Swarovski
Swarovski, officially known as Swarovski AG, is a renowned Austrian company headquartered in Switzerland (CH). Established in 1895, it has become a leader in the luxury crystal industry, specialising in precision-cut crystal glass and innovative design. With a strong presence in Europe, Asia, and the Americas, Swarovski operates in the fashion, jewellery, and home décor sectors. The brand is celebrated for its exquisite crystal products, including jewellery, figurines, and lighting solutions, which are distinguished by their exceptional craftsmanship and brilliance. Over the years, Swarovski has achieved significant milestones, including collaborations with high-profile designers and a commitment to sustainability. As a market leader, Swarovski continues to set trends in the luxury sector, maintaining a reputation for quality and elegance that resonates with consumers worldwide.
DitchCarbon Score
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.
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
Swarovski's score of 43 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swarovski's reported carbon emissions
In 2023, Swarovski reported total carbon emissions of approximately 311,902,000 kg CO2e. This figure includes 35,825,000 kg CO2e from Scope 1 emissions, 15,594,000 kg CO2e from Scope 2 emissions (market-based), and a significant 260,483,000 kg CO2e from Scope 3 emissions. This represents a decrease from 2022, where total emissions were about 349,448,000 kg CO2e, with Scope 1 at 39,472,000 kg CO2e, Scope 2 at 17,629,000 kg CO2e (market-based), and Scope 3 at 292,346,000 kg CO2e. Swarovski has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 47% and Scope 3 emissions by 28% by 2030, using 2019 as the base year. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The company is also committed to achieving net-zero emissions by 2050, with long-term targets currently being established in collaboration with the SBTi. These commitments reflect Swarovski's dedication to sustainability and its proactive approach to addressing climate change within the textiles, apparel, footwear, and luxury goods sector.
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| 2019 | 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 |
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.
Swarovski is participating in some of the initiatives that 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.
