Watches of Switzerland Has Claimed Its Earthmark Profile — Environmental Transparency In Luxury Watch & Jewellery Retail

Watches of Switzerland Group PLC has claimed its Earthmark profile, establishing a transparent public record of its environmental and governance performance across Consumer Discretionary, where the group sells prestige watch brands and jewellery through a network of showrooms and e-commerce platforms in the UK, US and Europe.

This is more than an ESG badge. It is a structured, benchmarked profile built from seven years of corporate disclosures and contextualised against 7,994 sector peers.

The Numbers Behind the Profile

Watches of Switzerland’s Earthmark profile includes:

• 325 datapoints across the Earthmark database, covering environmental performance, governance, historical trends, ratings, SBTi data, and company information.

• Seven years of disclosures, tracking emissions, energy consumption, waste, and revenue trends across the 2020 - 2026 reporting periods.

• Automated annual report ingestion from the group’s published FY25 and FY26 Annual Reports, extracted and structured by Earthmark AI.

• Performance benchmarking against 7,994 sector peers, highlighting where Watches of Switzerland leads, matches, and trails the Consumer Discretionary benchmark.

What’s Behind the Score

Watches of Switzerland receives an Earthmark score of 3.1 / 5.0 — shared across its four subsidiaries: Goldsmiths, Mappin & Webb, The Watch Hut and Hodinkee. This places the group more than six times higher than the Consumer Discretionary sector median of 0.5 / 5.0 and more than four times the sector average of 0.72 / 5.0.

The score reflects sustained Scope 1 reductions, 100% renewable energy adoption, and low carbon intensity per dollar of revenue:

• Rapid Scope 1 operational decarbonisation: Direct Scope 1 emissions fell 88.1% from their 2023 peak, dropping from 3,866 tCO₂e in 2023, 3,598 tCO₂e in 2022, and 3,307 tCO₂e in 2021 to 247 tCO₂e in 2024, 252 tCO₂e in 2025, and 460 tCO₂e in 2026.

• 100% renewable energy and zero market-based Scope 2 emissions: Watches of Switzerland consumed 16,607.4 MWh of renewable energy out of 16,607.4 MWh total energy in 2026, following 16,936.3 MWh of 16,936.3 MWh in 2025, up from 11,686.0 MWh of 16,694.3 MWh, or 70.0%, in 2024. This 100% renewable share — more than double the Consumer Discretionary sector average of 38.5% — reduced market-based Scope 2 emissions to 0.0 tCO₂e in both 2025 and 2026, down from 4,847 tCO₂e in 2020 and 1,607 tCO₂e in 2024, compared with 3,803 tCO₂e location-based Scope 2 emissions in 2026.

• Top-quartile carbon intensity across $2.45B revenue: Total emissions stood at 265,631 tCO₂e in 2026 across $2,449,390,000 (£1,827,900,000) in reported revenue, up from 125,913 tCO₂e on $1.11B revenue in 2020 and 232,582 tCO₂e on $2.11B revenue in 2025. This equates to an emissions intensity of 108.4 tCO₂e per $1M of revenue, ranking in the 23rd percentile among 1,526 Consumer Discretionary peers with reported emissions and revenue — 85.3% below the sector median intensity of 739.5 tCO₂e per $1M and 96.8% below the 2024 Consumer Discretionary sector average total footprint of 8,285,871 tCO₂e.

• 99.0% historical waste recycling rate: In its 2023 disclosure, Watches of Switzerland reported 1,152.0 tonnes of total waste, with 1,140.48 tonnes recycled and just 11.52 tonnes disposed — a 99.0% recycling rate, far above the 67.7% Consumer Discretionary sector average. Similarly, prior FY25 reporting recorded 970.0 tonnes of total waste, with 960.33 tonnes recycled and 9.67 tonnes disposed.

• Strong governance and target validation: Watches of Switzerland maintains 100% governance availability and a 4.2 / 5.0 Governance score, compared with the 0.7 / 5.0 sector median and 0.99 / 5.0 sector average, supported by active SBTi validation with a 1.5°C target classification.

