With a score of 49 out of 100 points, sportswear giant Puma has taken the top spot in the Business of Fashion’s Sustainability Index 2022, both in sportswear and overall rankings.
According to the latest ranking by the publication Business of Fashion, which ranked the 30 largest companies in the fashion industry, sportswear company PUMA has been ranked as the most sustainable brand in the industry.
Puma, the German sportswear company, edged out Nike, whose score dropped by two points this year, to take the top spot in Business of Fashion's Sustainability Index 2022. Nike has moved to second place in sportswear and fifth overall.
PUMA, headquartered in Bavaria, Germany, received top marks for water and chemicals, worker rights, and transparency, scoring 49 out of 100 points overall, far outperforming the industry average OF 28.
“We welcome the recognition in the Business of Fashion Sustainability Index 2022 and will take our leadership position as an encouragement to take the next step on our sustainability journey,” PUMA CEO Bjørn Gulden said.
“We agree with the conclusion that much remains to be done to bring our industry in line with the Goal of the Paris Agreement on Climate Change as well as the United Nations Sustainable Development Goals.”CEO adds.
PUMA announced earlier this year that, as part of its Forever Better sustainability strategy, it had reduced its carbon emissions from both its own operations (-88 percent) and its supply chain (-12 percent) between 2017 and 2021, despite strong sales growth during the same period.
The company achieved this reduction by purchasing 100 percent renewable electricity via renewable electricity tariffs and renewable energy attribute certificates, transitioning company’s car fleet to electric engines, using more sustainable materials, and implementing factory-level efficiency improvements.
To be transparent about its supply chain, the company published its entire list of Tier 1 suppliers, as well as the most important Tier 2 and Tier 3 suppliers.
In the water and chemicals sector, PUMA published wastewater tests for its wet processing suppliers, demonstrating improved compliance with wastewater industry standards such as the ZDHC Wastewater Quality Guideline.
For Puma, it is the Lion’s share when it comes to sustainability ranking
PUMA collaborates with the Fair Labor Association and the ILO Better Work Program to improve workers’ rights in its supply chain, a topic the company first committed to in its Code of Conduct in 1993. In its annual report, it collects and publishes wage data as well as other social performance indicators.
PUMA is one of the world’s leading sports brands, designing, developing, selling and marketing footwear, apparel and accessories. For more than 70 years, it has relentlessly pushed sport and culture forward by creating fast products for the world’s fastest athletes. It 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 sports influences into street culture and fashion. The PUMA Group owns the brands PUMA, Cobra Golf and Stitch. The company distributes its products in more than 120 countries, employs about 16,000 people worldwide, and is headquartered in Herzogenaurach/Germany.