 
          PANDORA ETHICS REPORT 2015
        
        
          24
        
        
          
            LOGISTICS
          
        
        
          PANDORA jewellery is sold inmore than 100 countries
        
        
          around theworld; hence PANDORA requires transport
        
        
          services from a variety of different providers using different
        
        
          types of transport – rail, sea, road and air –with various
        
        
          levels of environmental impact. CO
        
        
          2
        
        
          emissions from the
        
        
          transport of our jewellerywas identified as a focus area
        
        
          in 2014, andwe have been in close dialoguewith our
        
        
          transport providers on how to gather reliable data andhow
        
        
          tominimise emissions in the future.Transport data from
        
        
          2014 coveredmore than 90% of our transport activities
        
        
          and estimated our transport emissionof 4,300 tonnes of
        
        
          CO
        
        
          2
        
        
          . In 2015, the estimated transport emission for the same
        
        
          percentagewas 5,400 tonnes of CO
        
        
          2
        
        
          . Dialoguewith our
        
        
          transport providers, all global leaderswithin their industry,
        
        
          has clearly shown that they all work extensively to lower
        
        
          emissions. In 2016, wewill continue the dialogue, but still
        
        
          concentrate our focus on our strongest sphere of influence:
        
        
          supply chain and our own crafting facilities.
        
        
          
            STORES
          
        
        
          PANDORA jewellery is presently sold at more than9,300
        
        
          points of sales around theworld. 1,800 of these are concept
        
        
          stores, of whichmore than500 are owned andoperated by
        
        
          PANDORA.
        
        
          Our new store concept “Evolution”was introduced
        
        
          in the first stores in 2014 and includes a range of
        
        
          environmentally friendly features.The concept is designed
        
        
          tohave long durability, and it is possible to replace smaller
        
        
          parts over time – extending the lifetime of our fixtures and
        
        
          furniture.With the introduction of “Evolution”, energy
        
        
          consumption has been considerably reduced by relying on
        
        
          LED lights rather than conventional light bulbs. According
        
        
          toour in-house estimates, this change enables us to cut the
        
        
          electricity consumption in an average PANDORA store by
        
        
          up to50% comparedwith the former store concept.More
        
        
          efficient lights in turn creates less heat – reducing the need
        
        
          for air conditioning. From 2016, the electrical consumption
        
        
          will be further loweredwith the introductionof evenmore
        
        
          efficient LED solutions.
        
        
          Finally, all paper bags and almost all printedmaterials
        
        
          are certified from trees grown in sustainable forests. Going
        
        
          forward, wewill continue to expandour range of certified
        
        
          paper-based andwood-basedmaterials according to
        
        
          international sustainability standards.