Our sustainability efforts were recognized in several external rankings and recognitions. In 2022 PUMA achieved the highest score on the Business of Fashion Sustainability Ranking, was ranked first among the fashion sector in the Platform Financials for Living Wages benchmark report and for the first time entered the CDP A List for Climate Leaders.
We achieved a leader status in the Textile Exchange Fiber Benchmark Report and the Brands to Zero program of the Zero Discharge of Hazardous Chemicals Foundation (ZDHC).
PUMA also topped the FTSE4Good sector ranking, received a triple A rating from sustainability ratings agency MSCI, a prime rating from ISS and was included in the Corporate Knights Global 100 Most Sustainable Companies list as lead for textiles and clothing. PUMA was ranked highest among all sports brands in the sector with the S&P Corporate Sustainability Assessment. At the end of the year, we received the Sustainability Leadership award from Footwear News America.
At the same time, we also received more critical feedback in reports issued by Stand Earth and the Changing Markets Foundation on the topics of growth and circularity, as well as the dependence on oil as a raw material for synthetic fibers and components. We take these critical remarks into consideration as we develop our sustainability strategy further.
