Geneva, Switzerland, 2 April, 2025 – The Watch and Jewellery Initiative 2030 (WJI 2030) announces the launch of its 2024/2025 Stakeholder Report Towards Collective Action at Watches and Wonders Geneva. The report highlights the collective action, achievements, and progress made by WJI 2030 together with its members and partners.
As the industry continues to navigate an increasingly complex and evolving regulatory and stakeholder landscape, WJI 2030’s mission and ambition remains unchanged. WJI 2030 provides an open multi-stakeholder platform to improve the understanding of topics, connected to climate resilience, preserving resources, and fostering inclusiveness. It defines individual journeys aligned with the regulatory frameworks, while collaborating on projects that deliver value for the industry and beyond.
Building Business Resilience through Collaboration
“We are committed to continuing our efforts to support all businesses and the wider industry,” said Iris Van der Veken, Executive Director & Secretary General of WJI 2030. “We see three important pathways ahead, focused on education, action and accountability. The launch of our Action Framework reflects this vision. Collaboration, diverse perspectives, and collective action are the keys to meaningful impact. As we reflect on another year, we are happy to share what has been achieved and optimistic about what’s ahead.”
Throughout 2024, WJI 2030 has empowered members of all sizes and maturity levels, to take meaningful actions towards the three pillars. Key initiatives like the SBTi program for SMEs and the Climate Navigator helped companies balance growth with emissions reductions. The launch of the Nature Roadmap provided clear guidelines for tackling the pressing nature and biodiversity crisis, and it’s through our Nature Action Playbook that we aim to support companies understand their nature dependencies and operationalise their nature strategies. A cornerstone of WJI 2030’s work has been its collaboration with UN Women, which has catalysed commitments to women’s empowerment and gender equality across the industry. This partnership has driven significant progress in aligning companies with the Women’s Empowerment Principles (WEPs), ensuring that gender equality is integrated into business models and corporate culture. Today, 50 of WJI 2030 member companies have signed the WEPs and integrated the framework has part of their work fostering inclusiveness.
In January 2025, the WJI 2030 introduced the Impact Action Journey Framework at the World Economic Forum in Davos. This digital framework serves as a structured system to guide companies in their efforts toward climate resilience, resource preservation, and fostering inclusiveness. It is a practical tool for accountability, enabling companies to measure and track their progress in creating tangible, measurable impact. We need to develop solutions that build capacity and foster accountability.
The Path Forward: Taking Action
This Stakeholder Report not only recognises the steps taken to date but also outlines the path forward for WJI 2030. The year ahead will be focused on scaling up actions, and providing clear, practical guidance to support companies in operationalizing new and ongoing legislative frameworks. In an era where brand integrity and talent attraction are more critical than ever, reinforcing responsible business practices is a business imperative.
For a detailed overview of our progress and the actions taken, we invite you to read the full 2024/2025 Stakeholder Report.
To access the full report, please click here.
For more information, please contact: mia.benedettini@wjinitiative2030.org
