Pandora's Sustainable Shift: Embracing Recycled Precious Metals Pandora, the world’s largest jeweler by product volume, has made a significant shift in its production practices by moving away from mined precious metals. Instead, the company is exclusively using recycled gold and silver. This transition by the Danish company, famed for its charm bracelets priced between $65 and $95, is a sustainability-driven decision. Annually, Pandora consumes about 340 tonnes of silver and one tonne of gold. In 2022, the company’s supply chain was responsible for 264,224 tonnes of CO2 emissions, as per its annual report. The switch to recycled metals is expected to reduce Pandora’s indirect CO2 emissions by approximately 58,000 tonnes each year, according to Mads Twomey-Madsen, the senior vice president of communications and sustainability at Pandora. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts A Closer Look at HSBC’s New Gold Token READ MORE Fed’s Favorite Inflation Gauge Up 2.9% from a Year Ago READ MORE Cash-Strapped Pakistan to Introduce New Series of Currency Notes READ MORE Mortgage Rates Continue to Climb in February READ MORE US debt could balloon past the point of no return in 20 years. Here’s what it could mean and 3 assets investors can use to hedge, according to a Wharton professor. READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment