Pandora

Pandora, a Denmark-headquartered company in the Retail trade services sector, reported total carbon emissions of approximately 286.2 million kg CO2e in 2024. This includes about 910,000 kg CO2e from Scope 1 emissions, 341,000 kg CO2e from market-based Scope 2 emissions (43.1 million kg CO2e location-based), and approximately 284.9 million kg CO2e from Scope 3 emissions. For comparison, their total emissions in 2023 were around 273.0 million kg CO2e.

Pandora has set ambitious climate commitments verified by the Science Based Targets initiative (SBTi). The company commits to reaching net-zero greenhouse gas emissions across its value chain by 2050, with several interim targets. This includes a commitment to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2030 from a 2019 baseline. Furthermore, Pandora aims to achieve carbon neutrality in its own operations (Scope 1 and 2 market-based) by 2025, with at least a 90% reduction from a 2019 baseline, and to reduce absolute Scope 3 emissions by 42% by 2030 from a 2019 baseline. Long-term, the company commits to maintaining at least 90% absolute Scope 1 and 2 GHG emission reductions from 2030 through 2050 from a 2019 base year, and to reducing absolute Scope 3 GHG emissions by 90% by 2040 from a 2019 base year.