Swatch Group AG
Swatch Group's Climate Target Data Preview
As of 2024, Swatch Group has disclosed 15 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 15 absolute reduction targets, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Swatch Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2030 |
Absolute-based Target | Scope 1 - Stationary Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2030 |
Absolute-based Target | Scope 1 - Mobile Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Fugitive | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2030 |
Absolute-based Target | Scope 1 - Process | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2040 |
Absolute-based Target | Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Absolute-based Target | Scope 1 - Process, Scope 1 - Fugitive | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Absolute-based Target | Scope 1 - Stationary Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Absolute-based Target | Scope 2 - Heat | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2040 |
Absolute-based Target | Scope 1 - Mobile Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2040 |
Absolute-based Target | Scope 1 - Process, Scope 1 - Fugitive | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2050 |
Absolute-based Target | Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2050 |
Absolute-based Target | Scope 2 - Heat | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. a | 2050 |
Verified Sources Behind Swatch Group’s Climate Targets Data
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Insights into Swatch Group's Greenhouse Gas Emissions Pathways
As of 2024, Swatch Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
Does Swatch Group have a target to reduce the emissions from its operations?
As of 2024, Swatch Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Swatch Group's most ambitious operational target is to reduce these emissions by 100% by 2040, compared to a baseline of 14,910 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a
As of 2024, Swatch Group is ahead of schedule on its operational emissions reduction target, having achieved 26.57% of the planned reduction.a