Swatch Sustainability Profile
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.
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.
Industry Benchmark
Swatch's score of 52 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Swatch's reported carbon emissions
In 2024, Swatch reported total carbon emissions of approximately 1,261,054,000 kg CO2e. This includes Scope 1 emissions of about 17,002,000 kg CO2e, Scope 2 emissions of approximately 26,052,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,218,000,000 kg CO2e. The company has set ambitious reduction targets, aiming to decrease stationary emissions (Scope 1) by 35% by 2030 and to achieve net-zero emissions by 2040. Additionally, Swatch plans to reduce emissions from electricity (Scope 2) by 50% by 2030, 5% by 2040, and to zero by 2050. In 2023, Swatch's total emissions were approximately 1,384,978,000 kg CO2e, with Scope 3 emissions accounting for about 1,333,000,000 kg CO2e. The company has consistently disclosed emissions data across all scopes, demonstrating transparency in its climate commitments. Swatch's emissions data is sourced directly from The Swatch Group AG, with no cascaded data from parent companies. The company is actively working towards its long-term climate goals, reflecting a commitment to sustainability and reducing its carbon footprint.
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| 2013 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 21,501,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | - | 00,000,000 |
| Scope 2 | - | - | - | 00,000,000 | - | - | 00,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Swatch's Industry?
How Carbon Intensive is Swatch's Location?
Swatch's Scope 3 Categories Breakdown
Swatch's Scope 3 emissions, which decreased by 9% last year and decreased by approximately 9% since 2023, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 60% of Scope 3 emissions.
Top Scope 3 Categories
Swatch's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Swatch has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
