Fostering Nature and Inclusiveness: WJI 2030’s Roadmap for a Sustainable Jewelery Industry

Driving nature-positive and inclusive action across the luxury watch and jewelry sector.

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1. Company at a Glance

In this case study, we discover how the Watch & Jewellery Initiative 2030 (WJI 2030) is driving collective action on nature, climate and inclusiveness across the luxury watch and jewellery sector. Through the creation of the industry’s first Nature Roadmap and supporting Action Framework, the Initiative has provided companies of all sizes with practical tools, capacity-building resources and scalable pathways to integrate biodiversity and climate resilience into their operations. By fostering multistake-holder collaboration, strengthening governance and leveraging technology, WJI 2030 demonstrates how an entire industry can align around a science-based vision to achieve lasting, nature-positive transformation.

WJI 2030 is a multi-stakeholder action platform founded by Cartier, delegated by Richemont and Kering in 2022. It brings together companies from the watch and jewellery industry to accelerate positive action across the interconnected topics of climate resilience, resource preservation and inclusiveness.

Luxury Watch & Jewelry

Industry

Geneva, Switzerland

Headquarters

2022

Founded

2. The Challenge

The luxury watch and jewellery industry faces increasing pressure to address its impacts relating to biodiversity loss, climate change and inclusiveness across its value chain. Civil society organizations and NGOs have published extensive evidence showing the sector’s dependence on healthy ecosystems for water, raw materials and community livelihoods. Investors and financial institutions are increasingly integrating nature-related criteria into ESG evaluations and funding decisions. Local communities affected by mining and processing operations have shared firsthand accounts of ecosystem degradation and water scarcity. Stakeholders, from investors to customers, are demanding credible action and measurable results, while regulators and international frameworks are setting more ambitious expectations. 

Within this context, WJI 2030 identified the need for an industry-wide approach that could transform individual efforts into a collective roadmap for impact. By focusing on nature, biodiversity, and fostering inclusiveness, the Initiative sought to strengthen account-ability, scale positive outcomes, and ensure long-term resilience for companies operating in this sector. The challenge was therefore twofold: addressing urgent environmental priorities while creating alignment across diverse actors in a traditionally fragmented industry. To achieve this, it was essential to develop a common approach that could resonate with all industry players while providing sector-specific context to the nature challenge.

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3. The Action

1

Mapping Priorities and Setting the Roadmap

The Initiative began with a sector-wide needs assessment to identify the most material issues for the watch and jewellery sector, with a strong emphasis on nature conservation, biodiversity and inclusiveness. In January 2024, a baseline survey was launched— designed by Boston Consulting Group, BSR, and The Biodiversity Consultancy—to take stock of progress. Completed by all members, the survey gathered over 80 data points to assess current efforts across the three pillars of climate, resource preservation and fostering inclusiveness, as well as maturity in ESG reporting and disclosure. The results highlight-ed challenges, opportunities and needs across different parts of the value chain, helping to define clear priorities for the sector and guide the Initiative’s next steps. 

 

This process culminated in the launch of the Nature Roadmap in June 2024. While it was intended for companies operating in the watch and jewellery sector, the Initiative has already received feedback from organizations and companies from other sectors as well, who have read and used it. The Roadmap provides companies with clear milestones, best practices and sciencebased targets to guide their transition toward a nature-positive future, while ensuring alignment with global sustainability frameworks.

2

Engaging Stakeholders in Co-Creation

Stakeholders played a central role in shaping the Initiative. Civil society organizations, NGOs, investors, industry associations and local communities all contributed insights on ecosystem risks, water scarcity factors and supply chain dependencies. These contributions helped refine priorities, build trust and foster shared ownership of the project. The Roadmap was therefore designed not only as a technical guide but also as a collective vision for the entire industry

3

Strengthening Governance and Leadership

Recognizing the importance of credibility, WJI 2030 reinforced its governance structures with transparent roles, clear decision-making procedures and monitoring mechanisms. Leadership from frontrunner brands such as Kering, Cartier and Chanel— who brought over a decade of experience in sustainability topics—was instrumental in inspiring and guiding other companies across the sector. This combi-nation of strong governance and visible leadership created confidence both within the industry and among external partners.

4

Aligning with Global Standards and Frameworks

The Roadmap was deliberately anchored to international frameworks on climate, nature and human rights, including the UN Guiding Principles on Business and Human Rights, and efforts by WWF, IUCN, WBCSD, WEF, TNFD and others. This ensured that the tools developed were credible, science-based and responsive to evolving regulatory and stakeholder expectations.

5

Developing Practical Tools and Capacity-Building Resources

To move from strategy to implementation, WJI 2030 launched the Nature Action Playbook, a practical guide with 20 concrete steps supported by templates, dedicated guidance and expected outcomes. Each step covers areas such as strategy, governance, resourcing and materiality assessments. The Playbook was designed to be accessible to companies of all sizes, including SMEs with limited capacity. 

