Pandora Sustainability Profile
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 84 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pandora's reported carbon emissions
In 2024, Pandora A/S reported total carbon emissions of approximately 286,198,000 kg CO2e. This includes 910,000 kg CO2e from Scope 1 emissions, 34,1000 kg CO2e from Scope 2 (market-based), and a significant 284,947,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve carbon neutrality in its operations by 2025, targeting a reduction of at least 90% in Scope 1 and 2 emissions from a 2019 baseline. Furthermore, Pandora is committed to reaching net-zero emissions across its entire value chain by 2050, with interim targets to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 50% by 2030 from the same baseline year. Pandora's long-term goals include maintaining at least 90% reductions in 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 the Science Based Targets initiative (SBTi) and reflect the company's dedication to sustainable practices within the textiles, apparel, footwear, and luxury goods sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,305,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | 48,202,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Pandora's Industry?
How Carbon Intensive is Pandora's Location?
Pandora's Scope 3 Categories Breakdown
Pandora's Scope 3 emissions, which increased by 7% last year and decreased by approximately 3% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 61% of Scope 3 emissions.
Top Scope 3 Categories
Pandora's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pandora has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
