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Watches of Switzerland Group plc, commonly referred to as Watches of Switzerland, is a leading retailer in the electrical machinery and apparatus sector, specifically focusing on luxury timepieces. Headquartered in Great Britain, the company operates extensively across the UK, the US, and Europe, establishing a strong presence in the luxury watch market since its founding in 1924.
Specialising in high-end watches from renowned brands, Watches of Switzerland is distinguished by its commitment to quality and exceptional customer service. The company has achieved significant milestones, including expanding its portfolio through strategic acquisitions and partnerships, solidifying its position as a market leader. With a reputation for excellence, Watches of Switzerland continues to set industry standards, offering a curated selection of timepieces that cater to discerning customers worldwide.
+30 vs industry average
Watches of Switzerland’s score of 61 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Electrical Machinery Manufacturing is among the most carbon-intensive industries
The Electrical Machinery Manufacturing industry has reduced its overall emissions by 42% since 2018
Scope 3 accounts for ••• of total emissions.
Watches of Switzerland, a UK-based company in the Electrical machinery and apparatus sector, reported total carbon emissions of approximately 265,631,000 kg CO2e in 2026. This figure includes about 460,000 kg CO2e from Scope 1, approximately 3,804,000 kg CO2e from Scope 2, and around 265,171,000 kg CO2e from Scope 3 emissions.
In 2025, the company's total emissions were approximately 232,582,000 kg CO2e, comprising about 252,000 kg CO2e from Scope 1, approximately 4,108,000 kg CO2e from Scope 2, and around 230,901,000 kg CO2e from Scope 3.
Watches of Switzerland has set ambitious climate commitments. The company is committed to achieving net-zero greenhouse gas (GHG) emissions across its value chain by 2050, with both near-term and long-term targets validated by the Science Based Targets initiative (SBTi).
For its near-term goals, the company aims to reduce absolute Scope 1 GHG emissions by 42% by FY2030 from a FY2024 base year. It also commits to sourcing 100% renewable electricity through to 2030 and reducing absolute Scope 3 GHG emissions by 42% by FY2030 from a FY2024 base year.
Looking further ahead, Watches of Switzerland's long-term targets include reducing absolute Scope 1 GHG emissions by 90% by 2050 from a FY2024 base year, continuing to source 100% renewable electricity from FY2030 through FY2050, and achieving a 90% reduction in absolute Scope 3 GHG emissions by 2050 from a FY2024 base year.
The company's SBTi-validated targets also include a commitment to reduce absolute Scope 1 and 2 GHG emissions by 50% by FY2030 from a FY2020 baseline, and to reduce absolute Scope 3 GHG emissions by 42% within the same timeframe. These targets reflect a commitment to a 1.5°C warming scenario under the Paris Climate Agreement.
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2050
90% reduction in Scope 1
Watches of Switzerland Group commits to reduce absolute scope 1 GHG emissions 90.0% by FY2050 from a FY2024 base year.
2030
42% reduction in scope 3 total
Watches of Switzerland Group further commits to reduce absolute scope 3 GHG emissions 42.0% by FY2030 from a FY2024 base year.
2030
42% reduction in Scope 1
Watches of Switzerland Group commits to reduce absolute scope 1 GHG emissions 42.0% by FY2030 from a FY2024 base year.
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
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Common questions about Watches of Switzerland’s sustainability data and climate commitments
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