Swarovski AG, a renowned name in the luxury crystal industry, is headquartered in Wattens, Austria. Founded in 1895 by Daniel Swarovski, the company has established itself as a leader in the design and manufacture of precision-cut crystal glass. With a strong presence in Europe, Asia, and the Americas, Swarovski operates across various sectors, including jewellery, fashion accessories, and home décor. The brand is celebrated for its exquisite crystal creations, which are distinguished by their exceptional quality and innovative designs. Notable milestones include the introduction of the iconic Swarovski crystal figurines and collaborations with high-fashion designers. As a market leader, Swarovski has garnered numerous accolades, solidifying its reputation for elegance and craftsmanship in the luxury goods sector.
How does Swarovski'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.
Swarovski's score of 47 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Swarovski reported total carbon emissions of approximately 311,902 tonnes CO2e. This figure includes 35,825 tonnes CO2e from Scope 1 emissions, 15,594 tonnes CO2e from Scope 2 emissions, and a significant 260,483 tonnes CO2e from Scope 3 emissions. Over the past few years, Swarovski has made notable progress in reducing its carbon footprint. From a total of about 472,868 tonnes CO2e in 2019, emissions decreased to 331,182 tonnes CO2e in 2020, and further to 362,790 tonnes CO2e in 2021. By 2022, emissions were reported at 349,448 tonnes CO2e, demonstrating a downward trend leading to the latest figure in 2023. Swarovski has committed to ambitious climate targets, aiming for a 47% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2030, based on 2019 levels. Additionally, the company plans to reduce its absolute Scope 3 emissions by 28% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 48,558,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 41,566,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 382,744,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Swarovski is committed to some 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.