Watches Of Switzerland
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 45 is higher than 92% 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's reported carbon emissions
In 2023, Watches of Switzerland reported total carbon emissions of approximately 112,454,000 kg CO2e across all scopes. This includes 133,000 kg CO2e from Scope 1, which covers direct emissions from owned or controlled sources, and 1,687,000 kg CO2e from Scope 2, which pertains to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 110,734,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as purchased goods and services (85,316,000 kg CO2e) and upstream transportation and distribution (2,214,000 kg CO2e). Watches of Switzerland has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry trends where many companies are still developing comprehensive strategies to address climate change. Overall, the company's emissions data highlights the significant impact of Scope 3 emissions, which are often the largest contributor to total carbon footprints in the retail sector.
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| 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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
