Watches of Switzerland Operations Limited Sustainability Profile
Watches of Switzerland Operations Limited, a prominent player in the luxury watch retail sector, is headquartered in Great Britain. Established in 1924, the company has evolved into a leading destination for high-end timepieces, operating across key regions including the UK and the US. Specialising in the sale of prestigious watch brands, Watches of Switzerland offers a curated selection of unique products that cater to discerning customers. The company is renowned for its exceptional customer service and expertise, setting it apart in a competitive market. With a strong market position, Watches of Switzerland has achieved significant milestones, including strategic acquisitions and expansions that enhance its portfolio. As a trusted name in luxury horology, the company continues to uphold its reputation for quality and excellence in the industry.
DitchCarbon Score
How does Watches of Switzerland Operations Limited'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 Operations Limited's score of 72 is higher than 83% 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 Operations Limited, headquartered in Great Britain, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Watches of Switzerland Group PLC, which means any emissions data or climate commitments would be cascaded from this parent organization. As of now, there are no documented reduction targets or climate pledges specific to Watches of Switzerland Operations Limited. However, it is important to note that the broader Watches of Switzerland Group PLC may have initiatives in place, as emissions data and performance metrics are inherited from this parent company. The absence of specific emissions figures and reduction initiatives highlights a potential area for improvement in transparency and accountability regarding climate commitments. As the industry increasingly focuses on sustainability, it is crucial for Watches of Switzerland Operations Limited to establish clear targets and report on their carbon footprint to align with global climate goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 000,000 | - |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 3 | 100,899,000 | - | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Watches of Switzerland Operations Limited's Industry?
How Carbon Intensive is Watches of Switzerland Operations Limited's Location?
Watches of Switzerland Operations Limited's Scope 3 Categories Breakdown
Watches of Switzerland Operations Limited's Scope 3 emissions, which decreased by 13% last year and increased by approximately 62% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
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Watches of Switzerland Operations Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Watches of Switzerland Operations Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