An Area to Watch

Watches of Switzerland’s disclosure history highlights two clear levers to move its overall score:

• Re-disclosing operational waste metrics to reach 100% environmental availability. When the group’s FY25 filing included complete waste figures — 970 tonnes total, 960.33 tonnes recycled, and 9.67 tonnes disposed — it held 100% environmental availability. Because total, recycled, and disposed waste tonnages were omitted from the 2026 record, environmental availability dropped from 100% to 66%. Re-publishing these three waste metrics is a zero-cost action to restore 100% environmental completeness.

• Addressing Scope 3 emissions. Scope 3 emissions account for 99.8% of Watches of Switzerland’s total footprint — 265,171 tCO₂e of 265,631 tCO₂e in 2026, compared with 230,901 tCO₂e in 2025 and 236,924 tCO₂e in 2024.

Why Claiming Matters

For specialty luxury watch and jewellery retailers in Consumer Discretionary, accessible environmental data is essential across both consumer and partner channels.

• Retail and e-commerce shoppers: Consumers purchasing watches and jewellery across UK, US, and European showrooms and online platforms can compare carbon intensity, 100% renewable energy usage, and SBTi 1.5°C commitments against thousands of retail peers.

• Multi-brand group consistency: With parent company disclosures cascading across linked subsidiaries in the Earthmark database, claiming ensures accurate representation across Watches of Switzerland, Goldsmiths, Mappin & Webb, Hodinkee, and The Watch Hut.

• Competitive differentiation: Standardised benchmarking against 7,994 Consumer Discretionary peers, and specialty jewellery and watch retailers, provides transparent, third-party validation.

By claiming its Earthmark profile, Watches of Switzerland takes active ownership of how its environmental and governance disclosures are communicated.

What Claiming Means for Watches of Switzerland

Claiming enables Watches of Switzerland to:

• Manage its data: Review, update, and maintain verified metrics across its $2.45B global operations, including supplying missing 2026 waste tonnages to restore its 100% environmental availability.

• Align subsidiary profiles: Maintain consistent environmental and governance data across its four database-linked subsidiaries: Goldsmiths, Mappin & Webb, The Watch Hut and Hodinkee.

• Embed its widget: Display Earthmark insights across its e-commerce sites and partner distribution channels, where Watches of Switzerland is actively queried through the likes of Kindred and VoucherCodes.

• Demonstrate sector leadership: Stand out against watch and jewellery peers in the Earthmark directory, sitting ahead of Swarovski UK Limited (2.7 / 5.0), Tiffany & Co. (2.6 / 5.0), Signet Jewelers (2.4 / 5.0), Ernest Jones (2.4 / 5.0), H Samuel (2.4 / 5.0), THOM Group (2.0 / 5.0) and Breitling (2.0 / 5.0). It is tied with Watch Shop (3.1 / 5.0) and competes closely with Watchfinder (3.5 / 5.0), Pandora A/S (3.5 / 5.0), Cartier (3.5 / 5.0), Richemont UK Limited (3.5 / 5.0), and Fossil Group, Inc. (3.5 / 5.0), while trailing top-rated sector peers including Bergzeit GmbH (4.7 / 5.0), Ted Baker Plc (4.6 / 5.0), Chopard Holding SA (4.5 / 5.0), Brilliant Earth (4.5 / 5.0), and Rolex SA (4.4 / 5.0).

The profile is already public and benchmarked. Claiming gives Watches of Switzerland ownership of the narrative.

Working With Watches of Switzerland’s Teams

We are working alongside Watches of Switzerland to ensure this data creates maximum value for:

• Direct-to-consumer and showroom shoppers: Providing verified environmental metrics across its UK, US, and European retail network and e-commerce platforms.

• Partner and affiliate networks: Delivering live, benchmarked sustainability insights where Watches of Switzerland is integrated across Kindred and VoucherCodes.

• Sustainability and reporting teams: Tracking historical progress from 2020 to 2026 and identifying zero-cost disclosure improvements, such as restoring operational waste reporting to lift environmental availability from 66% back to 100%.

Watches of Switzerland joins leading claimed brands in the Earthmark directory — including Virgin Wines, Docusign, AEG, DFS, Panasonic, BIC, Gartner, giffgaff, Expedia, M&C Saatchi, Barclays and Lime — that have claimed their Earthmark profiles to lead their sectors in environmental data transparency.

🔗 Take a look at Watches of Switzerland’s Earthmark page.

Want to see how your organisation compares? Search the Earthmark directory today.