The company scored 73.02 out of 100 possible points. Credit: Sergei Prokhorov via Shutterstock.

Sports footwear and apparel retailer Puma has been named by TIME Magazine in its list of the World’s Most Sustainable Companies.

The company scored 73.02 out of 100 possible points and ranked 67th out of 500 companies across various sectors.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

TIME created the list with data firm Statista, measuring Scope 1 and 2 emissions and energy consumption relative to company size, emissions reductions in 2021 and 2022, and the proportion of renewable energy used in company operations.

Scope 1 emissions are directly caused by a company and Scope 2 are indirectly created when a company purchases power.

In early 2024, Puma announced that it reached its science-based CO₂ reduction target seven years ahead of schedule.

See Also:

The company has also focused on introducing renewable electricity at its core suppliers, using product-materials that are less carbon-intensive, opting for low-carbon shipping tariffs, and investing in electric vehicles in its car fleet.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

For its owned and operated buildings, Puma buys renewable energy tariffs and renewable energy attribute certificates.

The choice of materials used in Puma’s products is also an integral part of its sustainability strategy. In 2023, the company produced eight out of ten products with a significant part of recycled and certified materials such as recycled polyester.

Puma chief sourcing officer Anne-Laure Descours stated: “Being ranked among the most sustainable companies by such a prestigious publication is a great recognition of our FOREVER. BETTER. sustainability strategy. We will take this as an incentive to work even harder and continue to reduce our environmental footprint.”

The highest-ranking retailer on TIME’s list is Italian luxury fashion house Moncler which came third, recognised for its use of recycled materials and renewable electricity at its directly managed offices, stores, factories, and logistics hubs.