Swatch
Swatch Group, a renowned Swiss watchmaker, is headquartered in Biel/Bienne, Switzerland (CH). Founded in 1983, the company revolutionised the watch industry with its innovative and affordable timepieces, becoming a key player in the global market. Swatch is primarily engaged in the design, manufacturing, and marketing of watches and jewellery, with a focus on combining artistic flair with cutting-edge technology. The brand is celebrated for its unique plastic watches, which offer vibrant designs and exceptional durability, appealing to a diverse audience. Swatch has achieved significant milestones, including the introduction of the Swatch Art Special series, showcasing collaborations with contemporary artists. With a strong market position, Swatch continues to lead in the fashion watch segment, consistently pushing the boundaries of creativity and craftsmanship.
DitchCarbon Score
How does Swatch's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Metal Fabrication industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Swatch's score of 31 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Swatch's reported carbon emissions
In 2023, Swatch reported total carbon emissions of approximately 1,148,978,000 kg CO2e. This figure includes 17,931,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from stationary combustion, mobile combustion, and fugitive emissions. Additionally, Scope 2 emissions accounted for about 34,047,000 kg CO2e, while Scope 3 emissions were significantly higher at approximately 1,097,000,000 kg CO2e, reflecting the broader impact of their supply chain and product use. Over the years, Swatch has shown fluctuations in its emissions. For instance, in 2021, total emissions were about 1,148,978,000 kg CO2e, with Scope 1 and 2 emissions combined reaching approximately 55,385,000 kg CO2e. The company has not publicly committed to specific reduction targets or initiatives, indicating a potential area for future focus in their climate strategy. Overall, while Swatch has made strides in tracking and reporting its emissions, the absence of defined reduction targets suggests that further commitments may be necessary to align with industry standards and global climate goals.
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Get Started| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 18,991,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 00,000,000 | - | 00,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Swatch is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
