Swatch Group AG 2024 SR
The report highlights Swatch Group's commitment to achieving net-zero Scope 1 and 2 emissions by 2050, with interim reduction targets of 50% by 2030. In 2024, the company increased its self-generated renewable electricity to 2.8% of total consumption and successfully launched the Swatch Group Sustainability School for employee training. The group maintains a strong focus on vertical integration and 'Swiss Made' production, ensuring high standards in sourcing precious metals and gemstones. Key environmental achievements include a 19.5% reduction in heating oil consumption compared to 2023 and the implementation of circular economy practices in sapphire and gold processing.
Company: Swatch Group AG
Sector: Manufacturing
Country: Switzerland
Year: 2024
Type: SR
Pages: 134
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Swatch Group AG
Sustainability Report
The report highlights Swatch Group's commitment to achieving net-zero Scope 1 and 2 emissions by 2050, with interim reduction targets of 50% by 2030. In 2024, the company increased its self-generated renewable electricity to 2.8% of total consumption and successfully launched the Swatch Group Sustainability School for employee training. The group maintains a strong focus on vertical integration and 'Swiss Made' production, ensuring high standards in sourcing precious metals and gemstones. Key environmental achievements include a 19.5% reduction in heating oil consumption compared to 2023 and the implementation of circular economy practices in sapphire and gold processing.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 19, 2025
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees