Movado Group, Inc. Corporate Responsibility, Time to Evolve

Corporate Responsibility

We aim to innovate new products and promote behaviors that reduce negative effects on the planet and lead to a more sustainable future.

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ENCOURAGING 360° DESIGN

We are embracing design practices that make more responsible materials and techniques a priority across our business.

#Better for the Planet

We have launched our Better for the Planet initiative, challenging all of our brands to develop products and packaging according to specific design and materials criteria.

What are Better for the Planet products?

What is Better for the Planet packaging?

PROMOTING RESPONSIBLE SOURCING

We partner with our supply chain to ensure key materials are responsibly sourced, and we have set targets to expand those aims.

Environmental Policy

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#Diamonds And Leather

In 2019, we banned the use of exotic skins in new products. We are close to achieving our goal of sourcing 100% of our diamonds from RJC-certified suppliers. In 2021, we sourced 85% of our leather from food industry by-product, and 47% of our leather from LWG-certified suppliers; we aim to reach 100% responsibly sourced leather by 2026.

Minerals And Animal Welfare Policy

#Paper And Plastic

We have taken steps to reduce the amount of paper used, and we are reducing our use of synthetic and virgin plastics by substituting recycled, reclaimed, and bio plastics and other alternatives.

REDUCING CONSUMPTION AND WASTE

We are committed to minimizing our environmental footprint through meaningful and balanced action.

#Eliminating Battery Waste

Watch batteries are discarded every 2 to 5 years. We are reducing this environmental cost by expanding our selection of battery-free automatic and solar-powered movements.

#Using Recycled Materials

We use recycled and repurposed materials in our products and packaging. Currently, over 90% of the wood and pulp fibers and 55% of the plastic used in our watch boxes is recycled material.

#Combatting Climate Change

We are working with an outside environmental consultant to measure our GHG emissions and the environmental impacts of key products by conducting a carbon footprint and several product lifecycle assessments.