Timex Group India Ltd 2024 SR
The report outlines Timex Group's sustainability progress and performance for the fiscal year 2024. Key achievements include the formal adoption of its first official Climate Transition Plan to reach net-zero emissions by 2050 and a 38% reduction in its water footprint compared to 2023. Additionally, the company expanded its circularity efforts, collecting 4,174 watches through the Timex ReWound program and ensuring that 89% of Spring/Summer 2025 watch launches feature environmentally preferred materials. The Group also strengthened its supply chain oversight by launching the Vendor Sustainability Scorecard and conducting 60 social audits of Tier 1 suppliers.
Company: Timex Group India Ltd
Sector: Consumer Discretionary
Country: India
Year: 2024
Type: SR
Pages: 88
Timex Group India Ltd
Sustainability Report
The report outlines Timex Group's sustainability progress and performance for the fiscal year 2024. Key achievements include the formal adoption of its first official Climate Transition Plan to reach net-zero emissions by 2050 and a 38% reduction in its water footprint compared to 2023. Additionally, the company expanded its circularity efforts, collecting 4,174 watches through the Timex ReWound program and ensuring that 89% of Spring/Summer 2025 watch launches feature environmentally preferred materials. The Group also strengthened its supply chain oversight by launching the Vendor Sustainability Scorecard and conducting 60 social audits of Tier 1 suppliers.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Total Waste
Workplace Fatalities
Net Zero Target
Employees