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 96 is higher than 97% 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, 341,000 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 (Scopes 1 and 2) by 2025, targeting a reduction of at least 90% from a 2019 baseline. Additionally, Pandora is committed to reducing its total greenhouse gas emissions (Scopes 1, 2, and 3) by 50% by 2030, with a long-term goal of reaching net-zero emissions across its value chain by 2050. In 2023, Pandora's total emissions were approximately 272,967,000 kg CO2e, indicating a slight increase from the previous year. The company has consistently reported emissions across all scopes, demonstrating transparency in its environmental impact. The reduction targets are aligned with the Science Based Targets initiative (SBTi), which confirms that the targets are consistent with the reductions required to limit global warming to 1.5°C. Pandora's commitment to sustainability is further evidenced by its long-term goal to maintain at least 90% reductions in Scope 1 and 2 emissions from 2030 through 2050, and a 90% reduction in Scope 3 emissions by 2040. These initiatives reflect Pandora's dedication to addressing climate change and reducing its carbon footprint while operating from its headquarters in Denmark (DK).
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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.
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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.
Frequently Asked Questions
Common questions about Pandora's sustainability data and climate commitments