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 73 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 carbon 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 a significant 257,626,000 kg CO2e from Scope 3 emissions. The company has demonstrated a commitment to reducing its carbon footprint, with a target to achieve a 50% reduction in absolute Scope 1, 2, and 3 greenhouse gas emissions by 2030, using 2019 as the baseline year. Pandora's long-term goals include reaching net-zero greenhouse gas emissions across its entire value chain by 2050. Specifically, the company aims to maintain at least a 90% reduction in absolute Scope 1 and 2 emissions from 2030 through 2050, and to reduce absolute Scope 3 emissions by 90% by 2040, with the same 90% reduction maintained from 2040 to 2050. The company has shown a progressive decrease in emissions over the years, with total emissions reported at approximately 341,748,000 kg CO2e in 2022 and 277,450,000 kg CO2e in 2021. This trend reflects Pandora's ongoing efforts to enhance sustainability within the textiles, apparel, footwear, and luxury goods sector.
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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.
