Ditchcarbon
  • Contact
  1. Organizations
  2. Swatch
Public Profile
Metal Fabrication
CH
updated 3 days ago

Swatch

Company website

Swatch Group, a renowned Swiss watchmaker, is headquartered in Biel/Bienne, Switzerland (CH). Founded in 1983, the company revolutionised the watch industry with its innovative and affordable timepieces, becoming a key player in the global market. Swatch is primarily engaged in the design, manufacturing, and marketing of watches and jewellery, with a focus on combining artistic flair with cutting-edge technology. The brand is celebrated for its unique plastic watches, which offer vibrant designs and exceptional durability, appealing to a diverse audience. Swatch has achieved significant milestones, including the introduction of the Swatch Art Special series, showcasing collaborations with contemporary artists. With a strong market position, Swatch continues to lead in the fashion watch segment, consistently pushing the boundaries of creativity and craftsmanship.

DitchCarbon Score

How does Swatch'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.

52

Industry Average

Mean score of companies in the Metal Fabrication 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.

20

Industry Benchmark

Swatch's score of 52 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

Let us know if this data was useful to you

Swatch's reported carbon emissions

In 2024, Swatch reported total carbon emissions of approximately 1,261,054,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,218,000,000 kg CO2e. Scope 1 emissions were about 17,002,000 kg CO2e, while Scope 2 emissions totalled approximately 26,052,000 kg CO2e. The previous year, 2023, saw total emissions of about 1,384,978,000 kg CO2e, with Scope 3 emissions at approximately 1,333,000,000 kg CO2e. Swatch has set ambitious climate commitments, aiming to reduce stationary emissions (Scope 1) by 65% by 2030 and to achieve net-zero emissions by 2040. Additionally, the company plans to cut emissions from electricity (Scope 2) by 50% by 2030, 95% by 2040, and reach zero by 2050. These targets reflect Swatch's commitment to addressing its carbon footprint and aligning with industry standards for climate action. The emissions data is sourced from The Swatch Group AG, and no cascading from a parent company was noted.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2021202220232024
Scope 1
20,422,000
-
-
00,000,000
Scope 2
34,963,000
-
-
00,000,000
Scope 3
-
-
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Swatch's primary industry is Fabricated metal products, except machinery and equipment (28), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Swatch is in CH, which has a very low grid carbon intensity relative to other regions.

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.

Swatch is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

Citizen Watch Co

JP
•
Medical, precision and optical instruments, watches and clocks (33)
Updated 4 days ago

Tapestry

US
•
Wearing apparel; furs (18)
Updated 3 days ago

Ralph Lauren

US
•
Wearing apparel; furs (18)
Updated 1 day ago

Hugo Boss

DE
•
Wearing apparel; furs (18)
Updated 1 day ago

Louis Vuitton

FR
•
Wearing apparel; furs (18)
Updated 4 days ago

Seiko

JP
•
Electrical machinery and apparatus n.e.c. (31)
Updated 17 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251007.2
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy