As of 2023, Watches of Switzerland Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 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 Watches of Switzerland 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 restricted. Please purchase to unlock this data. | 2030 |
Absolute-based Target | Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data. | 2030 |
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As of 2023, Watches of Switzerland Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
As of 2023, Watches of Switzerland Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Watches of Switzerland Group's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 4,128 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
As of 2023, Watches of Switzerland Group is lagging behind on its operational emissions reduction target, having achieved 12.6% of the planned reduction.
As of 2023, Watches of Switzerland Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
Watches of Switzerland Group's most ambitious value chain target is to reduce these emissions by 42% by 2030, compared to a baseline of 111,582 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.
Instead of reducing value chain emissions, Watches of Switzerland Group has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.