Swatch Group AG 2016 Annual Report with Sustainability Disclosures
Company: Swatch Group AG
Sector: Manufacturing
Country: Switzerland
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 244
The report records a difficult 2016, with consolidated net sales of CHF 7,553 million, down 10.6%, and 35,705 employees at year-end. Its environmental policy describes a climate and efficiency program for Swiss production entities, with 2020 targets of a 27% CO2 reduction and an 8% energy-efficiency increase; reported emissions had fallen by 3,332 tons since the program began in 2013. Audited emissions figures for 2016 were not yet available when the report was prepared.
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