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Coin Watch The Sustainability Actions

Authenticity and condition checks

CoinWatchCo says it checks the authenticity of watches, collector bullion, and numismatics before sale. It also says it works with a watchmaker to verify that a watch is running properly and to note its condition in the product description. This is not a sustainability program, but it does show a process for quality control and product transparency. The site also says it uses real product photos in natural light rather than stock images, which can help buyers judge items more accurately before purchase.

Long-running eBay selling

CoinWatchCo says it has sold through eBay since 2004. The site presents this as part of its sales history and customer service approach. This does not amount to a formal ESG commitment, but it does show a long-running resale model for pre-owned watches and coins. Reuse and resale can support a more circular economy (a system that keeps products in use for longer), although the material does not say that this is an explicit sustainability goal.

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Paperless sustainability reports

Citizen Watch, which appears in the source material as a separate brand, says it stopped issuing a paper version of its Sustainability and CSR Report from FY2025 and now publishes it only online. This reduces paper use. The same report page also says some environmental data has third-party verification, meaning an outside party checked parts of the data.

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Environmental reporting and assurance

Citizen Watch says its sustainability report follows the Global Reporting Initiative (GRI, a common reporting standard for ESG data) and Environmental Reporting Guidelines 2018. It also says some environmental data has undergone third-party verification. This is a reporting action rather than a target, and it shows that the company is trying to present its environmental data in a more structured way.

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ESG framework work in 2024

CoinShares, another company in the source material, says it refined its ESG strategy in 2024 and treated ESG as a core part of its business. It says the strategy has three pillars: sustainability, education, and investing in future talent. It also says the company uses a board-approved ESG policy and a materiality assessment, which is a process for finding the ESG issues that matter most to the business and its stakeholders.

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