 Related stories will be right here … 

The foundation’s board of directors includes Drosos, Chief Financial Officer Joan Hilson, Senior Vice President and General Counsel Stash Ptak, and Senior Vice President and Chief Communications Officer Colleen Rooney.

The governance also includes officers, a grant committee, and a community impact coordinator.

“Our established governance structure enables us to measure impact at every level and communicate progress and results regularly in line with our environmental, social, and governance-related three loves: love for all people, love for our team, and love for our planet and products."

The company’s donations are provided through two other avenues as well.

In addition to the foundation, Signet also has established a team member relief fund, which provides financial grants to eligible team members in countries where the company operates to help them with financial hardship.

Signet also donates via cause marketing programs, including a 22-year partnership with St. Jude Children’s Research Hospital, which has raised $81 million to date.

To learn more about the Signet Love Inspires Foundation, visit the company’s website.
Lenore Fedowis the associate editor, news at National Jeweler, covering the retail beat and the business side of jewelry.

The Latest

Events & AwardsDec 03, 2021
JA New York's Spring Show to Return in 2022

The New Designer Gallery will also make its comeback.

Events & AwardsDec 03, 2021
Gary Roskin Will Receive the 2022 Bonanno Award

Roskin heads the International Colored Gemstone Association, and is a graduate gemologist, author, journalist, and diamond grading expert.

Policies & IssuesDec 03, 2021
Alliance for Responsible Mining Names New Executive Director

Gina D’Amato joins with more than 15 years of experience in sustainable development.

Brought to you by
Train Your Staff Today with Interactive eLearning

Join the prestigious brands, industry organizations and sellers using IGI’s educational services.

CollectionsDec 03, 2021
Piece of the Week: Angely Martinez’s Island Bar Ring

The designer’s memories of beach trips and nature in the Dominican Republic inspired her new opal and pearl collection, “Aqualescence.”

Weekly QuizDec 02, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of Nov. 29-Dec. 3, 2021.
Take the Quiz
FinancialsDec 02, 2021
Signet Raises Guidance Again, Expands Selection of Lab-Grown Diamonds

Its additions include an exclusive lab-grown diamond cut for Zales’ “Vera Wang True” line and a lab-grown option for Kay’s “Leo” cut.

TrendsDec 02, 2021
A New Book on Lover’s Eyes Jewelry Is Out Now

“Lover’s Eyes: Eye Miniatures from the Skier Collection” features more than 130 examples of the much-sought-after antique style.

Brought to you by
3 Tips For Entering the Estate Market

Generate foot traffic and expand your jewelry expertise by adding an estate assortment to your store in partnership with Windsor Jewelers, Inc.

SurveysDec 02, 2021
2021 Will Be the ‘Year of Jewelry,’ Analyst Says

Edahn Golan forecasts a blockbuster holiday season will cap off a stellar year for U.S. jewelry sales.

×