Retail (non-fashion)

Watches of Switzerland sustainability score: 52/100

52/100
Making progress
Joint 1st of 56 in Retail (non-fashion)

Better than 95% of Retail (non-fashion)

Leading practice starts at 60. The highest score on SINK is 71.

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About Watches of Switzerland

Watches of Switzerland Group is a London-listed luxury watch and jewellery retailer, trading as Watches of Switzerland, Goldsmiths and Mappin & Webb in the UK and Europe and as Mayors and other brands in the US. It reported £1,827.9 million of revenue for the 53 weeks to 3 May 2026, with about 2,940 employees.

Founded 2019Head office Leicester, United KingdomStaff ~2,942 (2026)Revenue £1,827.9 million revenue (53 weeks ended 3 May 2026; 52 weeks to 27 April 2025: £1,651.5 million)Website ↗

Read Watches of Switzerland's own report ↗

Our verdict

Watches of Switzerland has SBTi-validated near-term and net-zero targets and BDO-assured emissions data, but its total emissions rose 14% and its Scope 3 rose 15% in FY26, which it puts down to growth and higher spend-based emission factors. Most of its Scope 3 is still estimated from spend, and its water and nature impacts are only partly measured.

Watches of Switzerland scores 52/100 (Making progress) on SINK's independent climate assessment, scored from public data only. Scores are free. Nobody can pay to change a score, speed it up or hide it. Last verified November 2026.

That places Watches of Switzerland joint 113th of 1,055 companies scored, and joint 1st of 56 in Retail (non-fashion).

The ten questions

What is Watches of Switzerland doing well, and where does it fall short?

Strongest on Carbon Footprint: Operations and Targets & Commitments (8/10, 8/10). Weakest on Emissions Trajectory and Water Impact (1/10, 3/10).

What's missing

Where Watches of Switzerland lost points

For each question that lost points, the evidence our public rubric looks for that we didn't find.

What would raise this score

  • Whether its emissions are fallingShow its emissions are falling.
  • Its effect on waterMonitor its water use and take measures to reduce it.
  • Its effect on natureMeasure its effect on nature and have it independently verified.

Every question that lost points

  • Emissions from its own operations8/10No verified figures published with their method and a falling trend.
  • Emissions from its supply chain7/10No full value-chain map or supplier engagement programme.
  • Whether its emissions are falling1/10No evidence its emissions are falling.
  • How clean its energy is6/10Less than 90% of its energy shown to be renewable.
  • Its effect on nature4/10Its effect on nature isn't measured or independently verified.
  • How it uses materials and handles waste5/10No measurable waste or recycling targets reported publicly.
  • Its effect on water3/10No monitoring of water use, or no measures to reduce it.
  • Its climate targets8/10No validated long-term net zero target.
  • How openly it reports8/10No mission-locked structure, such as B Corp certification.

A score changes when the evidence does. We use new published evidence at the next rescore. Anyone can send us new evidence, free. How to send it.

The calculation

How is Watches of Switzerland's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Retail (non-fashion) sector ceiling.
48 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
58 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 48) + (0.7 × 58) = 55.0
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.95
Final score
Rounded. Making progress.
52 / 100
Where the evidence comes from

What evidence is Watches of Switzerland's score based on?

8 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.

63% of them were published by Watches of Switzerland itself; the rest come from independent sources.

[1]Self-reported
Annual Report and Accounts 2026 (53 weeks ended 3 May 2026)

“Reduced our combined Scope 1 and 2 emissions by 2%”

2026
Q1Q2Q3Q4Q5Q6Q7Q8Q9
View →
[2]Self-reported
Supplier Sustainability Standards 2026

“been validated by the Science Based Targets initiative and are”

2026
Q2
View →
[3]Self-reported
Environment Policy 2025

“repairs and reuse and increasing the use of recyclable”

2025
Q6Q8
View →
[4]Self-reported
Environment Policy (February 2026)

“globally or nationally important biodiversity sites”

2026
Q5
View →
[5]Self-reported
Goldsmiths Sustainability

“in the UK we source 100% renewable energy and a fifth of all client deliveries are made by electric vehicles”

Ongoing
Q4
View →
[6]Independent source
Watches of Switzerland Taps Into Lab-Grown Diamond Boom in Jewellery Push

“It has also launched a lab-grown diamond offering in the UK through its Goldsmiths brand”

Unknown
Q6Q10
View →
[7]Independent source
Watches of Switzerland Forecasts

“Watches of Switzerland has upgraded its sales guidance for its 2026 financial year”

2026
Q3
View →
[8]Independent source
Watches of Switzerland Sustainability Profile

“Watches of Switzerland must demonstrate an annual reduction in Scope 1, 2 & 3 greenhouse gas emissions”

2023
Q9Q10
View →

If you believe a source has been misread or a newer version exists, submit a challenge.

For Watches of Switzerland

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    Watches of Switzerland: SINK sustainability score 52.

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Watches of Switzerland in context

How does Watches of Switzerland compare with other retail (non-fashion) companies?

Watches of Switzerland shares top spot among retail (non-fashion) peers.

Among the 56 major retail (non-fashion) brands we've scored, Watches of Switzerland is tied =1st of 56, with 3 others.

=1/56
Watches of Switzerland's rank
38
Industry average
18
Industry low
52
Industry high
See all 56 in Retail (non-fashion) →
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