 

One of the central actions was the development and pilot implementation of the Nature Action Playbook, which is currently being tested with WJI 2030 member companies. The pilot follows a three-stage process. First, the guidance was created and intro-duced to members through webinars and interactive help desk sessions, allowing companies to clarify doubts from the outset. In the second stage, companies began to use the Playbook independently, while continuing to receive support from techni-cal experts via regular help desk sessions. In the final phase, the Initiative is work-ing closely with various types of member companies to assess how they apply the Playbook, identify challenges and document solutions. These insights will be used to refine the Playbook before it becomes open-source, ensuring that the final guidance is practical, user-friendly and grounded in real company experiences.

 

Moreover, it has been embedded into a digital platform that combines progress reporting aligned with evolving regulations and capacity-building resources. This simplified implementation and account-ability while providing hands-on support, such as regular help desk sessions with technical experts.

6

Fostering Advocacy and Public Engagement

Beyond internal action, WJI 2030 has actively promoted the Nature Roadmap through global platforms such as Business for Nature. By positioning the Roadmap as a living document, updated at least once a year, WJI 2030 ensures it evolves with new scientific knowledge, regulatory changes and user feedback—while also serving as a reference point across the industry and beyond.

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4. Overcoming Barriers

1

Emerging Nature Topic

The novelty and complexity of nature-related action made it difficult to understand where to begin or how to coordinate efforts across the sector. With little existing guidance, companies lacked the foundational knowledge to take action. To address this, the Initiative recognized early on that education was essential. Through a Learning Journey—featuring webinars, workshops, expert support and peer exchanges— members were gradually equipped with the understanding and confidence needed to integrate nature into their business strategies, transforming an initial knowledge gap into a continuous and collaborative learning process.

2

Varying Levels of Maturity Across Companies

One of the main barriers was the significant difference in maturity, resource availability and internal processes between larger companies and SMEs within the same value chain. While some companies had prior experience and dedicated teams working on nature topics, many SMEs were only beginning their sustainabil-ity journey. This created challenges in alignment and coordination, especially since SMEs often occupied key midstream roles that directly influenced downstream companies. Bridging this gap involved building mutual understanding, with larger companies sharing their expertise with SMEs and SMEs giving feedback on local insights and issues on the ground.

3

Highly Technical and Scientific Demands

Addressing biodiversity, ecosystem services and risk assessments demanded deep scientific and technical expertise. Most companies lacked this knowledge in-house, which made external engagement with experts and organizations indispensable.

4

Complex and Fragmented Regulatory Landscape

Nature-related regulations are complex, regionally specific and constantly evolving. This makes it challenging to develop standardized guidance or anticipate compliance requirements across diverse geographies and supply chains.

5

Lack of Clear Pathways for Education and Capacity Building

Few accessible industry-specific resources existed to help businesses build inter-nal knowledge and skills on nature topics. Identifying clear, practical pathways to upskill teams and engage stakeholders is a journey of continuous improvement.

5. Impacts & Results

Most Impactful Outcome

The creation of a shared, science-based foundation for nature action across the industry, uniting brands, experts and stakeholders under a common vision for nature-positive transformation

Industry’s First Nature Roadmap

WJI 2030 developed the first-ever Nature Roadmap for the luxury watch and jewellery sector, co-created with leading experts and organizations to guide companies from strategy to implementation

Launch of the Impact Action Journey Framework

A practical tool embedded into the ESG Book technology platform, enabling companies to simplify sustainability efforts through real-time disclosure, continuous updates, and a unified reporting standard aligned with evolving regulations.

Quantifiable Engagement

As of September 2025, 50 companies are actively engaging with the Action Framework during this pilot phase. The ambition is to get all WJI 2030 member companies using the framework. All the learnings will contribute to updating the Solution. All the tools are scalable and can be used across-industries.

Strengthened Stakeholder Trust

Publicly available tools curated by WJI 2030 enhance transparency and collaboration, supporting stronger relationships across the value chain.

Water Stewardship Workstream

The roadmap was updated to include a dedicated water focus, with deliverables such as a Water Stewardship Implementation Guide and a Water Stewardship Assessment Tool. These resources aim to move companies from awareness to action, building resilience across high-risk basins. Even after materials are released as open source, the WJI 2030 ensures periodic reviews to maintain regulatory and policy relevance and enhance the case studies in all resources.

6. Key Lessons Learned

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"Sustainability is about business innovation and resilience. We would not compete with Mother Nature. Only through smart partnerships we can scale responsible solutions across the value chain."

 

Iris Van der Veken, Executive Director and Secretary General, WJI 2030

Recommended UN Global Compact resources available to support your journey:

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Biodiversity Fundamentals: The Business Case for Action

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Nature Deep Dive Series

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Delivering on net-positive water impact for growth and resilience

Download Case Study

Fostering Nature and Inclusiveness: Watch & Jewelry Initiative 2030 Roadmap for a Resilient Watch and Jewelry Industry

Disclaimer: This case example is intended strictly for learning purposes and does not constitute an endorsement of the individual companies by the UN Global Compact.