Pandora

Pandora, headquartered in Denmark and operating in retail trade services, reported total carbon emissions of approximately 286,198,000 kg CO2e in 2024. This includes Scope 1 emissions of 910,000 kg CO2e, market-based Scope 2 emissions of 341,000 kg CO2e, and Scope 3 emissions of 284,947,000 kg CO2e. The largest contributors to Scope 3 emissions in 2024 were purchased goods and services at 172,707,000 kg CO2e and upstream transportation and distribution at 38,659,000 kg CO2e.

Looking back, Pandora's total emissions were approximately 272,967,000 kg CO2e in 2023, 341,748,000 kg CO2e in 2022, 320,620,000 kg CO2e in 2021, 300,746,000 kg CO2e in 2020, and 344,522,000 kg CO2e in 2019. In 2018, Pandora reported Scope 1 emissions of 1,305,000 kg CO2e and location-based Scope 2 emissions of 48,202,000 kg CO2e, but did not disclose Scope 3 emissions for that year.

Pandora A/S has set ambitious climate commitments. They aim to achieve net zero emissions across their value chain by 2050, with interim targets verified by the Science Based Targets initiative (SBTi). Specifically, Pandora is committed to reducing absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2030 from a 2019 baseline. Within this, they plan to become carbon neutral in their own operations (Scope 1 and market-based Scope 2) by 2025, by reducing emissions by at least 90% from a 2019 baseline, and reduce absolute Scope 3 emissions by 42% by 2030 from a 2019 baseline. Long-term, they also commit to maintaining at least 90% absolute Scope 1 and 2 GHG emissions reductions from 2030 through 2050 from a 2019 baseline, and to reduce absolute Scope 3 GHG emissions by 90% by 2040 from a 2019 base year, maintaining these reductions through 2050.