Watches Of Switzerland
Watches of Switzerland, a premier luxury watch retailer, is headquartered in the United Kingdom and operates extensively across Europe and Australia. Established in 1924, the company has built a reputation for excellence in the luxury watch industry, offering an extensive selection of timepieces from renowned brands such as Rolex, Omega, and TAG Heuer. With a focus on both retail and e-commerce, Watches of Switzerland provides a unique shopping experience, combining expert knowledge with exceptional customer service. The company is recognised for its commitment to authenticity and quality, ensuring that every watch meets the highest standards. As a leader in the luxury watch market, Watches of Switzerland has achieved significant milestones, including numerous awards for customer service and innovation in retail.
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 78% 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 tonnes CO2e globally. This figure includes 259,000 tonnes from Scope 1 emissions, 3,607,000 tonnes from Scope 2 emissions, and a significant 188,374,000 tonnes from Scope 3 emissions, which encompasses areas such as purchased goods and services, employee commuting, and upstream transportation. In the UK, the company’s emissions for 2023 were about 112,454,000 tonnes CO2e, with Scope 1 emissions at 133,000 tonnes and Scope 2 emissions at 1,687,000 tonnes. In the US, emissions reached approximately 70,635,000 tonnes CO2e, with Scope 1 at 126,000 tonnes and Scope 2 at 1,912,000 tonnes. 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). The absence of defined reduction targets suggests a need for further commitment to climate action within the luxury retail sector. Overall, the company’s emissions data highlights the significant impact of Scope 3 emissions, which represent the majority of their carbon footprint, indicating potential areas for improvement in supply chain management and sustainability practices.
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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 |
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.
