Chopard sustainability score: 45/100

Chopard committed to SBTi-aligned 55% absolute Scope 1 and 2 reduction by 2030 from a 2022 baseline. Swiss facilities powered 100% by renewable electricity. No specific tonnes CO2e figures publicly disclosed. Estimated operational footprint 5,000–20,000 tonnes CO2e based on ~3,000 employees and manufacturing scale.

Supply chain mapped to raw material origin with OECD Guidance due diligence. Target: 80% of suppliers by emissions to have SBTi-validated targets by 2028. High-risk sourcing of gold, diamonds, gemstones from conflict-affected areas. No quantified Scope 3 emissions (tonnes CO2e) disclosed. Supply chain awareness demonstrated; verification absent.

No year-on-year absolute emissions data published. 2022 baseline exists for SBTi purposes but specific figures not accessible. Swiss energy transition documented (fuel oil to gas, LED installations, closed-loop cooling since 2019). 100% renewable electricity at Swiss facilities. Without multi-year figures, trajectory cannot be confirmed.

Swiss facilities 100% renewable electricity; 2022 baseline was 85%. Target: 100% by 2030. Fleurier Ebauries site certified Minergie (2010). Closed-loop cooling system installed in energy-intensive workshop since 2019. Switzerland's grid predominantly hydropower and nuclear. No third-party verification of 100% claim; non-Swiss operations unclear.

100% ethical gold via Fairmined and RJC-certified refineries since 2018. Water assessments identify two Peruvian mines in water-stressed areas (Arequipa) with Better Gold Initiative controls. FSC-certified packaging. No TNFD disclosure, deforestation-free commitment, or quantified biodiversity footprint. Awareness of risks; mitigation partial.

Lucent Steel uses 80%+ recycled industrial scrap within 1,000km, reducing emissions 30%. FSC-certified packaging with water-based varnish and recyclable fittings. 75% waste recycled; 12% waste intensity reduction in 2021. Chemical substitution: 77% of machinery using hazard-symbol-free lubricants. Metrics lack independent verification.

Water consumption monitored; recycling systems implemented in facilities. Supply chain assessment identifies two Peruvian mines in high-stress areas with 100% water reuse and rainwater harvesting. Closed-loop cooling installed in most water-intensive workshop (2019). No specific consumption figures (m³) or formal stewardship programme with reduction targets.

SBTi-aligned commitments: 55% Scope 1/2 reduction by 2030, 25% Scope 3 reduction (employee commuting only) by 2030, 100% renewable electricity by 2030, 80% suppliers with SBTi targets by 2028. Targets appear 'committed' not 'validated' on SBTi dashboard. Scope 3 target excludes purchased goods—the dominant category for precious metals companies.

First formal sustainability report published 2024 ('Artisan of Change'). Dedicated Head of Corporate Sustainability; CFO oversees supply chain due diligence reporting to board. RJC recertified (April 2025–2028). Private family company limits external accountability. No executive compensation linked to sustainability; no TCFD or ISSB disclosure. Quantitative data not publicly accessible.

No regulatory fines or upheld greenwashing rulings. 2018 WWF criticism for lack of transparency addressed via 2024 report. 2023–2024 due diligence discloses conflict-affected sourcing and Alrosa (Russia) sanctions exposure—managed, not concealed. No evidence of climate policy lobbying or misaligned trade memberships.