Chrono24 GmbH, headquartered in Germany, is a leading online marketplace for luxury watches, connecting buyers and sellers across the globe. Founded in 2003, the company has established itself as a prominent player in the watch industry, facilitating transactions in major markets including Europe, North America, and Asia. Specialising in the sale of new and pre-owned timepieces, Chrono24 offers a unique platform that ensures secure transactions and a vast selection of high-end brands. Its commitment to transparency and customer satisfaction has garnered a loyal user base, making it a trusted name in the luxury watch sector. With millions of listings and a strong market presence, Chrono24 continues to set the standard for online watch sales, reflecting its dedication to innovation and excellence in the industry.
How does Chrono24 GmbH'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.
Mean score of companies in the Retail Trade Services 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.
Chrono24 GmbH's score of 24 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Chrono24 GmbH reported total carbon emissions of approximately 7,000,000 kg CO2e, comprising 736,400 kg CO2e from Scope 1, 132,400 kg CO2e from Scope 2, and about 6,175,330 kg CO2e from Scope 3 emissions. This data reflects a consistent emission profile with the previous year, 2021, where emissions were identical across all scopes. Chrono24 has not established specific reduction targets or initiatives, nor does it participate in recognised climate pledges such as the Science Based Targets initiative (SBTi). The company has not cascaded emissions data from any parent organisation, indicating that all reported figures are independently sourced. As a player in the online luxury watch marketplace, Chrono24's emissions profile highlights the significant impact of Scope 3 emissions, which typically encompass the broader supply chain and customer-related activities. The absence of reduction commitments suggests an opportunity for the company to enhance its sustainability strategy and align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | |
---|---|---|
Scope 1 | 736,400 | 000,000 |
Scope 2 | 132,400 | 000,000 |
Scope 3 | 6,175,330 | 0,000,000 |
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.
Chrono24 GmbH is not participating in any of the initiatives that 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.