Chrono24 GmbH, headquartered in Germany, is a leading online marketplace for luxury watches, connecting buyers and sellers across the globe. Founded in 2003, the company has established itself as a prominent player in the watch industry, facilitating transactions in major markets including Europe, North America, and Asia. Specialising in the sale of new and pre-owned timepieces, Chrono24 offers a unique platform that ensures secure transactions and a vast selection of high-end brands. Its commitment to transparency and customer satisfaction has garnered a loyal user base, making it a trusted name in the luxury watch sector. With millions of listings and a strong market presence, Chrono24 continues to set the standard for online watch sales, reflecting its dedication to innovation and excellence in the industry.
How does Chrono24 GmbH's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Chrono24 GmbH's score of 20 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Chrono24 GmbH reported total carbon emissions of approximately 6,200,000 kg CO2e, with emissions distributed across various scopes: 44,680 kg CO2e from Scope 1, 34,810 kg CO2e from Scope 2, and a significant 6,175,330 kg CO2e from Scope 3. This data highlights the company's substantial indirect emissions, primarily from its value chain. Currently, Chrono24 has not established any specific reduction targets or climate pledges, indicating a potential area for future commitment. The absence of cascading emissions data suggests that the company is independently reporting its emissions without influence from a parent organisation. As the company continues to navigate its environmental impact, it may benefit from setting measurable targets aligned with industry standards to enhance its sustainability profile.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Chrono24 GmbH is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.