Pandora
Pandora A/S, commonly known as Pandora, is a renowned Danish jewellery manufacturer headquartered in Copenhagen, Denmark (DK). Founded in 1982, the company has established itself as a leader in the global jewellery industry, particularly in the design and crafting of charm bracelets, rings, earrings, and necklaces. With a strong presence in Europe, North America, and Asia, Pandora operates in over 100 countries, showcasing its commitment to quality and craftsmanship. The brand is celebrated for its unique charm concept, allowing customers to personalise their jewellery, which has significantly contributed to its market position. Notable achievements include being one of the largest jewellery brands worldwide, with a focus on sustainable practices and innovative designs. Through its dedication to creativity and customer engagement, Pandora continues to redefine the jewellery experience for consumers globally.
DitchCarbon Score
How does Pandora's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Pandora's score of 68 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Pandora's reported carbon emissions
In 2023, Pandora A/S reported total greenhouse gas emissions of approximately 264,543,000 kg CO2e. This figure includes 1,245,000 kg CO2e from Scope 1 emissions, 5,672,000 kg CO2e from Scope 2 emissions (market-based), and 257,626,000 kg CO2e from Scope 3 emissions. Over the years, Pandora has demonstrated a commitment to reducing its carbon footprint, with a target to cut absolute Scope 1, 2, and 3 emissions by 50% by 2030, using 2019 as the baseline year. In 2022, total emissions were approximately 341,748,000 kg CO2e, indicating a reduction in emissions in 2023. The company has also set long-term goals to achieve net-zero emissions across its value chain by 2050, with specific targets to reduce Scope 3 emissions by 90% by 2040 and maintain at least 90% reductions in Scope 1 and 2 emissions from 2030 through 2050. Pandora's emissions intensity has shown a downward trend, with emissions per unit of revenue decreasing from 0.014 tonnes CO2e in 2020 to 0.0094 tonnes CO2e in 2023. This reflects the company's ongoing efforts to integrate sustainability into its operations and supply chain, aligning with industry standards for climate action.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,250,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 22,409,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 242,416,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Pandora is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
