PUMA reduces greenhouse gas emissions by 24% in 2023
Sports company PUMA reduced its greenhouse gas emissions by 24% in 2023 compared to 2022, despite a strong sales growth.
Herzogenaurach, Germany – WEBWIRE – Friday, March 15, 2024
This was made possible by its core suppliers doubling their use of renewable energy in 2023 compared to the previous year, increasing the use of less carbon intensive materials in its products, the introduction of low carbon shipment tariffs by PUMAs logistics partner Maersk, by using renewable electricity or purchasing renewable energy certificates at its own operations and by investing in electric vehicles in its car fleet. Compared with the 2017 baseline, this means an absolute greenhouse gas emission reduction of 29%.
We are very proud of the progress we have achieved on our sustainability journey in 2023, particularly when it comes to the reduction of greenhouse gases, said Anne-Laure Descours, Chief Sourcing Officer at PUMA. We will not stop there, however, and continue to execute our FOREVER.BETTER. sustainability strategy and our 10FOR25 targets.
With an 85% reduction of own emissions and a 65% reduction of supply chain emissions relative to sales, PUMA achieved its first science-based greenhouse gas reduction target in 2023, seven years ahead of the target year 2030.PUMAs new climate goals, which were approved by the Science Based Targets Initiative (SBTi), aim to reduce PUMAs emissions by what scientists say is necessary to keep global warming below 1.5 degrees. By 2030, PUMA aims to reduce its absolute Scope 1 and 2 GHG emissions by 90% from a 2017 baseline year. The SBTi has classified PUMA Scope 1 and 2 targets as in line with a 1.5-degree trajectory. By 2030, PUMA also commits to reduce absolute Scope 3 GHG emissions from its supply chain and logistics by 33% compared to 2017.
Apart from increasing its climate ambitions, PUMA also made progress with its other10FOR25 sustainability targets, reaching two out of ten targets ahead of schedule.
PUMA met its Plastics and the Oceans target by eliminating plastic carrier bags from its owned and operated stores and through researching biodegradable plastic options. An important partof this target was PUMAs successful RE:SUEDE experiment, where it turned an experimental version of its classic Suede sneaker into compost under controlled industrial conditions. A commercial version will be launched in April 2024.
It also achieved its Human Rights target by training more than 220,000 factory workers on womens empowerment and completely mapping subcontractors and Tier 2 suppliers for human rights risks. In addition, PUMA employees donated over 57,000 of community engagement hours.
Other progress included scaling up the use of recycled materials in 2023, producing 8 out of 10 products with a significant part of recycled or certified materials. Starting 2024, all* of PUMAs replica football jerseys will be made using PUMAs RE:FIBRE recycling technology which focuses on polyester textile waste as the primary source of material.
PUMAs sustainability report is available athttps://about.puma.com/en/sustainability/reporting
*excluding any locally sourced kits and replicas for Al Hilal, Galatasaray SK, Fenerbahce, Shakhtar Donetsk
Hamilton, Bermuda – WEBWIRE – Tuesday, February 8, 2022 As a brand and as a company, we are committed to doing the right thing for the planet. Our rums are made in Puerto Rico, a beautiful island in the Caribbean where we are continuously investing in new innovations that will ensure we do just that. This year, we are celebrating our 160th anniversary and while we reflect on our incredible history we are also looking forward to a more sustainable future.
Bacardi, the largest privately held spirits company in the world, has announced that its iconic premium rum brand will cut its greenhouse gas (GHG) emissions in half from 2023.
BACARDÍ rums GHG emissions will be reduced by 50% when a Combined Heat & Power (CHP) system goes live next year at the brands distillery in Puerto Rico. The new CHP system will replace heavy fuel oil with propane gas, a much cleaner and more efficient energy solution.
The 50% reduction in BACARDÍ rums GHG emissions represents a 14% cut in the total emissions globally for family-owned Bacardi, whose portfolio of premium brands also includes BOMBAY SAPPHIRE® gin, PATRÓN® tequila and GREY GOOSE® vodka a significant step towards the 50% cut the company is committed to achieving globally by 2025.
