- Reaching 50% reduction in greenhouse gas emissions by 2030 will require innovation, collaboration, and strong leadership, especially considering business growth and expansion.
- Obtaining necessary data while complying with data collection restrictions on DEI parameters.
- Challenges in obtaining full overview of supplier-specific data dating back to baseline year for Scope 3 emissions.
- Limited availability of low-carbon solutions in transportation sector.
Pandora A/S
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Pandora A/S disclosed greenhouse gas emissions of 264.5K tCO2e/year. By scope: Scope 1: 1.2K tCO2e/year; Scope 2: 5.7K tCO2e/year; Scope 3: 257.6K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
264.5K tCO2e/year
2023
Renewable Energy
86%
of total energy
Water Usage
1.3M m3/year
2023
Waste
8.1K tons/year
2023
Energy Use
120.9K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.2K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 5.7K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 257.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 264.5K tCO2e/year |
| 2022 | 280.4K tCO2e/year |
| 2021 | 277.4K mtCO2e |
| 2020 | 242.4K tCO2e/year (Scope 3) |
| 2019 | 71.7K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total greenhouse gas emissions by 27% compared to 2019 baseline (Scopes 1, 2, and 3)
- Shifted sourcing to 100% recycled silver and gold for all jewellery by December 2023 (ahead of 2025 target)
- Achieved 86% renewable energy in own operations in 2023
- Reduced Scope 3 emissions by 21% versus 2022 and 15% compared to baseline
🎯 Climate & Sustainability Targets
🔜 Short-term
- Purchase 100% recycled silver and gold in crafting (achieved in 2023)
- Reach 33% women in leadership (achieved in 2023)
- Maintain 85% inclusion score in employee survey (target for 2025)
📅 Medium-term
- Reduce total greenhouse gas emissions by 50% from 2019 baseline by 2030
- Achieve full gender parity in leadership by 2030
- 30% of brand ambassadors from underrepresented groups by 2025
- 30% of branding content budget spent with suppliers owned by women or underrepresented groups by 2025
🔭 Long-term
- Achieve net-zero emissions by 2040
🌱 ESG Focus Areas
Low-carbon businessCircular innovationInclusive, diverse and fair culture