Low-carbon business

Since 2019, Pandora's revenue has grown 49% while total emissions across the value chain have decreased by 17%. We assess our climate-related risks and report our carbon footprint on an annual basis to achieve our targets and ensure our business is contributing to a low-carbon future.

PANDORA'S COMMITMENT

Pandora will reduce our greenhouse gas (GHG) emissions 50% by 2030 from a 2019 baseline (Scope 1, 2 and 3). To achieve this Pandora will:

Reduce emissions from own operations by at least 90% by 2025, from a 2019 baseline (Scope 1 and 2 marked-based) and purchase 100% renewable electricity.

In 2025, we continued sourcing 100% renewable electricity across our own operations, including own stores, offices and distribution centres in all markets. In 2025, we maintained performance against this target, by 98% emissions reduction compared to 2019 baseline.
Reduce value chain emissions (Scope 3) through proactive work with suppliers and other stakeholders.
Pandora will achieve net-zero emissions by 2040 across our value chain.

Both targets have been approved by the Science Based Targets initiative and align with the Paris Agreement and climate science regarding limiting global temperature increases to no more than 1.5⁰ C above pre-industrial levels.

Since our baseline year 2019, we have reduced greenhouse gas emissions across our value chain by 17% while growing revenue by 49%, maintaining focus on halving emissions by 2030 and demonstrating a clear decoupling of business growth from emissions.

Reducing emissions across the value chain

Learn more about how our approach to become a low-carbon business.