IWC Schaffhausen
On Track. Pays or is working towards a living wage, with gaps still to close.
Last researched 2 November 2026 · 6 sources
Richemont-owned Swiss watchmaker known for Pilot's watches.
IWC Schaffhausen makes its luxury wristwatches in its own factories in Switzerland, where legal wages are about a living wage.
Also worth knowing
It is certified by the Responsible Jewellery Council and publishes a modern slavery statement.
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Why it's graded On Track
- Not met: Meets 4 of 7 Good requirements.
- Met: No red flags.
Good requirements 4 of 7
- Met: Pays a living wage, or holds a strong fair-pay certificationLiving wage: presumed because legal wages in Switzerland are about a living wage, not checked at the company
- Met: Respects worker rights
- Not met: Supply chain independently audited or certified, or at least 80% made in countries with strong labour standards
- Not met: Shows where its earlier production stages happen, not just the final oneA "Made in" claim can cover only the final stage. Earlier stages to show: watch movements, cases and dials, and cast or set parts
- Met: No child or forced labour findings or links
- Met: Names the factories or farms that make its products, or is fully certified by a scheme that holds and audits that listMakes its products in its own factories
- Not met: Conflict-free: diamonds, gems and gold traced to the mine, lab-grown, recycled or Fairmined (the Kimberley Process alone isn't enough)
Red flags 0
None found.
Stars it would earn as Good
None yet. Stars only show on Good companies. About stars
Where it's made
From IWC Schaffhausen's own disclosure: it makes its products in its own factories.
| Country | Worker rights | Legal minimum wage | Forced labour risk |
|---|---|---|---|
| Switzerland | Regular violations | About a living wage | Low |
Evidence
What we found
- Risk across the industry, not a finding about this company: gold and gemstone mining are linked to child labour, forced labour and mercury poisoning.
- Responsible Jewellery Council certified: Industry code for jewellery businesses covering human rights and responsible sourcing. Its Chain of Custody standard traces materials; the basic certification does not. Source
- Owns or runs its own production
- Modern slavery statement
- Uses high-risk raw materials such as tanned leather, mica or artisanal gold.
- "Made in Switzerland" only means the last major stage happened there: under customs and consumer law, watch movements, cases and dials, and cast or set parts can be made elsewhere. It hasn't shown where those earlier stages happen, so where it's made counts towards On Track but not Good.
- It is Responsible Jewellery Council certified, but its stones and gold aren't traced to the mine. The Kimberley Process only covers diamonds that fund rebel wars, not abuses by governments or forced labour.
Research notes IWC makes its movements, cases and watches at its own sites in and around Schaffhausen, Switzerland, including the Merishausen manufacturing centre. It has been an RJC member since 2012, holds RJC Code of Practices certification to December 2026 and Chain of Custody certification to February 2027, and says it sources precious-metal components only from Chain of Custody certified suppliers. Richemont runs risk-based SMETA audits of suppliers, but IWC publishes no supplier list, audit results, mine-level tracing of gold or diamonds, or living wage commitment.
What independent sources say
| Source | Result | Details |
|---|---|---|
| Australian Modern Slavery Register | Listed | Richemont Australia Pty Ltd, which sells IWC in Australia, lodged a modern slavery statement for FY25 reporting no cases. View |
| Business & Human Rights Resource Centre | Unclear | No labour abuse allegations involving IWC's workshops or suppliers were identified. View |
Sources and actions
Sources 6
Show all 6 sources
- RJC member page - IWC Schaffhausen, Branch of Richemont · search the archive · RJC member since 2012; COP certified 20 Dec 2023 to 20 Dec 2026; Chain of Custody certified 2 Feb 2024 to 2 Feb 2027.
Published by IWC Schaffhausen or its owner
- IWC Sustainability Targets · search the archive · RJC Chain of Custody certification of watch components achieved; sources only from suppliers with the same certification.
- IWC - Supply chain · search the archive · Supplier Code of Conduct tracking and risk-based audit plans; no exotic or endangered leathers.
- IWC celebrates topping out of Merishausen manufacturing centre (IWC press, 2017) · search the archive · Movement and case production moving to the Merishausen centre in Schaffhausen, with space for about 400 staff.
- Richemont Australia Pty Ltd - Modern Slavery Statement FY25 · search the archive · Lists IWC; products sourced intra-group; gold, diamonds, leather and watch components treated as key risks; SMETA audits; no cases in FY25.
- IWC Schaffhausen Boutique - Sydney King Street · search the archive · IWC has its own boutique in Sydney.
Company details
- Owned by
- Richemont
- Headquarters
- Switzerland
- Last researched
- 2 November 2026
- Cite this page
- Labour Lens, "Is IWC Schaffhausen ethical? Labour rating", https://www.labourlens.net/brand/iwc, last researched 2 November 2026, accessed [date].
- Method
- Researched with AI assistance against published rules. How we check · What On Track means
Something missing or wrong?
Grades are opinions based on the evidence listed here. Send us evidence, or a right of reply if you represent IWC Schaffhausen.