PUMA ranked
as one of the World's
Most Sustainable Companies
TIME Magazine and Statista have ranked the World’s Most Sustainable Companies and PUMA is one of them.
July 5, 2024TIME Magazine and Statista have ranked the World’s Most Sustainable Companies and PUMA is one of them.
July 5, 2024PUMA placed in 67th place out of 500 recognized companies overall with a score of 73.02, securing the top spot in the apparel, footwear and sporting goods category.
“We are proud of the progress we are making together with our partners particularly when it comes to the reduction of greenhouse gases. Receiving recognition of our efforts is great, however we remain focused on achieving our 10FOR25 targets and raising the bar even higher for 2030.”
TIME Magazine highlights that companies at the forefront of sustainability have committed to esteemed climate programs. These include adopting the 1.5°C target set by the Science Based Targets initiative (SBTi) and achieving high scores from CDP (formerly known as the Carbon Disclosure Project).
Reducing our CO2 emissions at PUMA is a priority, both in the supply chain and in our own offices, stores, and warehouses. 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 our corporate car fleet.
PUMA achieved its first science-based greenhouse gas reduction target in 2023, seven years ahead of the target year 2030. PUMA’s new climate goals, approved by the Science Based Targets Initiative (SBTi), aim to reduce PUMA’s emissions by what scientists say is necessary to keep global warming below 1.5 degrees.
By 2030, PUMA aims to:
- Reduce absolute Scope 1 and 2 GHG emissions by 90% from a 2017 baseline year. The SBTi has classified PUMA Scope 1 and 2 targets as in line with a 1.5-degree trajectory.
- Reduce absolute Scope 3 GHG emissions from its supply chain and logistics by 33% compared to 2017.
Earlier this year PUMA was also 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’ for the second year in a row.
PUMA also received numerous other recognitions, awards and critical feedback in 2023. Explore more here.
Want to know more about how PUMA made it to the final 500? Click here to find out more: World’s Most Sustainable Companies 2024 | TIME