At the 2025 World Economic Forum in Davos, Switzerland, jewellery brand Pandora was recognized in the Corporate Knights Global 100 Most Sustainable Companies list. The ranking evaluates 8,359 companies with annual revenues over USD 1 billion based on their sustainable business practices and commitment to societal well-being.
Pandora secured the 48th position overall, ranking second in the “Textiles, Apparel and Luxury Goods” category. Corporate Knights highlighted the company’s commitment to sustainability, particularly in product development. Pandora produces all its jewellery using 100 per cent recycled silver and gold, and has launched Pandora Lab-Grown Diamonds, which have a carbon footprint 95 per cent smaller than mined diamonds.
Mads Twomey-Madsen, senior vice president of Global Communications and says, “We are proud to have established one of the most ambitious sustainability agendas in the jewellery industry. 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 recognized as one of the most sustainable companies for the first time by Corporate Knights is a strong recognition of our progress.”
Pandora’s environmental performance was also noted by Corporate Knights. In recent years, the company has successfully reduced its CO2 emissions, maintained strong growth, and powered its crafting facilities with 100 per cent renewable energy. The company also recycles 99.8 per cent of its waste.
Key areas in which Pandora stood out for the ranking include:
- Sustainable revenue: The company’s growth is driven by sustainable products, including recycled materials and lab-grown diamonds.
- Environmental performance: Notable use of renewable energy and a high recycling rate.
- Gender diversity: Four women serve on the seven-member board.
- Employee safety: Pandora has a low lost-time injury rate of 0.3 per 200,000 hours worked.
