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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 50 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Watches Of Switzerland's reported carbon emissions
In 2023, Watches of Switzerland reported total carbon emissions of approximately 192,240,000 kg CO2e globally. This includes Scope 1 emissions of about 259,000 kg CO2e, Scope 2 emissions of approximately 3,607,000 kg CO2e, and significant Scope 3 emissions amounting to about 188,374,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (approximately 143,070,000 kg CO2e) and capital goods (around 34,440,000 kg CO2e). In the UK, the company’s emissions for 2023 were approximately 1,824,000 kg CO2e, with Scope 1 emissions at about 133,000 kg CO2e and Scope 2 emissions at approximately 1,687,000 kg CO2e. The Scope 3 emissions in the UK totalled around 112,454,000 kg CO2e, primarily driven by purchased goods and services (approximately 85,316,000 kg CO2e). Watches of Switzerland has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from their parent company, Watches of Switzerland Group PLC, which is responsible for the overall climate strategy and reporting. The company is currently classified as a current subsidiary under this corporate structure. Overall, while Watches of Switzerland has made strides in emissions reporting, further details on reduction initiatives and targets are not available at this time.
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| 2020 | 2021 | 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 participating in any of the initiatives that 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.
