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 41 is higher than 64% 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 112,454,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 98.5% of the total. The breakdown of emissions includes 133,000 kg CO2e from Scope 1 and 1,687,000 kg CO2e from Scope 2. Notably, the largest components of Scope 3 emissions were from purchased goods and services (approximately 85,316,000 kg CO2e) and capital goods (about 22,150,000 kg CO2e). Watches of Switzerland has not set specific reduction targets or initiatives as part of their climate commitments, and there are no documented climate pledges. The emissions data is cascaded from their parent company, Watches of Switzerland Group PLC, indicating a corporate family relationship that influences their reporting and climate strategy. Overall, the company is actively engaged in monitoring its carbon footprint, but further commitments or reduction strategies have not been disclosed.
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.