Time Watch Investments Limited Announces 2025 ESG Report Highlighting Environmental and Social Performance

Bulletin Express
2025/10/27

Time Watch Investments Limited released its 2025 Environmental, Social and Governance Report, covering the period from 1 July 2024 to 30 June 2025. The document outlines its commitment to sustainable development in watch manufacturing, retail sales, and e-commerce across approximately 1,575 points of sale and major online platforms in the People’s Republic of China, where its key brands include Tian Wang and Balco.

According to the report, governance measures are led by the Board of Directors, with an ESG Management Team and an Internal Task Force supporting strategy implementation. In supplier assessments, 219 key partners were engaged, focusing on product quality, on-time delivery, and environmental criteria; 96 of these suppliers underwent formal performance evaluations. Over the reporting period, eight product and service-related complaints were received and fully resolved.

The Group reported a total of 2,359 employees, including 2,032 female and 327 male staff. Turnover was reviewed, with all activities adhering to strict internal policies that prohibit forced labor and discrimination. No work-related fatalities were recorded in this period. Training sessions addressed watch product knowledge, sales, and safety, while community support included contributions totaling RMB110,000 to organizations dedicated to mangrove conservation and ecological education.

Environmental metrics reflected 893.07 tonnes of greenhouse gas emissions and 28.64 tonnes of non-hazardous waste. The Group also indicated a continued focus on reducing air pollutants, adopting energy-saving measures, and managing its supply chain responsibly. By implementing guidelines for effective use of resources and encouraging low-carbon procedures, the company aims to advance resource efficiency and reduce overall emissions in the coming years.

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