Pandora ranked among 100 most sustainable companies in the world at Davos
Corporate Knights announces Pandora on their 2025 Global 100 Most Sustainable Companies list at World Economic Forum in Davos.
At the World Economic Forum in Davos, Switzerland, Pandora, the world’s largest jewellery brand, has been named as one of the world’s 100 most sustainable companies in the esteemed annual ranking by Corporate Knights. The ranking is based on an extensive analysis of 8,359 companies, each with more than USD 1 billion in revenue, on a range of metrics covering sustainable business practices and respect for people and societies.
Pandora ranks 48 overall and second in the “Textiles, Apparel and Luxury Goods” industry.
Corporate Knights particularly highlights Pandora’s efforts to develop more sustainable products. The company crafts all its jewellery using 100% recycled silver and gold, and it has introduced Pandora Lab-Grown Diamonds, which have a carbon footprint that is 95% lower than mined diamonds.
“We are proud to have established one of the most ambitious sustainability agendas in the jewellery industry,” says Mads Twomey-Madsen, SVP Global Communications and Sustainability, speaking from Davos. “To us, high-quality jewellery, strong business performance and high ethical standards are closely linked, and we craft our jewellery with respect for resources, the environment and people. Being recognised as one of the most sustainable companies for the first time by Corporate Knights is a strong recognition of our progress.”
Corporate Knights also noted Pandora’s strong environmental performance. Within the last five years, Pandora has significantly reduced its CO2 emissions while delivering strong organic growth, and the company’s crafting facilities are powered by 100% renewable energy and recycles 99.8% of the waste.
PANDORA STANDS OUT IN THESE KEY AREAS OF CORPORATE KNIGHTS'S RANKING
- Sustainable Revenue: ability to drive growth through more sustainable products such as recycled silver and gold and lab-grown diamonds.
- Environmental Performance: Use of renewable energy and waste recycling.
- Gender Diversity: 4 women out of a total of 7 board members.
- Employee Safety: Lost-time injury rate of 0.3 per 200,000 hours
Link to Corporate Knights methodology: Link
Learn more about Pandora’s sustainability work and targets here: Link
WHAT IS THE GLOBAL 100 MOST SUSTAINABLE COMPANIES LIST?
Since 2005, the Global 100 has been one of the world’s most valued and transparent rules-based sustainability ratings that emphasizes the impact of a company’s core products and services. It is the best-performing global sustainability index (ticker: CKG100), with more than 10 years of history. All publicly traded companies with more than US$1 billion in revenue are assessed across 25 key performance indicators that cover resource management, employee management, financial management, sustainable revenue and sustainable investment, and supplier performance. Companies engaging in “red flag” activities such as blocking climate policy and contributing to deforestation are disqualified. Our methodology illuminates the “say–do” gap. Only those companies making sustainable solutions a core part of their business offerings and allocating meaningful investments to reduce their carbon footprints make the grade.
ABOUT CORPORATE KNIGHTS
Corporate Knights Inc. is an independent media and research company. Its media division publishes the award-winning sustainable-economy magazine Corporate Knights, circulated in The Globe and Mail, The Washington Post and The Wall Street Journal. Its research division produces sustainability rankings, research reports and financial product ratings based on corporate sustainability performance. Learn more at corporateknights.com.
ABOUT PANDORA
Pandora is the world’s largest jewellery brand. The company designs, manufactures and markets hand-finished jewellery made from high-quality materials at accessible price points Pandora jewellery is sold in more than 100 countries through 6,700 points of sale, including more than 2,600 concept stores.
Headquartered in Copenhagen, Denmark, Pandora employs 33,000 people worldwide and crafts its jewellery at three crafting facilities in Thailand using only recycled silver and gold. Pandora is committed to leadership in sustainability and has has set out to halve greenhouse gas emissions across its value chain by 2030. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 28.1 billion (EUR 3.8 billion) in 2023.
CONTACT
For more information, please contact:
| Johan Melchior VP, Media Relations & Public Affairs +45 4060 1415 [email protected] | Lejla Charif Manager, Media Relations & Public Affairs +45 3165 6403 [email protected] |