Rolex sustainability score: 43/100

Scope 1 and 2 emissions quantified at ~10 kt CO₂e each across Swiss production sites using GHG Protocol, with multi-year tracking from 2021 baseline. Foreign affiliates contribute 78% of Scope 2. Report explicitly unaudited externally, limiting credibility.

Scope 3 quantified at 1,976 kt CO₂e with precious metals sourcing identified as 88% of footprint. Gold procurement dominates impact. Full category-by-category methodology not publicly detailed. No third-party verification or formal supplier engagement programme disclosed.

38% absolute decline from 3,231 kt CO₂e (2021) to 1,996 kt CO₂e (2023), driven by replacing mined gold with residual gold and sourcing lower-emission mines. Trajectory exceeds 2030 target. Only two years of data available; no external verification.

Natural gas remains primary heating and process fuel at Swiss sites; offsets via certificates, not renewable switching. Not RE100 member. Some solar installed but percentage undisclosed. Foreign affiliates use mainly non-renewable sources. Renewable transition stated but not demonstrated.

Urban Geneva and Bienne sites pose minimal direct nature risk. Perpetual Planet Initiative supports 48 endangered species, 33 million trees planted, 32 ecosystems preserved. No TNFD disclosure or biodiversity footprint quantified. Mining impacts acknowledged but not quantified.

70% internal gold recycled from production waste. Eco-box reduced petroleum plastic from 92% to 6%, cutting 500 tonnes annually. Material losses halved to <0.2% by 2023. No comprehensive waste diversion rates published; VOC consumption at 164 tonnes in 2023.

Saved 100,000+ m³ annually over 10 years in Geneva. Targets: 5% reduction by 2027, 10% by 2030. Five wastewater treatment plants pre-treat 11,000 m³ Geneva (21,000 m³ Bienne), meeting Swiss Federal Waters Protection Ordinance. Total water consumption figures not public.

SBTi-verified targets: 42% absolute Scope 1&2, 25% absolute Scope 3 reduction by 2030 vs 2021. Aligned with 1.5°C for Scope 1&2. No offset investments except air travel. Credible reduction-first approach. No net-zero long-term target disclosed.

First-ever public 118-page sustainability report in 2024 after internal-only since 2017. Significant transparency shift for historically secretive company. Explicitly will not be audited externally. No TCFD/CSRD framework mentioned. Private ownership limits external accountability structures.

No greenwashing lawsuits, regulatory fines, or climate policy lobbying found. Not covered by InfluenceMap. Good On You rates 'It's a Start' on planet. Historically secretive practices have drawn criticism but no documented environmental controversies identified.