PUMA unveils Vision 2030: Scaling up for bigger impact in climate, circularity and human rights
14 Novembre 2024 - 9:00AM
Business Wire
Sports company PUMA has announced its new Vision 2030
sustainability goals, which expand on the strong progress the brand
has made.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20241114901121/en/
PUMA Headquarters at Herzogenaurach
(Photo: Business Wire)
“With Vision 2030 we have elevated and evolved our current
10FOR25 sustainability goals to achieve impact on a larger scale
across our business in climate, circularity and human rights. We
are setting the bar higher to stay true to our responsibility to be
FOREVER. BETTER. throughout our business, for people and the
planet,” said Anne-Laure Descours, Chief Sourcing Officer.
PUMA has set new greenhouse gas reduction targets, which were
approved by the Science Based Targets initiative (SBTi) as aligned
with a 1.5-degree scenario. By 2030, PUMA seeks to cut its absolute
Scope 1 and 2 greenhouse gas emissions by 90% (market based) from a
2017 baseline year and has committed to reduce absolute Scope 3
greenhouse gas emissions from its supply chain and logistics by 33%
compared to 2017, while continuing to strive for strong growth.
Additional climate targets for 2030 include increased renewable
energy use at PUMA’s core suppliers and a focus on increasing the
use of less carbon-intensive materials. In 2023, PUMA produced 8
out of 10 products from recycled or certified materials and is well
on track to achieve the 9 of 10 target set for 2025.
PUMA has already made strong progress in reducing its greenhouse
gas emission over the past years and it announced that it had
reached its previous science-based target seven years ahead of
schedule. PUMA reduced greenhouse gas emissions by 24% in 2023
(market based) compared to 2022 and had its efforts in
decarbonization and climate transparency ranked highly by the
Carbon Disclosure Project (CDP) in 2023, Fashion Revolution and
Financial Times in 2024.
Circularity remains high on the agenda for 2030, including
targets to enter more circular business models and to introduce
re-sell and repair in selected markets. New material targets for
2030 include using 100% recycled polyester fabric. In Apparel, 30%
of the polyester fabric will be Fibre-to-Fibre recycled, while 20%
of cotton fabric will also be from recycled sources. The brand
plans to invest in next-generation material research options with a
focus on footwear and will continue scaling up textile-to-textile
recycling. PUMA already announced this year that it had produced
millions of replica football jerseys primarily from recycled
textile waste through its RE:FIBRE programme.
PUMA’s Human Rights targets for 2030 in its own operations
include closing the gender pay gap in all countries and fostering
diversity, equity and inclusion. Targets focused on Human Rights in
the Supply Chain include training 400,000 workers on Human Rights,
a progressive salary increase towards a living wage and a zero
gender pay gap at core factories by 2030.
Watch the video here.
For more detailed information on the Vision 2030 targets, please
visit https://about.puma.com/en/sustainability.
There’s only one Forever. Let’s make it Better.
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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version on businesswire.com: https://www.businesswire.com/news/home/20241114901121/en/
Samantha Du Plessis, PUMA Corporate Communications,
samantha.duplessis@puma.com
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