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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.
+36 vs industry average
Watches of Switzerland’s score of 66 is higher than 75% 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 its most recent carbon emissions for 2026. Their total greenhouse gas emissions were approximately 265,631,000 kg CO2e. This included about 460,000 kg CO2e from Scope 1 emissions, 3,803,000 kg CO2e from Scope 2 (location-based), and 265,171,000 kg CO2e from Scope 3 emissions.
Looking back, their total emissions for 2025 were approximately 232,582,000 kg CO2e (Scope 1: 252,000 kg CO2e, Scope 2 location-based: 4,108,000 kg CO2e, Scope 3: 230,901,000 kg CO2e). In 2024, total emissions were about 238,779,000 kg CO2e (Scope 1: 247,000 kg CO2e, Scope 2 location-based: 4,067,000 kg CO2e, Scope 3: 236,924,000 kg CO2e). For 2022, they reported total emissions of around 170,561,000 kg CO2e, comprising approximately 346,000 kg CO2e from Scope 1, 3,252,000 kg CO2e from Scope 2 (location-based), and 166,963,000 kg CO2e from Scope 3.
Watches of Switzerland has committed to several climate action targets. They aim to achieve net-zero greenhouse gas emissions across their value chain by 2050, based on a FY2024 baseline. Their near-term targets include a 42% absolute reduction in Scope 1 GHG emissions by FY2030 from a FY2024 base year. They also plan to source 100% renewable electricity by 2025 and maintain this through 2030, and further commit to a 42% absolute reduction in Scope 3 GHG emissions by FY2030 from a FY2024 base year. For long-term goals, they are targeting a 90% absolute reduction in Scope 1 GHG emissions by 2050 from a FY2024 base year, continuous sourcing of 100% renewable electricity through 2050, and a 90% absolute reduction in Scope 3 GHG emissions by 2050 from a FY2024 base year. These targets have been validated by the Science Based Targets initiative (SBTi) as consistent with keeping warming to 1.5°C.
2050
90% reduction in Scope 2
Watches of Switzerland Group commits to reduce absolute scope 1 GHG emissions 90.0% by FY2050 from a FY2024 base year.
2050
90% reduction in scope 3 total
Watches of Switzerland Group commits to reduce absolute scope 3 GHG emissions 90.0% by FY2050 from a FY2024 base year.
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.
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PCAF scored Scope 1, 2 and 3 for 2M+ organizations, including private ones.
Common questions about Watches of Switzerland’s sustainability data and climate commitments
Data year: 2026
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