PUMA Receives Highest Score for Climate Change Policies and Transparency from CDP
07 Febbraio 2024 - 10:39AM
Business Wire
Sports company PUMA has been recognized for leadership in
corporate transparency and performance on climate change by global
environmental non-profit CDP, securing a place on the annual ‘A
List’.
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Sports company PUMA has been recognized
for leadership in corporate transparency and performance on climate
change by global environmental non-profit CDP, securing a place on
the annual ‘A List’. (Photo: Business Wire)
Based on data reported through CDP’s 2023 Climate Change
questionnaire, PUMA is one of a small number of companies that
achieved an ‘A’ - out of 23,000 companies which responded. PUMA
made the ‘A List’ for the second year in a row.
“Reducing our CO2 emissions is a priority for PUMA, both in the
supply chain and in our own offices, stores and warehouses,” said
Anne Laure Descours Chief Sourcing Officer at PUMA. “Being placed
on the CDP ‘A List’ is a great recognition of our efforts, but we
will not be complacent and continue to sharpen our decarbonization
goals.”
PUMA aims to reduce CO2 emissions along its entire value chain.
This includes the sourcing of raw materials, the production of
fabrics and finished goods, logistics, the energy supply of PUMA’s
warehouses, stores and offices and even its corporate car
fleet.
“For signatories of the Fashion Industry Charter for Climate
Action, disclosing data to CDP is a fundamental requirement, as
transparency is essential to the analysis and understanding of
climate action and progress,” said Lindita Xhaferi-Salihu, Sector
Engagement Lead with UN Climate Change. “We congratulate PUMA on
making CDP’s A-List for the second year in a row and thank the
company for its continued leadership in this space.”
In 2023, PUMA’s core Tier 1 Suppliers, which produce finished
goods, increased their use of renewable energy to 23.1%, while the
share of renewable energy among PUMA’s core Tier 2 Suppliers, which
make materials, rose to 21.7%. PUMA sources 100% renewable energy,
including renewable energy attribute certificates, for its own
entities.
Last year, PUMA only shipped 0.3% of its products by air and
switched to low-emissions shipping with its logistics partner
Maersk. PUMA’s corporate car fleet now consists of 35% zero or
low-emission vehicles.
PUMA
PUMA is one of the world’s leading sports brands, designing,
developing, selling and marketing footwear, apparel and
accessories. For 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.
About CDP
CDP is a global non-profit that runs the world’s environmental
disclosure system for companies, cities, states and regions.
Founded in 2000 and working with more than 740 financial
institutions with over $136 trillion in assets, CDP pioneered using
capital markets and corporate procurement to motivate companies to
disclose their environmental impacts, and to reduce greenhouse gas
emissions, safeguard water resources and protect forests. Over
24,000 organizations around the world disclosed data through CDP in
2023, with more than 23,000 companies – including listed companies
worth two thirds global market capitalization - and over 1,100
cities, states and regions. Fully TCFD aligned, CDP holds the
largest environmental database in the world, and CDP scores are
widely used to drive investment and procurement decisions towards a
zero carbon, sustainable and resilient economy. CDP is a founding
member of the Science Based Targets initiative, We Mean Business
Coalition, The Investor Agenda and the Net Zero Asset Managers
initiative. Visit cdp.net or follow us @CDP to find out more.
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version on businesswire.com: https://www.businesswire.com/news/home/20240207439163/en/
Robert-Jan Bartunek – PUMA Corporate Communications –
robert.bartunek@puma.com
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