Swatch
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 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 19 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Swatch's reported carbon emissions
In 2023, Swatch reported total carbon emissions of approximately 1,148,978,000 kg CO2e. This figure includes 17,931,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from stationary and mobile combustion, as well as fugitive emissions. Scope 2 emissions amounted to about 34,047,000 kg CO2e, while Scope 3 emissions were significantly higher, totalling approximately 1,097,000,000 kg CO2e, which includes emissions from business travel, employee commuting, and the use of sold products. Comparatively, in 2022, Swatch's total emissions were also around 1,148,978,000 kg CO2e, with Scope 1 emissions at 20,422,000 kg CO2e and Scope 2 emissions at 52,068,000 kg CO2e. The Scope 3 emissions for that year were similarly substantial, at approximately 1,097,000,000 kg CO2e. Despite these figures, Swatch has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company continues to operate within the global context of increasing corporate responsibility towards climate change, yet lacks defined strategies for emissions reduction.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 18,991,000 | 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 |
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.
Swatch is committed to some reduction initiatives 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.
