Watches Of Switzerland Sustainability Profile
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 72 is higher than 84% 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, 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 may influence its climate commitments and reporting. As of now, there are no documented reduction targets or climate pledges from Watches of Switzerland. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Given the lack of direct emissions data, it is important to note that Watches of Switzerland's climate commitments may be informed by broader industry standards and practices, particularly those set by its parent company, Watches of Switzerland Group PLC. This group may have established targets and initiatives that could cascade down to the subsidiary level, although specific details are not provided. In summary, while Watches of Switzerland has not disclosed its carbon emissions or reduction targets, it is positioned within a corporate structure that may influence its future climate actions.
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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's Industry?
How Carbon Intensive is Watches Of Switzerland's Location?
Watches Of Switzerland's Scope 3 Categories Breakdown
Watches Of Switzerland'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.
Top Scope 3 Categories
Watches Of Switzerland'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 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.
