Carbon neutral by 2025
Pandora commits to three targets to reduce carbon emissions:
- Carbon neutral in own operations by 2025
- 100% renewable energy at its crafting facilities by 2020
- Committed to set a science-based target to reduce emissions across full value chain
By joining the Science Based Targets initiative, the leading corporate collaboration for ambitious action on climate change, Pandora has committed to publish a plan before the end of 2021, on how to reduce emissions across its value chain. The plan will be in line with the Paris Agreement and with what best available science says is necessary to stave off the worst environmental and social consequences of climate change.
“Addressing climate change is one of the greatest challenges facing the world today, and as a large global company we have an obligation to contribute to the necessary solutions. Responsible business practices such as recycling of materials and waste have always been part of Pandora’s way of operating, and we now commit to ambitious targets to reduce our carbon emissions and help drive sustainability in the jewellery industry”
Alexander Lacik, CEO
Pandora recognises the need for urgent action and is also setting two additional targets. By 2020, the company will source 100% renewable electricity at its two crafting facilities in Thailand, and by 2025 Pandora will be carbon neutral in its own operations. This includes emissions from Pandora’s crafting facilities, owned and operated stores, distribution sites, and offices.
Read more here.
Photography: Jenna Schoenefeld