PANDORA | Building for a Greener Future

2016 was exciting for PANDORA. It was another record-breaking year, with 122 million pieces of jewellery crafted and revenue exceeding DKK 20 billion. We opened our 17th eSTORE, our 2000th concept store and welcomed more than 4,800 new colleagues to the PANDORA pride. It was also a year of building for the future, underlining our commitment to nurturing and safeguarding our environment, both within our company and in the world around us.The improvements we made in 2016 have left us well placed to push on towards our goal of becoming the world’s most loved jewellery brand.

Internally, we reorganised ourselves in order to sharpen our focus on collaborations across our integrated value chain. As part of this process, we established three strong regions: The Americas, EMEA and Asia-Pacific. Finally, we inaugurated two LEED-certified (Leadership in Energy and Environmental Design) entities: new Global Office by the harbour in Copenhagen and a new green crafting facility near Chiang Mai in Northern Thailand. We also commenced the construction of another LEED-certified building at our crafting facilities in Bangkok. These improvements were carried out to gear the company for the opportunities that lie ahead of us, while staying loyal to our pledge to run a healthy business that focuses on respect for our people, the integrity of our products and minimising our impact on the planet.

This is our seventh annual Ethics Report showcasing the aspirations, efforts and results we have achieved as part of PANDORA’s ongoing journey towards becoming a more resilient and sustainable company. We are proud of the progress we made in 2016, and we are equally proud of the shared value we have been part of creating through partner- ships, such as the United Nations Global Compact and the Responsible Jewellery Council. Here, we assume a leading role among peers, industry experts and civil society organisations in defining the ethical standards for the entire jewellery industry. Last but not least, we are also proud of the increased transparency and assurances that we can offer our consumers, who trust us to ensure that their jewellery is produced according to the highest ethical standards.

Our many achievements in 2016 would not have been possible without the dedicated people that make up our company. It has been extremely inspiring to see how our colleagues have reacted and embraced the changes by living out our core values of pride, passion and performance. 

Continue reading the complete PANDORA Ethics Report 2016 here