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 Scope 2 (market-based), and approximately 284.9 million kg CO2e from Scope 3 emissions.

In 2023, Pandora's total carbon emissions were around 273.0 million kg CO2e, with Scope 1 emissions at approximately 1.2 million kg CO2e, Scope 2 (market-based) at about 5.7 million kg CO2e, and Scope 3 at approximately 266.1 million kg CO2e. Looking back to 2019, the company's total emissions were approximately 344.5 million kg CO2e.

Pandora has established several climate commitments. The company aims to become carbon neutral in its own operations by 2025, targeting a 90% reduction in Scope 1 and 2 (market-based) emissions from a 2019 baseline. Any remaining emissions will be balanced by carbon removal mechanisms and offsets.

Furthermore, Pandora has a near-term target to reduce its absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2030 from a 2019 baseline. Specifically for Scope 3 emissions, they commit to a 42% reduction by 2030 from the same 2019 baseline. The company's long-term goal is to achieve net-zero emissions across its entire value chain by 2040. These targets, including an overall net-zero commitment by 2050, have been set and approved by the Science Based Targets initiative (SBTi) as consistent with a 1.5°C warming trajectory.