Swarovski-Optik KG

Swarovski-Optik KG, an Austrian company in the Medical, precision and optical instruments, watches and clocks sector, has established ambitious climate commitments.

Climate Commitments:

Swarovski-Optik KG is committed to achieving net-zero greenhouse gas emissions across its value chain by 2040. This long-term goal is supported by both near-term and long-term emission reduction targets, aligned with a 1.5°C pathway.

• Near-Term Targets (by 2030, from a 2022 base year):

  • A 70.0% reduction in absolute Scope 1 greenhouse gas (GHG) emissions.
  • A 70.0% reduction in absolute Scope 2 GHG emissions.
  • A 50.0% reduction in absolute Scope 3 GHG emissions.

• Long-Term Targets (by 2040, from a 2022 base year):

  • A 90.0% reduction in absolute Scope 1 GHG emissions.
  • A 90.0% reduction in absolute Scope 2 GHG emissions.
  • A 90.0% reduction in absolute Scope 3 GHG emissions, covering purchased goods and services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, and employee commuting.

Emissions Data:

No specific absolute emissions data for Swarovski-Optik KG is available in the provided information. Therefore, the focus remains on their detailed reduction targets.

Data Cascading:

Swarovski-Optik KG's climate targets are derived from its parent company, Swarovski AG, indicating that these commitments are cascaded through the corporate family structure. The Science Based Targets initiative (SBTi) data for Swarovski-Optik KG is sourced from "Swarovski-Optik KG" itself with a cascade level of 0, but performance data originates from "Swarovski AG" at cascade level 2, as Swarovski-Optik KG is a current subsidiary.