Pandora has received the coveted AAA rating in Morgan Stanley Capital International’s (MCSI) annual ESG (Environmental, Social and Governance) ratings.
This marks the fourth year in a row that Pandora has received the AAA rating. The company took the top spot in the textiles, apparel and luxury goods industry, beating almost 3,000 other companies worldwide.
Pandora impressed especially with its corporate governance and responsible sourcing of gold and silver.
Pandora claimed that it used 100% recycled gold grains last year.
Meanwhile, Pandora recycles 89% of waste at its crafting facilities.
Pandora’s Mads Twomey-Madsen, VP of corporate communications & sustainability, commented: “We are dedicated to making our jewellery as sustainable and circular as possible. And we see that customers expect craftmanship to go hand in hand with care for working conditions and the environment. We believe that setting high standards in this regard not only benefits Pandora but also the rest of the jewellery industry”.
See below the latest collection from Pandora inspired by Harry Potter.