Pandora A/S – Lobbying Governance & Transparency

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Lobbying Governance

Overall Assessment	Analysis	Score
Moderate	Pandora A/S provides defined processes to align its policy engagement with its climate strategy, noting that "our engagement activities are focused on expanding the grid capacity of renewable energy where our crafting facilities are located" and that "the engagement is thereby aligned with our Science Based target to reduce our Scope 1, Scope 2, and Scope 3 emissions with 50% by 2030." It states that "we currently only engage with local stakeholders, including regulators, to explore solutions for developers to add renewable energy capacity to the Thai grid," illustrating a direct alignment between its advocacy and its emissions goals. The company further explains that "we engage with key stakeholder groups, including employees, consumers, franchisees, governments, multilateral institutions, NGOs, industry organisations, investors, suppliers and their workers and local communities" "as part of our daily operations and in formalised settings, for example meetings to assess performance against targets or partnerships to expand our sustainability programme, including our climate programme and strategy," which suggests some procedural oversight of its external engagement. It also confirms a public commitment to conduct these engagement activities "in line with the goals of the Paris Agreement." However, the company does not disclose any specific individual or formal body that oversees these processes, and we found no evidence of governance measures for indirect lobbying through industry associations or detailed monitoring criteria and frequency, leaving accountability and broader lobbying alignment unclear. View Sources	C

Overall Assessment

Analysis

Score

Moderate

Pandora A/S provides defined processes to align its policy engagement with its climate strategy, noting that "our engagement activities are focused on expanding the grid capacity of renewable energy where our crafting facilities are located" and that "the engagement is thereby aligned with our Science Based target to reduce our Scope 1, Scope 2, and Scope 3 emissions with 50% by 2030." It states that "we currently only engage with local stakeholders, including regulators, to explore solutions for developers to add renewable energy capacity to the Thai grid," illustrating a direct alignment between its advocacy and its emissions goals. The company further explains that "we engage with key stakeholder groups, including employees, consumers, franchisees, governments, multilateral institutions, NGOs, industry organisations, investors, suppliers and their workers and local communities" "as part of our daily operations and in formalised settings, for example meetings to assess performance against targets or partnerships to expand our sustainability programme, including our climate programme and strategy," which suggests some procedural oversight of its external engagement. It also confirms a public commitment to conduct these engagement activities "in line with the goals of the Paris Agreement." However, the company does not disclose any specific individual or formal body that oversees these processes, and we found no evidence of governance measures for indirect lobbying through industry associations or detailed monitoring criteria and frequency, leaving accountability and broader lobbying alignment unclear.

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Lobbying Transparency

Overall Assessment	Analysis	Score
Limited	Pandora A/S provides a basic picture of its climate-policy engagement. It identifies the policy area it is trying to influence – the creation of policies, legislation and financial mechanisms to allow virtual power-purchase agreements and improve electricity-grid access for renewable energy in Thailand – but it does not name any particular bill, regulation or rule, so the disclosure remains general rather than specific. The company explains that it works “with public and private partners on a pilot project” and engages “local stakeholders, including regulators,” which shows one concrete mechanism and a broad target group; however, it does not reveal whether this activity involves formal consultations, written submissions, meetings with a named ministry, or work through industry associations. Pandora is clearer on the results it wants: it seeks to establish virtual PPAs and to “expand the grid capacity of renewable energy” so that more renewable power can be sourced and its own net-zero ambitions advanced. Overall, the company offers a limited but discernible level of transparency on its climate-related lobbying.	D