Awards and Recognitions

Our sustainability efforts continued to be recognised in several external rankings and recognitions. In 2023, PUMA maintained its triple-A rating from MSCI, achieved a “good” rating from the critical consumer labeling organisation “Good on You”, and achieved the highest score in the Platform Financials for Living Wages benchmark report and Corporate Human Rights Benchmark for our industry, and maintained an A rating from CDP.

PUMA once again topped the FTSE4Good sector ranking. We received a prime rating from ISS and were included in the Corporate Knights Global 100 Most Sustainable Companies list for the third year in a row, leading the textiles and clothing peer group. PUMA also had the highest score among all sports brands in the S&P Corporate Sustainability Assessment.

At the same time, we continued to receive critical feedback in reports issued by Stand Earth on the use of biomass as a replacement for coal in our supply chain, the Changing Markets Foundation on the dependence on oil as a raw material for synthetic fibres and components, Labor Behind the Label on working conditions in Pakistan, and Clean Clothes Campaign and Action Aid on the wage gap during the COVID-19 pandemic in Cambodia. We consider these critical remarks as we develop our sustainability standards, process and strategy.

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