Rolex Sustainability Profile
Rolex SA, a prestigious Swiss luxury watchmaker, is headquartered in Geneva, Switzerland (CH). Founded in 1905, Rolex has established itself as a leader in the horology industry, renowned for its precision and craftsmanship. The company primarily operates in Europe, Asia, and the Americas, with a strong presence in the luxury market. Rolex is celebrated for its iconic timepieces, including the Submariner, Daytona, and Datejust, each distinguished by innovative features such as waterproof cases and self-winding movements. The brand's commitment to quality and excellence has earned it numerous accolades, solidifying its position as a symbol of success and sophistication. With a legacy of pioneering advancements in watchmaking, Rolex continues to set the standard for luxury watches worldwide.
DitchCarbon Score
How does Rolex'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 Medical Device Manufacturing 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
Rolex's score of 31 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Rolex's reported carbon emissions
Rolex SA, headquartered in Switzerland (CH), has set ambitious climate commitments aimed at significantly reducing its greenhouse gas (GHG) emissions. Although specific emissions data for the most recent year is not available, Rolex has established clear reduction targets through the Science Based Targets initiative (SBTi). The company commits to reducing its absolute Scope 1 and Scope 2 GHG emissions by 42% by the year 2030, using 2021 as the baseline year. Additionally, Rolex aims to achieve a 25% reduction in its total Scope 3 emissions within the same timeframe. These targets encompass land-related emissions and removals from bioenergy feedstocks, reflecting a comprehensive approach to climate action. Rolex's targets are aligned with the necessary reductions to limit global warming to 1.5°C, demonstrating its commitment to sustainability within the luxury goods sector. As of now, Rolex has not reported any net-zero commitments or long-term targets beyond 2030. The company’s proactive stance on climate change positions it as a responsible leader in the industry, focusing on both operational and supply chain emissions.
How Carbon Intensive is Rolex's Industry?
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Rolex's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Rolex has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
