Sincere Watch
Sincere Watch, a prominent name in the luxury watch industry, is headquartered in Singapore (SG) and operates extensively across Asia. Founded in 2001, the company has established itself as a leading retailer and distributor of high-end timepieces, representing prestigious brands such as Rolex, Patek Philippe, and Audemars Piguet. With a commitment to authenticity and exceptional customer service, Sincere Watch has garnered a reputation for its extensive selection of luxury watches and bespoke services. The company’s unique approach to watch retailing, including exclusive events and personalised consultations, sets it apart in a competitive market. Recognised for its dedication to quality and craftsmanship, Sincere Watch continues to thrive, solidifying its position as a trusted authority in the luxury watch sector.
DitchCarbon Score
How does Sincere Watch'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
Sincere Watch's score of 30 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sincere Watch's reported carbon emissions
In 2023, Sincere Watch reported total carbon emissions of approximately 20,857,000 kg CO2e, with emissions distributed across Scope 1, 2, and 3. Specifically, Scope 1 emissions were about 1,089,000 kg CO2e, while Scope 2 emissions accounted for approximately 12,734,000 kg CO2e. The majority of emissions, approximately 17,410,000 kg CO2e, fell under Scope 3, indicating significant indirect emissions associated with their value chain. In 2022, the company had a total of about 81,870 kg CO2e, with Scope 1 emissions at approximately 1,381,000 kg CO2e and Scope 2 emissions at around 13,171,000 kg CO2e. This shows a notable increase in emissions from 2022 to 2023, particularly in Scope 3 emissions. Sincere Watch has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. Overall, Sincere Watch's emissions data highlights the need for enhanced climate action and transparency in their sustainability efforts.
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Add to project| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 6,280 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 2 | 215,210 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 10 | 00,000,000 | 00,000,000 | 00,000,000 | - |
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.
Sincere Watch 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.
