Swarovski is a renowned Austrian company that has been operating in the Jewelry & Watch industry for over a century. Founded in 1895 by Daniel Swarovski, the company has grown to become a global brand, known for its high-quality crystals and jewelry. Swarovski has always been committed to sustainability, and in recent years, they have taken significant steps towards decarbonisation and renewable energy.

Corporate Energy

Swarovski has been committed to reducing its carbon footprint and energy consumption for many years. In 2010, the company launched its Global Energy Management Program, which aimed to reduce energy consumption by 20% by 2020. The program included initiatives such as energy-efficient lighting, heating, and cooling systems, as well as the use of renewable energy sources.

As part of the program, Swarovski has installed solar panels on the roofs of its manufacturing facilities in Austria, which generate around 1.6 million kWh of electricity per year. The company has also implemented energy-efficient lighting systems across its stores and offices, which have reduced energy consumption by up to 50%.

In addition to these initiatives, Swarovski has also invested in energy-efficient technologies, such as heat recovery systems, which capture waste heat and reuse it to heat buildings or water. The company has also implemented a range of energy-saving measures, such as the use of timers and motion sensors to control lighting and heating systems.

Corporate PPA

Swarovski has also taken steps to increase its use of renewable energy sources. In 2019, the company signed a Corporate Power Purchase Agreement (PPA) with Enel Green Power, which will see Swarovski purchase 100% renewable electricity from Enel's new wind farm in Spain. The PPA will provide Swarovski with 30 GWh of renewable energy per year, which is equivalent to the energy consumption of around 10,000 households.

The PPA is part of Swarovski's commitment to sourcing 100% renewable energy for its operations by 2020. The company has also joined the RE100 initiative, which is a global campaign to encourage companies to commit to using 100% renewable energy.

Renewable Energy

Swarovski has also invested in a range of renewable energy projects, such as wind and solar farms. In 2018, the company invested in a new wind farm in Austria, which has a capacity of 13 MW and generates around 30 GWh of electricity per year. The wind farm provides renewable energy to Swarovski's manufacturing facilities in Austria, as well as to the local grid.

In addition to its wind farm, Swarovski has also invested in a range of solar projects, including the installation of solar panels on the roofs of its manufacturing facilities and stores. The company has also implemented a range of energy-saving measures, such as the use of timers and motion sensors to control lighting and heating systems.

Decarbonisation

Swarovski has set ambitious targets to reduce its carbon emissions and become carbon neutral by 2050. The company has committed to reducing its carbon emissions by 50% by 2020, compared to its 2010 baseline. To achieve this target, Swarovski has implemented a range of initiatives, such as energy-efficient lighting, heating, and cooling systems, as well as the use of renewable energy sources.

The company has also implemented a range of measures to reduce its carbon emissions from transportation, such as the use of electric vehicles and the optimization of its logistics operations. Swarovski has also implemented a range of measures to reduce its waste and water consumption, such as the use of recycled materials and the implementation of water-saving measures.

Conclusion

Swarovski is a global brand that has been committed to sustainability for many years. The company has taken significant steps towards decarbonisation and renewable energy, including the implementation of energy-efficient technologies, the use of renewable energy sources, and the investment in renewable energy projects. Swarovski has set ambitious targets to reduce its carbon emissions and become carbon neutral by 2050, and the company is well on its way to achieving these targets. The company's commitment to sustainability is a testament to its dedication to creating a better world for future generations.