Jewellery & Watches

Compagnie Financière Richemont sustainability score: 40/100

40/100

Making progress starts at 46. The highest score on SINK is 71.

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About Compagnie Financière Richemont

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.

More about Compagnie Financière Richemont

It reported €22.4 billion in sales and 40,465 employees in its 2026 financial year.

Head office Bellevue (Geneva), SwitzerlandStaff 40,465 (FY2026)Revenue €22.4B (FY2026)Website ↗

Read Compagnie Financière Richemont's own report ↗

Our verdict

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. Scores are free. Nobody can pay to change a score, speed it up or hide it. Last verified October 2026.

That places Compagnie Financière Richemont joint 421st of 1,023 companies scored, and 4th of 8 in Jewellery & Watches.

The ten questions

What is Compagnie Financière Richemont doing well, and where does it fall short?

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).

What's missing

Where Compagnie Financière Richemont 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 natureMeasure its effect on nature and have it independently verified.
  • How it uses materials and handles wasteReport measurable waste or recycling targets publicly.

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 chain6/10No full value-chain map or supplier engagement programme.
  • Whether its emissions are falling3/10No 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 waste4/10No measurable waste or recycling targets reported publicly.
  • Its effect on water4/10No measured water footprint with reduction targets.
  • Its climate targets6/10No validated long-term net zero target.
  • How openly it reports6/10No annual impact report, or no pay linked to climate targets.
  • Its record on controversies6/10Points deducted for controversies or its business model. The finding is under question 10.

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 Compagnie Financière Richemont's SINK score calculated?

Same ten questions for every company. No private weighting.

SINK = (0.3 × Base + 0.7 × Performance) × Scale
Industry base impact
Jewellery & Watches sector ceiling.
40 / 100
Performance score
Sum of the ten questions, each scored 0 to 10.
53 / 100
Raw score
Weighted average before scale penalty.
(0.3 × 40) + (0.7 × 53) = 49.1
Scale penalty
Multiplier based on total emissions. Bigger polluters lose more.
× 0.82
Final score
Rounded. Below expectations.
40 / 100
Where the evidence comes from

What evidence is Compagnie Financière Richemont's score based on?

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

50% of them were published by Compagnie Financière Richemont itself; the rest come from independent sources.

[1]Self-reported
Richemont Non-Financial Report 2026

“In FY26, Richemont's Scope 1 emissions remained overall stable compared to the prior reporting period.”

2026
Q1Q2Q3Q4Q5Q6Q7Q8Q9
View →
[2]Self-reported
Richemont Basis of Preparation 2026

“Emissions for purchased goods and services are modelled based on the average-data and spend-based method according to the GHG Protocol.”

2026
Q2
View →
[3]Third-party verified
SBTi Companies File (Excel)

“Compagnie Financière Richemont SA commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year.”

Ongoing
Q8
View →
[4]Self-reported
Richemont's Carbon Reduction Plans Validated by SBTi

“the Science Based targets we submitted in May have been validated by the Science Based Targets initiative”

Unknown
Q8
View →
[5]Public record
Environmental Objectives of Luxury Groups: Who is Aiming for What?

“its total scope 3 emissions could still be higher than in 2019, even if they have managed to reduce by 55 percent”

2025
Q3Q8
View →
[6]Self-reported
Richemont Sustainability Reports and Policies

“As presented in the Non-Financial Report 2026, sustainability at Richemont is rooted in the Group”

Ongoing
Q9
View →
[7]Third-party verified
RJC Certificate: IWC Schaffhausen (2020–2023)

“APPLICABLE STANDARD: CODE OF PRACTICES 2019”

2019
Q6
View →
[8]Independent source
Shop Ethical: Richemont Company Profile

“This company received a CDP Water Security score of B-.”

Ongoing
Q7Q9Q10
View →

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

For Compagnie Financière Richemont

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    Compagnie Financière Richemont: SINK sustainability score 40.

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Compagnie Financière Richemont in context

How does Compagnie Financière Richemont compare with other jewellery & watches companies?

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.

4/8
Compagnie Financière Richemont's rank
38
Industry average
23
Industry low
56
Industry high
See all 8 in Jewellery & Watches →
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