The WWF (World Wide Fund for Nature) has investigated the sustainability standards of Swiss watch and jewellery makers. The most recurrent shortcomings concern gold declarations. However, a rethink is now underway. (SRF/swissinfo.ch)
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Switzerland’s golden opportunity for responsible business
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Mark Pieth of the University of Basel criticises the Swiss government for lacking the political will to build a more responsible gold supply chain.
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The watches generally have multiple tourbillons and inclined balance wheels that make the timepieces extra expensive. The company employs more than one hundred people, with the majority in the hand-finishing department. All this attention to detail comes at a price, of course. The Tourbillon 24 Secondes Vision introduced in 2015 cost under CHF300,000 ($298,300). But the timepiece…
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