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 99% 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 past few years, Pandora has made significant strides in reducing its carbon footprint, with total emissions increasing from 266,075,000 kg CO2e in 2020 to 341,748,000 kg CO2e in 2022, before decreasing in 2023. Pandora has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1, 2, and 3 emissions by 50% by 2030, using 2019 as the baseline year. Furthermore, long-term goals include maintaining at least a 90% reduction in absolute Scope 1 and 2 emissions from 2030 through 2050, and a 90% reduction in Scope 3 emissions by 2040, with similar maintenance targets through 2050. These commitments align with industry standards and reflect Pandora's dedication to sustainability within the textiles, apparel, footwear, and luxury goods sector, headquartered in Denmark (DK).
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| 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.
