Puma and the Environment

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Puma has published a paper detailing its impact on the environment, becoming the first major corporation in the world to do so.

The combined cost of the company’s carbon emissions and water used in 2010 was €94.4 million / £82.9 million. The figure included both Puma itself and its suppliers.

The sports and leisure group said that they expected the report to help it build "a more resilient and sustainable business model" and to prepare for environmental taxes that could potentially occur in the future.

Puma’s chief executive Jochen Zitz said at the launch of the environmental profit and loss accounts: "Sustainability is essential to the health and future of our business. The business implication of failing to address nature in decision making is clear - since ecosystem services are vital to the performance of most companies, integrating the true cost for these services in the future could have significant impacts on corporate bottom lines." (Source)

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Posted: May 17th, 2011
at 2:52pm by mnp


Categories: green,clothes,business,gear,development,innovation

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