Image courtesy of Flickr user HKmPUA.

General information

  • IWC Schaffhausen is a Swiss mechanical watch manufacturer
  • Founded in 1868
  • Employees: ~ 800
  • CEO: Georges Kern
  • Parent company: Richemont International SA

Key sustainability initiatives at IWC Schaffhausen

  1. Carbon neutral certification
  2. Day-to-day initiatives
    • Innovative ventilation and insulation for building temperature control
    • Heat recycling from water sewage systems and ground-water energy tapping, heat recovery from exhaust air
    • High efficiency filtering for wastes, rain water recycling for toilet flushing
    • Planned: Solar panels for all water heating in manufacturing areas
  3. Employee initiatives
    • Co-investment in personal carbon offsetting projects taken up by employees
    • Mandatory public transport for business reasons and subsidy on public transport for personal reasons for all employees
    • Financial support for private CO2 measures, such as heating systems and low emissions cars
    • Private emissions calculators and offset information on office intranet
  4. Support for external organizations

Benefits of sustainability initiatives

Environmental

  • 50% carbon emissions reduction in efficiently designed buildings in 2008
  • Energy consumption in manufacturing has remained stable even though effective area has increased 6,000 square meters
  • Measures prevent release of 750 tons of CO2 per year
  • Estimated emissions in 2010 will be 100 tons, a 90% reduction

Cultural

  • IWC is a certified carbon neutral business
  • Sustainability initiatives differentiate IWC’s brand
  • Employee response to initiatives has been very positive

Financial

  • External aid: Swiss Federal Office of Energy funds IWC’s heat exchange plant which is based on waste water heat recycling and runs all year long
  • Lowering of energy usage (measured both by employee basis and square meter)
  • Same level of energy usage since 2003, despite increase in company size