Materiality assessment

We conducted a materiality assessment based on the principle of double materiality to assess how Pandora’s activities impact the environment and people and conversely how sustainability-related factors and external events may impact Pandora’s business.

We consulted external experts, Pandora’s leadership and specialists from key functions across Pandora to validate the impact ranking and discuss the implications of the assessment.

By performing this exercise, we are moving towards a more structured, documentable and insights-driven approach to ensure that our work on sustainability adds as much value as possible to our business and reduces our impact on people and the environment.

The revised materiality approach aligns with the adopted EU Corporate Sustainability Reporting Directive and European Sustainability Reporting Standards requirements.

Read more in our latest Sustainability Report.

Pandora's material issues

The results of our 2022 double materiality assessment will be used to make relevant updates to our list of material issues, found below. This calibration will take place in 2023.

  • Business ethics and compliance
  • Circular approach to business
  • Climate change
  • Conflict minerals
  • Data security and privacy
  • Employee health, safety and labour rights
  • Inclusion and diversity
  • Packaging
  • Product quality and safety
  • Responsible marketing
  • Responsible sourcing
  • Sustainable materials