TAG Heuer SA Sustainability Profile
TAG Heuer SA, a prestigious Swiss watchmaker, is headquartered in La Chaux-de-Fonds, Switzerland (CH). Founded in 1860, the brand has established itself as a leader in the luxury watch industry, renowned for its precision timepieces and innovative designs. TAG Heuer is particularly celebrated for its chronographs and sports watches, which blend cutting-edge technology with a rich heritage of craftsmanship. With a strong presence in Europe, Asia, and the Americas, TAG Heuer has achieved notable milestones, including its association with motorsports and the development of the first-ever dashboard chronograph. The brand's commitment to excellence is reflected in its unique offerings, such as the Monaco and Carrera collections, which embody both style and functionality. As a key player in the luxury watch market, TAG Heuer continues to set benchmarks for quality and performance, solidifying its reputation as a symbol of prestige and innovation.
DitchCarbon Score
How does TAG Heuer SA'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
TAG Heuer SA's score of 66 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TAG Heuer SA, headquartered in Switzerland (CH), currently does not have specific carbon emissions data available for recent years. As a current subsidiary of LVMH Moët Hennessy - Louis Vuitton, Société Européenne, TAG Heuer's climate commitments and reduction initiatives are aligned with those of its parent company. While no specific reduction targets or achievements are listed for TAG Heuer, the overarching LVMH group has established various climate initiatives, including commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP). These initiatives aim to enhance sustainability and reduce carbon footprints across their operations. As TAG Heuer continues to develop its sustainability strategies, it is expected to follow the lead of LVMH in addressing climate change and reducing emissions, although specific targets and metrics for TAG Heuer have not been disclosed at this time.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 505,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,150,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is TAG Heuer SA's Industry?
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TAG Heuer SA's Scope 3 Categories Breakdown
TAG Heuer SA's Scope 3 emissions, which increased by 5% last year and decreased by approximately 0% since 2019, 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 50% of Scope 3 emissions.
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TAG Heuer SA'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.
TAG Heuer SA 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.
