PANDORA CSR Report 2013 - page 18-19

In2013, we have continued our efforts tominimize
the environmental impact of our activities.We didnot,
however, introduce ground-breaking new initiatives to
lower our consumption of energy and resources.
PANDORA experienced a sharp increase in demand and
produced asmany as 79million pieces of jewellery in
2013, comparedwith54million in 2012. At the same
time, the acceleratedpace at whichwe introducedour
collections, which comprisedmore complex jewellery
designs, made it challenging to significantly reduce our
energy and resource consumption at our crafting facilities,
PANDORA ProductionThailand (PPT).
Having achieved the ISO 14001 certification on
environmental management in 2012, in 2013PPT initiated
a project to achieve ISO 50001on energymanagement.
The project remains on-track for certification inQ2 2014.
As part of our commitment to continuouslyminimising the
company’s environmental footprint, our crafting facilities
engaged in a promising partnershipwithMahidol Univer­
sity inBangkok,Thailand in 2013.The project teamwill
conduct a lifecycle assessment of ourThai activities in
2014, and the partnership has already resulted in the recy-
cling of a range of materials used in the crafting processes.
PANDORA raised the output of jewellery pieces
produced by 40% from 2012 to 2013.This achievement
has been accompanied by an increase in electricity
consumptionof 37% from13,917,000 kWh in2012 to
19,170,000 kWh in 2013. As stated in previous CSR
reports, we consider the potential for lowering our
electricity consumption of our crafting processes as being
modest. First, we utilisemodern, energy-efficient equipment
in our crafting processes and second, 85% of our buildings
are air conditioned to ensure proper working conditions.
Nonetheless, as stipulated in our Environmental Policy, we
will work tominimize the environmental impact of our
activities, andwe expect that the process initiated to
achieve the ISO 50001 certificationon energymanagement
aswell as the partnershipwithMahidol Universitywill
identify newways of reducing our energy consumption.
Again as a result of our growth, andnot least the
complexity of our jewellery designs, our water
consumption at PPT increased by 41% from 206,393M3
in2012 to291,572M3 in 2013.Toour disappointment, the
percentage of water recycled fell considerably from 12.5%
in2012 to3% in 2013.The reasons for this change have
partly to dowithmore accuratemethods formeasuring
our consumption and partlywith technical challenges that
halted the recycling of water during parts of the year.We
will work to handle the technical challenges related to
water recycling and, with continued focus on our water
consumption, expect to improve our performance in 2014.
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