Global jewellery brand Pandora has made the latest pledges in its ongoing environmental programme, promising to produce net zero carbon emissions by the year 2040.
On the way to achieving this goal the company, headquartered in Denmark, hopes to halve its greenhouse gas emissions by 2030 – only nine years away.
This will not only be across its own operations but across its entire value chain of suppliers and business partners, the company revealed.
What Pandora called in a press release an ‘extensive decarbonisation plan’ is intended to align with the Paris Agreement and to limit global warming before it is too late.
This follows its earlier pledge to be carbon neutral by 2025.
“The climate crisis is the most urgent issue of our time, and companies must do what they can to find the necessary solutions,” said Alexander Lacik, CEO at Pandora. “Our commitment will prepare Pandora for the low-carbon economy of the future and hopefully contribute to positive change in the jewellery industry.
“We have a clear line of sight to how we will achieve most of our emission reductions, but we also realise that we do not yet have all the answers.
“We will call on our suppliers and business partners to help us make this reality.”