Chopard Holding
Chopard Holding SA, commonly known as Chopard, is a prestigious Swiss luxury watchmaker and jeweller headquartered in Geneva, Switzerland (CH). Founded in 1860, the company has established itself as a leader in the luxury goods industry, renowned for its exquisite craftsmanship and innovative designs. Chopard operates globally, with a significant presence in Europe, Asia, and the Americas. The brand is celebrated for its high-end watches and fine jewellery, including the iconic Happy Diamonds collection, which features moving diamonds that dance between two sapphire crystals. Chopard's commitment to sustainability and ethical sourcing further distinguishes its offerings in a competitive market. With numerous accolades, including partnerships with prestigious events like the Cannes Film Festival, Chopard continues to uphold its reputation as a symbol of luxury and elegance in the world of horology and fine jewellery.
DitchCarbon Score
How does Chopard Holding'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 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
Chopard Holding's score of 26 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chopard Holding's reported carbon emissions
Chopard Holding, headquartered in Switzerland, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established clear targets for the future. Chopard is committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 55% by 2030, using 2022 as the base year. Additionally, the company aims to decrease its Scope 3 emissions from employee commuting by 25% within the same timeframe. To support these goals, Chopard plans to increase its sourcing of renewable electricity from approximately 85% in 2022 to 100% by 2030. Furthermore, the company has committed to ensuring that 80% of its suppliers, based on emissions from purchased goods and services, will have science-based targets by 2028. These initiatives reflect Chopard's dedication to aligning with industry standards and contributing to global climate efforts, although the company has not yet committed to a net-zero target.
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.
Chopard Holding is committed to some 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.