We are committed to cutting our GHG emissions by reducing our energy consumption and switching to the most sustainable form of energy in the countries where we operate. While propane gas is the most responsible energy source in Puerto Rico right now, we are continuing to explore ways in which we can reduce our use of carbon-based fuels even further and take more positive steps towards our ultimate goal of Net Zero.
Rodolfo Nervi, VP Global Safety, Quality & Sustainability for Bacardi
Other ways in which the BACARDÍ rum distillery is already pioneering new environmental practices include:
As part of its Corporate Responsibility program, Good Spirited, and in line with the United Nations Sustainable Development Goals, Bacardi has set a number of goals which it is committed to achieving by 2025. These global targets, which are in addition to the companys commitment to be 100% plastic free by 2030, include:
Find out more about Bacardis sustainability commitments and its vision to become the most environmentally responsible global spirits company at https://www.bacardilimited.com/corporate-responsibility.
Always drink responsibly.
VIDEO: BACARDÍ® Rum Cuts Greenhouse Gas Emissions By 50%
About Bacardi
In 2017, NEC Corporation (TSE: 6701) announced its climate change policy guidelines for 2050(1), aiming to reduce CO2 emissions from its direct business operations to become carbon neutral by 2050. In order to accelerate climate change measures, NEC upgraded its greenhouse gas reduction target from the previous 33% reduction from the baseline emission in FY2017 to a 55% reduction by FY2030. This revised target was validated by the Science Based Targets initiative (SBTi)(2) as being consistent with reductions required to keep global warming to 1.5degC. The target is one of the “materialities,” priority management themes from an ESG perspective, outlined in NEC’s Mid-term Management Plan 2025. In line with this enhanced target, NEC joined RE100(3), which strives to significantly expand the adoption of renewable electricity, and Japan Climate Leaders’ Partnership (JCLP), a coalition of businesses seeking to advance the goals of decarbonisation and sustainable business. NEC is now dedicated to procuring 100% of annual electricity from renewable sources by 2050. NEC envisions its future as “Living harmoniously with the earth to secure the future” in the “NEC 2030VISION.” As part of this, NEC will work with a wide range of stakeholders to realize a decarbonized society. (1) Formulation of climate change policy guidelines aimed at 2050 About NEC Corporation NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.
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BACARDÍ® Rum Cuts Greenhouse Gas Emissions By 50%
Iconic rum achieves major step towards ultimate Net Zero goal with plan to cut greenhouse gas emissions at its Puerto Rico distillery by 50% from next year
Ned Duggan, Senior Vice President, BACARDÍ rum
Bacardi Limited, the largest privately held spirits company in the world, produces and markets internationally recognized spirits and wines. The Bacardi brand portfolio comprises more than 200 brands and labels, including BACARDÍ® rum, GREY GOOSE® vodka, PATRÓN® tequila, DEWARS® Blended Scotch whisky, BOMBAY SAPPHIRE® gin, MARTINI® vermouth and sparkling wines, CAZADORES® 100% blue agave tequila, and other leading and emerging brands including WILLIAM LAWSONS® Scotch whisky, ST-GERMAIN® elderflower liqueur, and ERISTOFF® vodka. Founded 160 years ago in Santiago de Cuba, family-owned Bacardi Limited currently employs more than 8,000, operates production facilities in 10 countries, and sells its brands in more than 170 countries. Bacardi Limited refers to the Bacardi group of companies, including Bacardi International Limited. Visit www.bacardilimited.com or follow us on Twitter, LinkedIn or Instagram.Japan – NEC upgrades its greenhouse gas reduction target to SBT1.5degC and joins RE100, a global renewable electricity initiative
https://www.nec.com/en/global/csr/eco/risk.html?#anc-strategy
(2) Science Based Targets initiative:
An initiative jointly established by the United Nations Global Compact, the World Resources Institute (WRI), and other organizations in 2015. It encourages companies to set GHG emission reduction targets consistent with science-based evidence to the level required by the Paris Agreement, validating targets that comply with criteria including indirect emissions not only within the company but also in the supply chain.
(3) RE100:
A collaborative global initiative of influential businesses committed to 100% renewable electricity. It is led by The Climate Group in partnership with CDP. The Japan Climate Leaders’ Partnership (JCLP) has supported the participation of Japanese companies as a regional partner.Ads
