Energy Efficiency, GHG Emissions, Industrial - November 14, 2024
PUMA Sets New 2030 Goals
Sports products company PUMA announced its new Vision 2030 sustainability goals, which include new emission targets and expand on the strong progress the brand has made.
PUMA has set new greenhouse gas reduction targets, which were approved by the Science Based Targets initiative (SBTi). By 2030, PUMA seeks to cut its absolute Scope 1 and 2 GHG emissions by 90% (market based) from a 2017 baseline year and has committed to reduce absolute Scope 3 GHG 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 eight out of 10 products from recycled or certified materials and is well on track to achieve the nine of 10 target set for 2025.
PUMA previously announced it had reached its science-based target seven years ahead of schedule. The company reduced GHG 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.
“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, in a statement.
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