Watches of Switzerland Group PLC 2024 Annual Report with Sustainability Disclosures
Company: Watches of Switzerland Group PLC
Sector: Wholesale & retail
Country: United Kingdom
Year: 2024
Type: Annual Report with Sustainability Disclosures
Pages: 262
The report describes FY24 strategic progress across the Watches of Switzerland Group, supported by a Board-led ESG governance structure and dedicated ESG Committee. It reports a commitment to achieve net-zero GHG emissions by 2050, with verified near-term targets to reduce Scope 1 and 2 emissions by 50% and Scope 3 emissions by 42% by 2030. The Group improved its CDP Climate Change score from C to B and disclosed gross Scope 1, 2 and 3 emissions and energy consumption data that received limited independent assurance. The report also highlights circularity initiatives through repairs, servicing and pre-owned watches.
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