Watches Of Switzerland
Watches of Switzerland, a premier luxury watch retailer, is headquartered in Great Britain and operates extensively across the UK, Australia, and the United States. Founded in 1924, the company has established itself as a leader in the luxury watch industry, offering an extensive range of timepieces from renowned brands such as Rolex, Omega, and TAG Heuer. With a commitment to exceptional customer service and expertise, Watches of Switzerland provides a unique shopping experience for watch enthusiasts and collectors alike. The company is known for its exclusive collections and bespoke services, setting it apart in a competitive market. Recognised for its strong market position, Watches of Switzerland continues to achieve notable milestones, solidifying its reputation as a trusted name in luxury horology.
DitchCarbon Score
How does Watches Of Switzerland'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 Retail Trade Services 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
Watches Of Switzerland's score of 31 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Watches Of Switzerland's reported carbon emissions
In 2023, Watches of Switzerland reported total carbon emissions of approximately 192,240,000 kg CO2e globally, with 3,866,000 kg CO2e from Scope 1 and Scope 2 combined. The company’s Scope 3 emissions accounted for about 188,374,000 kg CO2e, highlighting the significant impact of its supply chain and product lifecycle. In the UK, emissions for the same year were approximately 182,000 kg CO2e from Scope 1 and Scope 2, with Scope 3 emissions reaching about 112,454,000 kg CO2e. In 2022, the company’s total emissions were around 170,561,000 kg CO2e globally, with Scope 1 and 2 emissions totalling approximately 3,598,000 kg CO2e. The UK figures for that year showed Scope 1 and 2 emissions of about 1,874,000 kg CO2e, while Scope 3 emissions were approximately 114,664,000 kg CO2e. Despite the substantial emissions, Watches of Switzerland has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates in an industry where supply chain emissions often dominate, underscoring the importance of addressing Scope 3 emissions in future climate strategies.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 328,000 | 000,000 | 000,000 |
| Scope 2 | 3,800,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 111,582,000 | 000,000,000 | 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.
Watches Of Switzerland is not committed to any 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.
