Swarovski partners with Climeworks to tackle CO2 emissions

Swarovski is building on its sustainability strategy in a new five-year partnership with CO2 removal company Climeworks.

The luxury jewellery brand will utilise Climeworks's CO2 air capture technology to help reduce, remove and offset its CO2 emissions. Reduction, removal and offsetting are all necessary methodologies to reach the climate targets set out in the 2015 Paris Agreement.

To reduce its global carbon footprint, Swarovski is investing in more efficient manufacturing operations, along with sourcing more sustainable materials for products, packaging and architecture. In-turn, the brand hopes this will positively impact the transport of goods and other steps along the value chain.

Through its new agreement with Climeworks, Swarovski hopes to inspire others to begin their own carbon removal journey.

Michele Molon, Swarovski's interim CEO, said: "In 2021 we strengthened our sustainability strategy, focusing on the key area of climate mitigation. With the firm belief that scientific knowledge is indispensable to understanding and creating change, we also aligned with the Science Based Targets initiative to further our commitment. By signing this carbon removal agreement with Climeworks on their CO2 removal technology, we are marking our continued journey to confront one of our planet‘s most pressing issues.”