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Pandora A/S
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified Sources Behind Pandora’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Pandora’s data sources below and access millions more through our Disclosure Search.
Insights into Pandora's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofPandora amounted to43,976metric 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).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Pandoradecreased by 8.12%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Pandora's Scope 1 Emissions Over Time
- 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).a
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.a
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.a
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.a
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.a
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.a
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.a
Pandora's Scope 2 Emissions Over Time
- 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.a
The 2024 disclosure of Pandora includes a breakdown across 9of 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.a
Pandora's Scope 3 Emissions Over Time
- 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).a
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.a
Has Pandora reduced its Scope 3 emissions over time?
Since 2019, Pandora's Scope 3 emissionshave remained relatively stable, indicating that Pandora's emissions have plateaued with no significant change in its value chain footprint.a
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.a
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.a
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:a
- 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
Insights into Pandora’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Pandora reported Scope 1 greenhouse gas (GHG) emissions of 910 tCOâ‚‚e and total revenues of USD 4,415 millions. This translates into an emissions intensity of 0.21 tCOâ‚‚e per millions USD.a
Pandora's Scope 1 Emissions Intensity Compared to Peers
How does Pandora's GHG emissions intensity compare to its peers?
In 2024, Pandora reported a Scope 1 emissions intensity of 0.21 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.98, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Pandora rank on GHG emissions intensity within its industry?
In 2024, Pandora ranked 5 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Pandora among the top performers, with one of the lowest emissions intensities relative to peers.a
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.a
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%.a