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.
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 43 is higher than 91% 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 192,240,000 kg CO2e globally, with 386,6000 kg CO2e from Scope 1 and 3,607,000 kg CO2e from Scope 2 emissions. The Scope 3 emissions accounted for the majority, totalling about 188,374,000 kg CO2e, primarily driven by purchased goods and services (143,070,000 kg CO2e) and capital goods (34,440,000 kg CO2e). In the UK, the company’s emissions for 2023 were approximately 112,454,000 kg CO2e, with Scope 1 emissions at 133,000 kg CO2e and Scope 2 emissions at 1,687,000 kg CO2e. The significant portion of Scope 3 emissions in the UK was also attributed to purchased goods and services, amounting to about 85,316,000 kg CO2e. Despite these figures, 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. This lack of formal commitments may reflect broader industry trends where many companies are still developing comprehensive climate strategies.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.