Pandorala Sustainability Commitments
2040
Reach net zero
Pandora says it aims to reach net zero emissions across all operations and its full value chain by 2040. Net zero means cutting emissions as much as possible and balancing any remaining emissions with removals or offsets. The company says this covers Scopes 1, 2 and 3, so it includes direct emissions, energy use, and supply chain emissions. This is one of its main climate goals.
2030
Cut total emissions by 50%
Pandora says it plans to reduce total greenhouse gas emissions by 50% by 2030 compared with a 2019 baseline. It says this target covers Scopes 1, 2 and 3 on a market-based basis, which means it counts emissions using the electricity and energy contracts the company buys. This is a broad climate target that goes beyond its own sites and includes the wider value chain.
2030
Reach gender parity
Pandora says it wants full gender parity in its Senior Leadership Team by 2030. It defines this as a 50/50 split of women and men in senior leadership roles from vice president level and above, including the board, with a small allowed variation. This is a social commitment focused on leadership balance and inclusion.
2028
Bond-linked emissions target
A sustainability-linked bond described in the scraped content ties Pandora’s financing to a goal of cutting Scope 1, 2 and 3 emissions by 36% by 2028 compared with 2019. If the target is missed, the company must pay an extra fee to bondholders. This links part of its borrowing costs to climate performance.
2028
Bond-linked leadership target
The same sustainability-linked bond also ties financing to a target of having 44% women in leadership by 2028. The scraped content says this is part of the company’s wider gender diversity plan. Linking finance to this target means the company has a financial reason to keep making progress on leadership diversity.
