As of 2025, The 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 The 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) | -50%a | 2030 |
Absolute-based Target | Scope 1 - Stationary Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | -35%a | 2030 |
Absolute-based Target | Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 1 - Mobile Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 1 - Fugitive | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 1 - Process | Metric Tonnes of CO2 equivalent (mtCO2e) | -50%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2040 |
Absolute-based Target | Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | -95%a | 2040 |
Absolute-based Target | Scope 1 - Process, Scope 1 - Fugitive | Metric Tonnes of CO2 equivalent (mtCO2e) | -65%a | 2040 |
Absolute-based Target | Scope 1 - Stationary Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | -100%a | 2040 |
Absolute-based Target | Scope 2 - Heat | Metric Tonnes of CO2 equivalent (mtCO2e) | 176%a | 2040 |
Absolute-based Target | Scope 1 - Mobile Combustion | Metric Tonnes of CO2 equivalent (mtCO2e) | -100%a | 2040 |
Absolute-based Target | Scope 1 - Process, Scope 1 - Fugitive | Metric Tonnes of CO2 equivalent (mtCO2e) | -65%a | 2050 |
Absolute-based Target | Scope 2 - Electricity | Metric Tonnes of CO2 equivalent (mtCO2e) | -100%a | 2050 |
Absolute-based Target | Scope 2 - Heat | Metric Tonnes of CO2 equivalent (mtCO2e) | 176%a | 2050 |
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As of 2025, The 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
As of 2025, The Swatch Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
The 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 2025, The Swatch Group is ahead of schedule on its operational emissions reduction target, having achieved 23.21% of the planned reduction.a