Pandora A/S, commonly known as Pandora, is a leading player in the retail trade services sector, specifically focusing on jewellery design and manufacturing. Headquartered in Denmark (DK), the company has established a significant presence in major markets across Europe, North America, and Asia. Founded in 1982, Pandora has achieved remarkable milestones, including the introduction of its iconic charm bracelet, which revolutionised personalised jewellery.
The brand is renowned for its high-quality, handcrafted pieces that combine innovative design with affordability, setting it apart in a competitive industry. With a commitment to sustainability and ethical sourcing, Pandora has positioned itself as a responsible choice for consumers. Notably, the company has received accolades for its market leadership and continues to expand its global footprint, solidifying its status as a prominent name in the jewellery sector.
+41 vs industry average
Pandora’s score of 77 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Pandora's reported carbon emissions
Pandora's latest reported emissions for 2024 show a total of approximately 286.2 million kg CO2e. This includes Scope 1 emissions of about 910,000 kg CO2e, Scope 2 emissions (market-based) of approximately 341,000 kg CO2e, and Scope 3 emissions totalling around 284.9 million kg CO2e.
In 2023, Pandora reported total emissions of approximately 273.0 million kg CO2e. This consisted of Scope 1 emissions of about 1.2 million kg CO2e, Scope 2 emissions (market-based) of approximately 5.7 million kg CO2e, and Scope 3 emissions of around 266.1 million kg CO2e.
For the retail trade services industry, Pandora has set ambitious climate targets. The company aims to achieve net-zero emissions by 2040, focusing on significant reductions in its climate footprint and the removal or offsetting of any remaining emissions.
Additionally, Pandora is working towards becoming carbon neutral in its own operations by 2025. This involves a commitment to reduce Scope 1 and Scope 2 market-based emissions by at least 90% from a 2019 baseline. Carbon removal mechanisms and offsets will be used to balance any residual emissions.
Furthermore, Pandora has a broader target to reduce its total greenhouse gas emissions (Scopes 1, 2, and 3) by 50% by 2030, measured against a 2019 baseline. This reduction is intended to cover both its own operations and its value chain, including suppliers and business partners. This target has been verified by the Science Based Targets initiative (SBTi). As part of this commitment, Pandora aims to reduce its Scope 3 emissions by 42% by 2030 from the 2019 baseline.
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Pandora’s Climate Goals (2030 & 2050)
1 goal2030
50% reduction in all scopes
Reduce our Scopes 1, 2 and 3 greenhouse gas emissions by a total of 50% by 2030 from a 2019 baseline, across our own operations and value ch…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Pandora
Frequently asked questions
Common questions about Pandora’s sustainability data and climate commitments
Data year: 2024
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