Richemont is a Swiss luxury group with its registered seat in Bellevue, Geneva.
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Richemont has cut its own Scope 1 and 2 emissions sharply since 2019, but Scope 3, 98.7% of its footprint, is up 21.4% on the 2019 base year and its Scope 3 target is relative rather than absolute. It missed both 2025 targets (97% renewable electricity against 100%; 8.7% of suppliers with science-based targets against 20%), and part of its renewable electricity rests on unbundled certificates.
Compagnie Financière Richemont scores 40/100 (Below expectations) on SINK's independent climate assessment, scored from public data only. Fees pay for the review, never the result. Last verified October 2026.
That places Compagnie Financière Richemont joint 366th of 847 companies scored, and 4th of 8 in Jewellery & Watches.
Where Compagnie Financière Richemont sits among jewellery & watches peers.
Among the 8 major jewellery & watches brands we've scored, Compagnie Financière Richemont sits 4th of 8.
Its three lowest-scoring questions, and what the evidence didn't show.
Scope 1+2 fell 70% from base (via certificates) but rose 0.4% year-on-year.
Site actions limited to owned campuses (Villars-sur-Glâne, Bellevue flora/fauna inventories, Jaeger-LeCoultre plan).
In-house refiner Varinor began sourcing mined gold in FY26 (previously recycled-only).
A score changes when the evidence does. We use new published evidence at the next rescore. Evidence that isn't public can count through an evidence review.
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Get in touch →Strongest on Carbon Footprint — Operations and Carbon Footprint — Supply Chain (8/10, 6/10). Weakest on Emissions Trajectory and Nature & Biodiversity Impact (3/10, 4/10).
The 3 companies in the sector scoring nearest above Compagnie Financière Richemont.
Swarovski has cut absolute emissions 46% since 2019 and validated net-zero targets to 2050, but remains dependent on non-renewable heat at manufacturing and lacks biodiversity commitments.
See the breakdown →Rolex's reported footprint fell 72% from 2021 to 891 kt in 2025, but rose year on year in 2025 as Scope 3 grew while Scope 1 and 2 fell, and its report is not externally audited.
See the breakdown →Swatch Group reports declining absolute emissions across Scopes 1–2 (31% since 2021) and Scope 3 (27% since 2023), but has no group Scope 3 target yet, although Scope 3 is 96% of its footprint.
See the breakdown →The formula and all 8 sources.
Same ten questions for every company. No private weighting.
SINK = (0.3 × Base + 0.7 × Performance) × Scale8 sources used in this assessment. All publicly available. Each row shows which of the ten questions it informed.
“In FY26, Richemont's Scope 1 emissions remained overall stable compared to the prior reporting period.”
“Emissions for purchased goods and services are modelled based on the average-data and spend-based method according to the GHG Protocol.”
“Compagnie Financière Richemont SA commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year.”
“the Science Based targets we submitted in May have been validated by the Science Based Targets initiative”
“its total scope 3 emissions could still be higher than in 2019, even if they have managed to reduce by 55 percent”
“As presented in the Non-Financial Report 2026, sustainability at Richemont is rooted in the Group”
“APPLICABLE STANDARD: CODE OF PRACTICES 2019”
“This company received a CDP Water Security score of B-.”
If you believe a source has been misread or a newer version exists, submit a challenge.
Richemont is a Swiss luxury group with its registered seat in Bellevue, Geneva. It owns 24 Maisons across jewellery, watches and fashion, including Cartier, Van Cleef & Arpels, IWC and Panerai. It reported €22.4 billion in sales and 40,465 employees in its 2026 financial year.
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