The Swatch Group Ltd. is a diversified multinational holding company active in the manufacture and sale of finished watches, jewelry, watch movements and components. It is the world’s largest watchmaking group, and supplies nearly all the components required for the watches sold by its eighteen individual brands and the multi-brand retail companies Tourbillon and Hour Passion.
The Swatch Group Ltd. was founded in 1983, by Nicolas G. Hayek. Originally known as SMH, it was created out of the merger of two Swiss watch companies. The Swatch Group Ltd. in Biel (Switzerland) is today the largest manufacture of finished watches in the world.
Its production companies supply movements and components to third-party watchmakers in Switzerland and around the world. Swatch Group is a key player in the manufacture and sale of electronic systems used in watchmaking and other industries. It is also a leader in the field of sports event timing.
Swatch Group
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3.3
Overall Excellence Rating
Industry
ManufacturingCategory
Consumer Product ManufacturingESG/Ethical Impact
Swatch Group is committed to safeguarding its continued development, while also protecting the environment and guaranteeing the health and safety of individuals. The company endeavors to do the best it can in all areas and at all levels of the company to fulfill this responsibility. The Group’s aim is to create value for its stakeholders, the environment and society as a whole. Environmental, ethical and social criteria have therefore always been an integral part of its corporate culture and its sourcing policy. The Executive Group Management Board, the Extended Group Management Board and the management teams at the individual units continually ensure that they demonstrate what this culture of responsibility looks like and that all employees at all levels continually share and practice this approach.
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Awards Received
2023
Revenues
8786000000
Website Traffic
Employee Rating
3.6
Customer Rating
3.6
Company Size
10000+
ESG Risk Rating
4