Pandora A/S

Common Name
Pandora
Country
Denmark
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
37,000
Ticker
PNDORA
Exchange
NASDAQ COPENHAGEN A/S
Description
Pandora A/S is a renowned player in the luxury jewellery market, specializing in the design, manufacture, and sale of finished jewellery products. Headquartered in Copenhagen, Denmark, Pandora operate...

Pandora's GHG Emissions Data Preview

In 2024, Pandora completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Pandora has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Pandora's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Pandora amounted to 43,976 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Pandora decreased by 8.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Pandora's Scope 1 Emissions Over Time

20192020202120222023202403507001.05 k1.4 ktCO2e-9%-7%-4%+12%-27%
  • Total Scope 1
  • Year-over-Year Change

What are Pandora's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Pandora were 910 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Pandora reduced its Scope 1 emissions over time?

Since 2019, Pandora's Scope 1 emissions have decreased by 34.01%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Pandora's Scope 1 emissions decreased by 26.91%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Pandora's Scope 2 emissions?

In 2024, Pandora reported Scope 2 greenhouse gas (GHG) emissions of 341 tCOâ‚‚e using the market-based method, and 43,066 tCOâ‚‚e using the location-based method.

Has Pandora reduced its Scope 2 emissions over time?

Since 2019, Pandora's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 10.8%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Pandora's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Pandora 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Pandora use for Scope 2 reporting?

In 2024, Pandora reported its Scope 2 emissions using the market-based method and using the location-based method.

Pandora's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Pandora's Value Chain Emissions

In 2024, Pandora reported 284,947 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Pandora includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Pandora's Scope 3 Emissions Over Time

201920202021202220232024085 k170 k255 k340 ktCO2e-17%+5%+28%-18%+7%
  • Total Scope 3
  • Year-over-Year Change

What are Pandora's Scope 3 emissions?

In 2024, Pandora reported total Scope 3 emissions of 284,947 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 95% of these emissions originated from upstream activities such as purchased goods and capital goods, while 5% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Pandora reduced its Scope 3 emissions over time?

Since 2019, Pandora's Scope 3 emissions have remained relatively stable, indicating that Pandora 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2023), Pandora's Scope 3 emissions remained relatively stable, indicating that Pandora 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Pandora disclose?

In 2024, Pandora reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Pandora's Scope 3 emissions?

In 2024, the largest contributors to Pandora's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 172,707 tCOâ‚‚e (60.61%)
  • Upstream Transportation and Distribution (Cat. 4): 38,659 tCOâ‚‚e (13.57%)
  • Employee Commuting (Cat. 7): 18,367 tCOâ‚‚e (6.45%)

Pandora's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(60.6%)Employee Commuting(Cat. 7)(6.4%)UpstreamTransportation andDistribution(Cat. 4)(13.6%)

Insights into Pandora's Total Carbon Footprint

In 2024, Pandora reported a total carbon footprint of 328,923 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.78% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Pandora's total carbon footprint was Scope 3 emissions, accounting for 86.63% of the company's total carbon footprint, followed by Scope 2 emissions at 13.09%.

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