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Swarovski, officially **Swarovski AG**, is a renowned global luxury brand celebrated for its exquisite crystal creations. Headquartered in Switzerland (CH), this iconic company operates within the retail trade services sector, specialising in luxury goods and personal accessories.
Founded in 1895 by Daniel Swarovski, the company revolutionised crystal cutting, establishing a legacy of precision and innovation. Swarovski's core business encompasses the design, manufacture, and sale of crystal jewellery, watches, home décor, and collectables, distinguished by their unparalleled brilliance and meticulous craftsmanship.
Today, Swarovski holds a prominent position as a leading purveyor of luxury crystal products worldwide. Its distinctive sparkle and commitment to artistry continue to captivate customers across diverse international markets.
+22 vs industry average
Swarovski’s score of 58 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Swarovski, headquartered in Switzerland and operating in retail trade services, reported total GHG emissions of approximately 266,126,000 kg CO2e for 2024. This figure comprises about 34,011,000 kg CO2e from Scope 1, approximately 15,407,000 kg CO2e from Scope 2 (market-based), and around 216,708,000 kg CO2e from Scope 3 emissions.
For 2023, the company's total GHG emissions were approximately 279,038,000 kg CO2e, with Scope 1 at about 35,825,000 kg CO2e, Scope 2 (market-based) at approximately 15,594,000 kg CO2e, and Scope 3 at around 227,619,000 kg CO2e. In 2022, total emissions were approximately 324,907,000 kg CO2e, including about 39,472,000 kg CO2e for Scope 1, approximately 16,947,000 kg CO2e for Scope 2 (market-based), and around 268,488,000 kg CO2e for Scope 3.
Swarovski has set Science Based Targets initiative (SBTi) approved near-term and long-term reduction targets. The company commits to reducing absolute Scope 1 and 2 GHG emissions by 72.0% and absolute Scope 3 GHG emissions by 65.0% by 2035, against a 2019 base year. For its long-term goals, Swarovski aims to reduce absolute Scope 1 and 2 GHG emissions by 90.0% and absolute Scope 3 GHG emissions by 90.0% by 2050, also from a 2019 base year. These commitments align with achieving net-zero greenhouse gas emissions across the entire value chain by 2050.
2050
90% reduction in scope 3 total
Swarovski commits to reduce absolute scope 3 GHG emissions 90.0% by 2050.
2035
72% reduction in Scope 2
Swarovski commits to reduce absolute scope 2 GHG emissions 72.0% by 2035 from a 2019 base year.
2035
65% reduction in scope 3 total
Swarovski also commits to reduce absolute scope 3 GHG emissions 65.0% within the same timeframe.
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Common questions about Swarovski’s sustainability data and climate commitments
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