Movado
Movado Group, Inc., a renowned name in the luxury watch industry, is headquartered in Switzerland (CH) and operates globally, with a strong presence in North America and Europe. Founded in 1881, Movado has established itself as a leader in innovative timepiece design, known for its iconic Museum dial, which features a minimalist aesthetic and a single dot at 12 o'clock, symbolising the sun at high noon. The company offers a diverse range of watches, including the Movado Bold and Movado Museum collections, distinguished by their craftsmanship and modern elegance. Movado's commitment to quality and design has earned it numerous accolades, solidifying its position as a prestigious brand in the luxury watch market. With a rich heritage and a focus on innovation, Movado continues to captivate watch enthusiasts worldwide.
DitchCarbon Score
How does Movado'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 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.
Industry Benchmark
Movado's score of 27 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Movado's reported carbon emissions
In 2023, Movado reported total carbon emissions of approximately 55,000,000 kg CO2e, with emissions distributed across all three scopes. Specifically, Scope 1 emissions accounted for about 330,000 kg CO2e, while Scope 2 emissions were approximately 2,654,000 kg CO2e. The majority of their emissions, around 52,039,000 kg CO2e, fell under Scope 3, which includes categories such as purchased goods and services (22,038,000 kg CO2e) and upstream transportation and distribution (17,929,000 kg CO2e). Movado has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively monitoring its emissions and has reported its emissions intensity as 0.07 kg CO2e per USD of revenue for the fiscal year 2023. This indicates a focus on integrating sustainability into their operations, although further details on specific reduction strategies or commitments are not available. Headquartered in Switzerland (CH), Movado is positioned within the global watchmaking industry, which is increasingly prioritising sustainability and climate action.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | |
|---|---|
| Scope 1 | 330,000 |
| Scope 2 | 2,654,000 |
| Scope 3 | 52,039,000 |
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.
Movado 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.
