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PANDORA ETHICS REPORT 2016

24

25

199

PANDORA supports the

development of new responsible

silver certification schemes

PAIRS OF HANDS

ISO 9001

QUALITY MANAGEMENT

STONES SET INTO OUR

JEWELLERY

SILVER AND GOLD GRAIN

SUPPLIERS

PARTICIPANTS FROM KEY

SUPPLIERS

2.7

100%

BI LL ION

RJC CERTI F I ED

on average contribute to creating

one piece of jewellery

certification

30

RESPONS IBLE

S I LVER

SUPPLIERS’ CODE OF CONDUCT

All suppliers must sign our Suppliers’ Code of Conduct

SCREENING AND CATEGORISING

Risk assessment

SUPPLIER TRAINING

Annual training in selected issues

PANDORA AUDITS

BKK, HKG & CPH Ethics teams

THIRD-PARTY AUDITS

Suppliers are audited on a two-year cycle

PREFERRED SUPPLIERS

Long-term, high-achieving suppliers may be granted status

as preferred suppliers. These enjoy preferential terms,

focusing on integration and trust over audit and control.

CORRECTIVE

ACTIONS

AS REQUIRED

Suppliers must

remedy identified

issues

RESPONS IBLE SUPPL I ER

PROGRAMME

CRAFTING OUR

PRODUCTS

WITH INTEGRITY

DES IGN

Any PANDORA product starts its journey with our in-house

Design team. As a new piece evolves, our designers will

make choices on which materials to use. Whenever new

materials or suppliers are introduced, our Ethics teams are

consulted in order to discuss potential environmental or

social impacts. Such early interaction helps to ensure that

PANDORA refrains from using potentially problematic

materials – and it provides Group Ethics and other departments

with valuable knowledge, enabling them to act in due time.

Our designers constantly interact with our Thai crafting

facilities to ensure that our designs and crafting techniques

are a match. At our cutting-edge Innovation Centre in

Bangkok, Thailand, we develop innovative processing

techniques and continuously improve our ability to introduce

new products. The Innovation Centre offers our Thai

colleagues the opportunity to work and invent on the

frontline of technical developments within the jewellery

industry, and each colleague acquires top-notch skills

within advanced jewellery manufacturing. It is our firm

belief that the development projects at PANDORA’s

Innovation Centre make an important contribution to

maintaining Thailand’s position as a global hub in the

jewellery industry.

RESPONS IBLE SUPPL I ER PROGRAMME

All of our suppliers (subcontractors, original equipment

manufacturers, original design manufacturers and material

suppliers) for our Thai crafting facilities, as well as the

suppliers providing all store materials, are enrolled in our

Responsible Supplier Programme. Suppliers are required to

sign and comply with our Suppliers’ Code of Conduct,

which is downloadable from

www.pandoragroup.com/csr.

To support our suppliers in complying with our code of

conduct, we have developed a comprehensive supplier

programme. Our Ethics teams, based in Bangkok, Hong

Kong and Copenhagen, work extensively with our suppliers

all over the world to enable them to fully understand our

requirements, and to inspire them to implement sustainable

solutions. To this end, we offer our suppliers ongoing

dialogue and training in issues such as safety, health and

environmental management, national/international worker

rights and human rights, and we take pride in showcasing

our own best-practice solutions.

Received Ethics training

at our crafting facilities

of our total sourcing value

audited by external experts

>85%

The vast majority being man-made,

often exhibiting the same basic

crystal structure as natural stones

PANDORA PRODUCT

IN BRIEF