Swatch Group Australia

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Swatch Group Australia Sustainability Actions

Uses renewable energy in supply chain

Good On You says Swatch uses renewable energy in its supply chain to lower climate impact. That means some of the energy used by suppliers comes from sources like wind or solar instead of fossil fuels. The rating body still gives the brand a low overall environmental score because it says there is not enough public evidence on other key issues, such as lower-impact materials, water use, and biodiversity.

Code of Conduct covers ILO rules

Good On You reports that Swatch has a Code of Conduct that covers ILO principles, which are basic labour rules set by the International Labour Organization. This suggests the company has some formal expectations for worker treatment in its supply chain. However, the same assessment says Swatch does not publish enough detail about supplier locations, living wages, or how much of its supply chain is audited.

Some supply chain audits

Good On You says Swatch claims to audit some of its supply chain. Audits are checks that look for problems such as unsafe work or rule-breaking. The issue is that the company does not say what share of suppliers are covered, so outside readers cannot tell how complete those checks are. The rating body also says there is no evidence of living wage support or strong worker protection during Covid-19.

Annual report mentions sustainability

Swatch Group’s 2024 annual report, as shown in the source material, says the group kept a focus on employee support and sustainability while also stressing local production and training for the next generation of watchmakers. This is a company disclosure, not an independent rating. It shows sustainability is part of the group’s public messaging, but the excerpt does not give enough detail to judge results or track progress.

Philanthropic and artistic work

The 2024 annual report excerpt says the group’s brands took part in philanthropic and artistic initiatives. These are social responsibility activities, but the source does not give enough detail to measure their scale or impact. Because the material is broad and high level, it is best read as a sign that the company includes community-related work in its reporting, not as proof of strong ESG performance.

Environmental policy appears in older report

The 2015 annual report snippet lists environmental policy, employee engagement, sourcing policy, supply chain management, sustainability, and social responsibility among the topics covered. That shows the company has discussed these issues for years. However, the snippet does not provide the actual policy details or results, so it is only evidence that the topics were on the agenda, not that targets were met.