How Pandora track the entire supply chain to ensure metals are recycled

How does Pandora track the entire supply chain to ensure metals are recycled?

Pandora employs a comprehensive tracking system to ensure that the metals used in its jewelry are recycled and responsibly sourced. Here are the key methods and processes involved:

Certification Requirements

Responsible Jewellery Council (RJC) Chain of Custody: All suppliers are mandated to ensure that their materials are certified as recycled according to the RJC Chain of Custody Standard. This certification is one of the strictest in the industry and requires suppliers to implement rigorous processes for tracking and verifying the origin of recycled metals.

Supply Chain Adjustments

Segregation Processes: Suppliers have introduced new processes and equipment to ensure complete segregation of mined and recycled metals throughout the supply chain. This includes meticulous sorting, melting, and manufacturing procedures that prevent contamination of recycled materials with newly mined metals.

Global Sourcing: Given that less than 20% of the world's silver supply comes from recycled sources, Pandora has had to actively seek out and establish relationships with various refineries worldwide. These refineries are responsible for processing recycled materials from discarded electronics, old jewelry, and other industrial waste.

Employee Involvement

Dedicated Transition Teams: More than 100 employees at Pandora have been involved in the transition to sourcing only recycled metals. These teams work closely with suppliers to ensure compliance with sustainability standards and facilitate the necessary changes in operations.

Monitoring and Reporting

Regular Audits: Pandora conducts regular audits of its supply chain to verify compliance with its recycling standards and certifications. This ensures ongoing accountability and transparency throughout the sourcing process.

Future Goals

100% Recycled Materials by 2024: Pandora has set a target to craft all new jewelry exclusively from recycled silver and gold by the second half of 2024. This commitment reflects the company's dedication to sustainability and responsible sourcing practices.

By implementing these strategies, Pandora effectively tracks its supply chain, ensuring that all metals used in its jewelry are genuinely recycled and sourced ethically. This approach not only enhances transparency but also significantly reduces the environmental impact associated with traditional mining practices.