PUMA Named Among “World’s Most Sustainable Companies” by TIME
July 10 2024 - 4:00AM
Business Wire
Sports Company PUMA has been named in the “World’s Most
Sustainable Companies” ranking by US news magazine TIME and
Statista, which takes into account a company’s most important
environmental data as well as its transparency and the assessment
by external organizations.
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Sports Company PUMA has been named in the
“World’s Most Sustainable Companies” ranking by US news magazine
TIME and Statista. (Photo: Business Wire)
PUMA was the best-ranked company in the Apparel, Footwear &
Sporting Goods sector, scoring 73.02 out of 100 possible
points.
“Being ranked among the most sustainable companies by such a
prestigious publication is a great recognition of our FOREVER.
BETTER. sustainability strategy, for which we achieved important
milestones last year,” said Anne-Laure Descours, Chief Sourcing
Officer at PUMA. “We will take this as an incentive to work even
harder and continue to reduce our environmental footprint.”
PUMA has set itself 10 targets across different areas including
climate, circularity and human rights. The company already reached
two of these targets ahead of its 2025 schedule, including its
Plastics and the Oceans target by eliminating plastic carrier bags
from its owned and operated stores and through researching
biodegradable plastic options. It also met its Human Rights target
by training more than 220,000 factory workers on women’s
empowerment and completely mapping human rights risks at its
subcontractors and Tier 2 suppliers.
Earlier this year, PUMA announced that it had reached its
science-based CO2 reduction target seven years ahead of schedule
and set a new, more ambitious climate target in line with what
scientists say is necessary for global temperature increases to
remain below 1.5 degrees Celsius.
PUMA has focused on introducing renewable electricity at its
core suppliers, using product-materials that are less carbon
intensive, opting for low-carbon shipping tariffs and investing in
electric vehicles in its car fleet. For its owned and operated
buildings, PUMA buys renewable energy tariffs and renewable energy
attribute certificates. This month, the company opened a large PV
installation at its global headquarters in Herzogenaurach, Germany,
which will cover a fifth of the building’s electricity needs.
The choice of materials used in PUMA’s products is also an
integral part of its sustainability strategy. In 2023, the company
produced eight out of ten PUMA products with a significant part of
recycled and certified materials such as recycled polyester.
For more information about PUMA’s sustainability strategy visit
foreverbetter.com.
PUMA
PUMA is one of the world’s leading sports brands, designing,
developing, selling and marketing footwear, apparel and
accessories. For more than 75 years, PUMA has relentlessly pushed
sport and culture forward by creating fast products for the world’s
fastest athletes. PUMA offers performance and sport-inspired
lifestyle products in categories such as Football, Running and
Training, Basketball, Golf, and Motorsports. It collaborates with
renowned designers and brands to bring sport influences into street
culture and fashion. The PUMA Group owns the brands PUMA, Cobra
Golf and stichd. The company distributes its products in more than
120 countries, employs about 20,000 people worldwide, and is
headquartered in Herzogenaurach/Germany.
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Robert-Jan Bartunek, PUMA Corporate Communications,
robert.bartunek@puma.com
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