Business Wire

PUMA unveils Vision 2030: Scaling up for bigger impact in climate, circularity and human rights

Share

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241114901121/en/

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

VeriSilicon and Innobase Collaboratively Launched Second-Generation Yunbao Series 5G RedCap/4G LTE Dual-Mode Modem IP23.1.2025 01:00:00 CET | Press release

Advancing cellular mobile communication technology innovation and accelerating the lightweight 5G application adoption VeriSilicon (688521.SH) today announced the joint launch of the second-generation Yunbao series 5G RedCap/4G LTE dual-mode modem IP, Yunbao 2, in collaboration with Innobase, a wireless communication technology and chip provider. This new modem IP has successfully completed production validation. The newly launched modem IP integrates and reuses 4G and 5G hardware accelerators, delivering industry-leading performance in terms of area and power consumption. This IP complies with the 3GPP 5G Rel-17 standard and supports both 5G RedCap and 4G LTE FDD/TDD, achieving uplink and downlink transmission rates of 170 Mbps and 120 Mbps, respectively. It also supports multi-SIM standby and features key 5G capabilities such as Ultra-Reliable Low Latency Communication (URLLC), 5G LAN, and network slicing. Furthermore, chips developed using the Yunbao 2 modem IP can be paired with In

WEF25: Saudi Delegation Calls for Nations to Put “Greater Good” First22.1.2025 23:33:00 CET | Press release

The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to the World Economic Forum (WEF) Annual Meeting 2025 said today. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122231862/en/ Saudi delegates to the World Economic Forum Annual Meeting in Davos participate in a panel session at the Saudi House pavilion, stressing the need to foster global dialogue and shape a prosperous future (Photo: AETOSWire) Calling for global collaboration to shape a prosperous future, Saudi Arabia’s Minister of Foreign Affairs, His Highness Prince Faisal bin Farhan bin Abdullah, said: “When we prioritize the greater good over narrow interests, we can work towards something that delivers for all of us. And although we will face difficult challenges this year, and in the years to come, I have to hope that we will all, as the global community, focus on working tog

CoStar Group Partnership to Enhance Market Insights and Drive Growth for New Client Bray Fox Smith22.1.2025 17:32:00 CET | Press release

CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or “our”), a leading provider of online real estate marketplaces, information, and analytics in the property markets, has announced a new client partnership with Bray Fox Smith, a London-based commercial property consultancy focusing on Office Agency and Multi-Sector Investment and Development. This partnership will allow Bray Fox Smith to leverage CoStar’s unrivalled commercial real estate data and analytics platform to drive business growth and deliver enhanced advisory services. With access to CoStar’s extensive insights on property values, market conditions, occupancy levels, and availability, Bray Fox Smith’s team will be well-equipped to uncover a greater number of new opportunities and better understand value in the market. “At CoStar Group, we are dedicated to providing our forward-looking clients with industry-leading insights and tools they need to excel in the commercial real estate market,” said Andy Florance, Founder

Sia Unveils New Name and Refreshed Branding22.1.2025 17:17:00 CET | Press release

Formerly known as Sia Partners, Sia has unveiled a shortened name and a refreshed brand identity. This evolution reflects the firm’s commitment to optimism and unwavering focus on helping clients achieve the best possible outcomes in their transformation journeys. The refreshed brand is more than just a new look—it’s a renewed purpose. The move is designed to inspire fresh perspectives, grounded in the belief that what you can get out of change depends on how you approach it. Sia is presenting its consultants as ‘Optimists for change’, emphasizing its core business of helping clients to profit from opportunity and to overcome challenges. CEO, Matthieu Courtecuisse, shares: “As AI, climate change and cyber threats bring new challenges and opportunities, Sia is well positioned to help our clients respond. We are a next generation consultancy, born digital, augmented by data science, enhanced by creativity and driven by responsibility". “Our revised name is simpler and more memorable for

Rimini Street Announces Rimini Protect™ Advanced Hypervisor Security for VMware, Nutanix and All Other Linux-Based Hypervisors, Powered by Vali Cyber®, to Safeguard Against Ransomware and Other Vulnerabilities22.1.2025 15:00:00 CET | Press release

Rimini Protect Advanced Hypervisor Security is embedded into the industry-leading Rimini Support™ for VMware solution that replaces VMware annual maintenance at substantial savings and extends the supportable lifespan of existing VMware licenses for many years Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced the general availability of Rimini Protect™ Advanced Hypervisor Security (AHS), an exclusive solution powered by proven Vali Cyber® AI/ML security technology. The Rimini Protect AHS solution leverages these innovative capabilities that are already protecting mission-critical hypervisor infrastructure, including US military VMware deployments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122401764/en/ Rimini Street Announces Rimini Protect™ Advanced Hyp

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye