Danish jewellery company Pandora is committing to cut its greenhouse gas (GHG) emissions by 50% across its own operations and entire value chain of suppliers and business partners by 2030.
In addition, Pandora adds that it will also commit to achieving net-zero emissions by 2040 by further reducing its climate footprint and removing or offsetting any remaining emissions.
Pandora said that its new climate target was the “most ambitious” in the jewellery industry to date. It is based on an extensive decarbonisation plan across its business and aligns with the Paris Agreement and what climate science says is necessary to limit global warming to 1.5⁰ C.
In 2020, Pandora switched to 100% renewable energy at its crafting facilities, and the company is also planning to purchase green power for its more than 1,300 stores and distribution centres.
This will make Pandora carbon neutral by 2025.