Companies

Puma named one of the world’s most sustainable companies by Time magazine

Jul 16, 2024 Germany

The company has been named one of the “World’s Most Sustainable Companies” by the US magazine Time and Statista, based on environmental data as well as assessments given by external organisations

Puma was the top-ranked company in the Apparel, Footwear & Sporting Goods sector, with a core of 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.

The German-based sportswear company has set itself 10 targets across a range of areas, including climate, circularity and human rights, and has already achieved two of them ahead of its 2025 deadline. It met its Plastics and the Oceans target by eliminating plastic carrier bags from its owned and operated stores and through researching biodegradable plastic options and its Human Rights target by training more than 220,000 factory workers on women’s empowerment and fully mapping human rights risks in its subcontractors and Tier 2 suppliers.

Earlier this year, Puma also announced that it had achieved its science-based CO2 reduction target seven years ahead of schedule, setting a more ambitious climate target, in line with what scientists say is needed to keep global temperature below 1.5 degrees Celsius.

As part of its FOREVER. BETTER. sustainability strategy, the company is working as well to introduce renewable electricity at key suppliers, use less intensive product materials and invest in electric vehicles for its fleet.

Image Credits: the-ethos.com

Germany Awards Environment Footwear Media Puma Sustainability