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, combining both online and in-store offerings. The company has achieved significant milestones, including its listing on the London Stock Exchange, solidifying its position as a trusted name in luxury horology. Known for its curated selection and knowledgeable staff, Watches of Switzerland continues to set the standard in the luxury watch market.
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.
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.
Watches Of Switzerland's score of 31 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Watches of Switzerland reported total carbon emissions of approximately 192,240 tonnes CO2e globally, with 3,866 tonnes CO2e attributed to Scope 1 and 3,607 tonnes CO2e to Scope 2 emissions. The majority of their emissions, about 188,374 tonnes CO2e, fell under Scope 3, which includes indirect emissions from their supply chain and product use. In the UK specifically, the company recorded total emissions of around 182,000 tonnes CO2e, with Scope 1 emissions at 133,000 tonnes CO2e and Scope 2 emissions at 1,687,000 tonnes CO2e. Scope 3 emissions in the UK were significant, reaching approximately 112,454 tonnes CO2e. Watches of Switzerland has not publicly committed to specific reduction targets or initiatives as part of recognised frameworks such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). However, the company is aware of its carbon footprint and the importance of addressing climate change within the luxury retail sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 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 |
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.