Swatch Group AG 2023 Sustainability Report
Company: Swatch Group AG
Sector: Manufacturing
Country: Switzerland
Year: 2023
Type: Sustainability Report
Pages: 150
The report presents consolidated 2023 sustainability performance across Swatch Group's global entities, including 33,602 employees and CHF 7,888 million net sales. It reports 17,931 t CO2eq of Scope 1 emissions, market-based Scope 2 emissions of 34,047 t CO2eq and Scope 3 emissions of 1,097,000 t CO2eq, alongside a 50% Scope 1 and 2 reduction target by 2030 from 2021. Renewable electricity represented 33.1% of total electricity consumption, while waste generated totaled 9,231 metric tons, with 59% recycled. The report also describes sustainability governance, material-topic review, sourcing audits and reporting in accordance with the GRI Standards.
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