Pandora is Transitioning Out of Using Newly Mined Silver and Gold
Laura McQuarrie — June 3, 2020 — Eco
References: facebook & investor.pandoragroup
By 2025, Pandora will stop using newly mined silver and gold in its jewelry, creating only recycled metal jewelry that will "cut carbon emissions by two thirds for silver and by more than 99% for gold." Instead of using new materials, Pandora will be sourcing its gold and silver from recycled sources to contribute to a more circular economy.
As it stands, 71% of the silver and gold used in Pandora’s jewelry comes from recycled sources but this initiative is a step towards addressing the climate crisis and the depletion of natural resources.
In the years to come, the company has its sights set on becoming completely carbon neutral across all of its operations.
Image Credit: Pandora
As it stands, 71% of the silver and gold used in Pandora’s jewelry comes from recycled sources but this initiative is a step towards addressing the climate crisis and the depletion of natural resources.
In the years to come, the company has its sights set on becoming completely carbon neutral across all of its operations.
Image Credit: Pandora
Trend Themes
1. Recycled Metal Jewelry - Pandora's transition to using only recycled metal in its jewelry presents opportunities for other jewelry brands to adopt sustainable practices and appeal to environmentally conscious consumers.
2. Circular Economy - Pandora's shift towards sourcing gold and silver from recycled sources highlights the potential for other industries to adopt circular economy models and reduce resource depletion.
3. Carbon Neutrality - Pandora's goal of becoming completely carbon neutral across all operations creates opportunities for industries to innovate and implement sustainable practices to reduce carbon emissions.
Industry Implications
1. Jewelry - The jewelry industry can explore using recycled metals to create sustainable and eco-friendly jewelry collections, addressing the demand for environmentally conscious products.
2. Metal Recycling - The metal recycling industry can capitalize on the increased demand for recycled gold and silver materials from jewelry brands, contributing to a more sustainable supply chain.
3. Sustainability Consulting - The sustainability consulting industry can support jewelry brands and other industries in adopting circular economy models and achieving carbon neutrality goals through strategic guidance and implementation.
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