Below is the information acquired on THE SWATCH GROUP LTD., which is not yet included in our research perimeter.

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Last update 28 May 2020

Description of economic activities

Manufacture of watches and clocks (NACE2 2652)

This company is an international group that, together with its subsidiaries, is active in the manufacture and sale of finished watches, jewelry, watch movements and components. It was formed in 1983 through the merging of the two Swiss watch manufacturers ASUAG and SSIH. The company has its registered head office located in Biel, Switzerland.The company owns some of the most famous and fine brands of watch of the history of watchmaking. It offers watches in all price and market categories: Breguet, Blancpain, Jaquet-Droz, Glashuette-Original, Leon Hatot, Omega, Longines and Rado in the prestige and high-range segments; Tissot, Calvin Klein, Certina, Mido, Hamilton, Union and Balmain in the middle-range segment; Swatch and Flik Flak in the basic-range segment, and Endura in the private-label segment. The company also manufactures mechanical and quartz movements.The company supplies nearly all components required by its eighteen watch brands, and its subsidiaries supply movements and components to third-party watchmakers in Switzerland and around the world. It is also a key player in the manufacture and sale of electronic systems used in watchmaking and other industries.The company is the largest manufacturer of finished watches in the world. It has some fifty production centers situated mainly in Switzerland, also in France, Germany, Italy, the United States, Virgin Islands, Thailand, Malaysia, and China. The company is active in more than 50 countries.
  • THE SWATCH GROUP LTD.

  • Switzerland (CH)
  • Company type: Corporate
  • Parent company: N/A
  • Chief Executive Officer (CEO): Dr. Nayla Hayek
  • CEO Total remuneration: N/A
  • Website: www.swatchgroup.com

Financial data

Number of employees

36,089
37,123
35,360
35,705

Revenue 1

7.703
7.676
6.929
7.285

EBIT 1

940.537
1.023
856.646
751.658

EBITDA 1

1.383
1.461
1.263
1.159

1 numbers are in millions

  • RepRisk Indicator (last month):  N/A

Social dialog

  • Transnational Corporate Agreement (TCA): N/A
  • Global Framework Agreement (GFA): N/A
  • Societas Europaea (SE): N/A
  • Bangladesh Accord: N/A

European Works Councils

Standards and certifications

  • Global Compact: N/A
  • CDP (Carbon Disclosure Project): N/A
  • Modern Slavery Statement: N/A
  • Transparency Index: N/A
  • SA8000 Social Accountability: N/A
  • Integrated report: N/A
  • ISO26000: N/A
  • OECD Guidelines:
  • Social Development Goals (SDGs): N/A

Global Reporting Initiative certification

  • Global Reporting Initiative standards: N/A
  • Global Reporting Initiative GRI G4: N/A

Other company declarations

Policies

  • Training policy: N/A
  • Policy to protect the right to health and safety in the workplaces where the company operates: N/A
  • Policy to protect the right to health and safety in the workplaces in the supply chain: N/A
  • Diversity policy: N/A

Universal declarations

Declarations and treaties recognised by the country where the company has its registered office

  • Universal Declaration of Human Rights:
  • European Convention on Human Rights (ECHR):
  • Charter of Fundamental Rights of CDFL Workers (Strasbourg Charter 1989):
  • Charter of Fundamental Rights of the European Union EU CFR (Nice Charter 2000):
  • Treaty on the Functioning of the European Union TFEU:
  • Registered office in an OECD country:
  • ILO C029 - Forced Labour Convention, 1930 (No. 29):
  • ILO C087 - Freedom of Association and Protection of the Right to Organise Convention, 1948 (No. 87):
  • ILO C098 - Right to Organise and Collective Bargaining Convention, 1949 (No. 98):
  • ILO C100 - Equal Remuneration Convention, 1951 (No. 100):
  • ILO C105 - Abolition of Forced Labour Convention, 1957 (No. 105):
  • ILO C111 - Discrimination (Employment and Occupation) Convention, 1958 (No. 111):
  • ILO C138 - Minimum Age Convention, 1973 (No. 138):
  • ILO C182 - Worst Forms of Child Labour Convention, 1999 (No. 182):

Directives applied in the company offices in EU 27

  • D. 80/987/EEC:
  • D. 89/391/EEC:
  • D. 98/59/EC:
  • D. 2000/43/EC:
  • D. 2000/78/EC:
  • D. 2001/23/EC:
  • Council D. 2001/86/EC:
  • D. 2002/14/EC:
  • D. 2002/73/EC:
  • Council D. 2003/72/EC:
  • EP and Council D. 2005/56/EC:
  • D. 2009/38/EC:
  • D. 2004/25/EC:
  • D. 2011/35/EU:

Presence in main rankings

  • Global 100 Most Sustainable Corporations: N/A
  • Global CSR Rep Trak 100: N/A
  • BrandZ Top 100 Most Valuable US Brands: N/A
  • The Worlds Best Multinational Workplaces: N/A
  • The Gartner Supply Chain Top 25: N/A
  • The Worlds Most Innovative Companies: N/A
  • The Diversity Inc Top 50 Companies: N/A
  • Best Global Websites: N/A
  • Green Ranking Global Top 500: N/A
  • Green Ranking Global Top 100: N/A