Puma Is Cutting CO2 and Saving Water Across its Supply Chain

Image Source: https://www.environmentalleader.com/

Puma Is Cutting CO2 and Saving Water Across its Supply Chain

Puma Is Cutting CO2 and Saving Water Across its Supply Chain

Source: https://www.environmentalleader.com/2022/12/puma-is-cutting-co2-and-saving-water-across-its-supply-chain/

Puma SE has been designing and making athletic shoes and casual apparel since 1948. The Germany-based company is the world’s third-largest sportswear maker. Puma’s employees, customers, and shareholders are concerned about sustainability, pushing the company to adopt its so-called “10for25 sustainability strategy” which is linked to the UN’s climate goals. That includes using more renewable energy and offering more sustainable products with environmentally-friendly materials. Puma grades itself yearly, with 40% being the lowest-possible passing score. Overall, it scores a 60% on wastewater, water, energy, and environmental management. It says that chemicals, air, and waste are the fields in which it can improve. To that end, it aims to reduce its Scopes 1 and 2 greenhouse gas emissions by 35% by 2025 from a 2017 baseline. That applies to emissions at its operations and among the fuels it buys. It also plans to cut its Scope 3 emissions tied to its value chain for purchased goods and services by 60% by 2030, achieved primarily by focusing on the transport of goods and cutting down on its air freight by 5% annually. “Our absolute emissions from the purchased goods and services category have decreased by 12% from 2017 to 2021 while our business has grown by 65 %,” says Puma. “Due to efficiency improvements and the use of renewable electricity at the factory level, as well as the usage of more sustainable materials, our emissions relative to sales have decreased by 46% in the same period, in line with our Science-based target of 60% reduction relative to sales until 2030.”