Pandora

Pandora, headquartered in Denmark and operating in the retail trade services sector, reported total carbon emissions of about 286.2 million kg CO2e in 2024. This includes Scope 1 emissions of approximately 910,000 kg CO2e, Scope 2 emissions (market-based) of about 341,000 kg CO2e, and Scope 3 emissions of roughly 284.9 million kg CO2e. The majority of Scope 3 emissions came from purchased goods and services (approximately 172.7 million kg CO2e) and upstream transportation and distribution (around 38.7 million kg CO2e).

In 2023, Pandora's total emissions were approximately 273.0 million kg CO2e, with Scope 1 emissions at about 1.2 million kg CO2e, Scope 2 emissions (market-based) at roughly 5.7 million kg CO2e, and Scope 3 emissions at approximately 266.1 million kg CO2e. For 2022, total emissions stood at around 341.7 million kg CO2e, comprising Scope 1 emissions of about 1.1 million kg CO2e and Scope 2 emissions (market-based) of roughly 14.7 million kg CO2e, with Scope 3 emissions at approximately 325.9 million kg CO2e.

Pandora has committed to several climate reduction targets, verified by the Science Based Targets initiative (SBTi). The company aims for net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include a 50% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2030 from a 2019 baseline. Furthermore, Pandora plans to achieve carbon neutrality in its own operations by 2025, reducing Scope 1 and 2 (market-based) emissions by at least 90% from a 2019 baseline. Long-term targets involve maintaining at least 90% absolute Scope 1 and 2 GHG emissions reductions from 2030 through 2050 from a 2019 baseline, and reducing absolute Scope 3 GHG emissions by 90% by 2040 from a 2019 baseline, maintaining this reduction through 2050.