Swatch

Swatch reported total carbon emissions of approximately 1.26 billion kg CO2e in 2024. This includes about 17.0 million kg CO2e from Scope 1, 44.5 million kg CO2e from Scope 2 (location-based), and 1.22 billion kg CO2e from Scope 3 emissions. Their Scope 3 emissions in 2024 were primarily driven by purchased goods and services at approximately 728.0 million kg CO2e and capital goods at around 201.0 million kg CO2e. In 2023, the company's total reported emissions were approximately 1.38 billion kg CO2e, with Scope 3 emissions accounting for about 1.33 billion kg CO2e.

Swatch is committed to reducing its operational emissions. The company aims to reduce Scope 1 stationary emissions by 65% by 2030 (compared to a 2021 baseline), with a long-term goal of achieving zero stationary emissions by 2040. For Scope 2 emissions, Swatch intends to reduce electricity-related emissions by 50% by 2030 (compared to a 2021 baseline), further decreasing to 5% by 2040, and ultimately achieving zero by 2050.