Adidas AG

Common Name
Adidas
Country
Germany
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
46,045
Ticker
ADS
Exchange
XETRA
Description
Adidas AG is a prominent global manufacturer and retailer of athletic footwear, apparel, and accessories. Known for its innovative designs and commitment to high performance, Adidas serves diverse mar...

Adidas's GHG Emissions Data Preview

In 2024, Adidas completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Adidas has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Adidas's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Adidas amounted to 184,923 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Adidas increased by 2.5%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Adidas's Scope 1 Emissions Over Time

20192020202120222023202405.5 k11 k16.5 k22 ktCO2e+2%+91%+69%0%-4%
  • Total Scope 1
  • Year-over-Year Change

What are Adidas's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Adidas were 20,844 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Adidas reduced its Scope 1 emissions over time?

Since 2019, Adidas's Scope 1 emissions have increased by 214.86%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Adidas's Scope 1 emissions decreased by 4.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Adidas's Scope 2 emissions?

In 2024, Adidas reported Scope 2 greenhouse gas (GHG) emissions of 114,970 tCOâ‚‚e using the market-based method, and 164,079 tCOâ‚‚e using the location-based method.

Has Adidas reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Adidas's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Adidas 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Adidas use for Scope 2 reporting?

In 2024, Adidas reported its Scope 2 emissions using the market-based method and using the location-based method.

Adidas's Scope 2 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Adidas's Value Chain Emissions

In 2024, Adidas reported 6,243,471 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Adidas includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Adidas's Scope 3 Emissions Over Time

202120222023202402 M4 M6 M8 MtCO2e+8%-23%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Adidas's Scope 3 emissions?

In 2024, Adidas reported total Scope 3 emissions of 6,243,471 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 81.58% of these emissions originated from upstream activities such as purchased goods and capital goods, while 18.42% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2023), Adidas's Scope 3 emissions remained relatively stable, indicating that Adidas 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Adidas disclose?

In 2024, Adidas reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Adidas's Scope 3 emissions?

In 2024, the largest contributors to Adidas's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 4,710,261 tCOâ‚‚e (75.44%)
  • Use of Sold Products (Cat. 11): 994,948 tCOâ‚‚e (15.94%)
  • Upstream Transportation and Distribution (Cat. 4): 316,684 tCOâ‚‚e (5.07%)

Adidas's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(5.1%)Use of Sold Products(Cat. 11)(15.9%)Purchased Goods andServices (Cat. 1)(75.4%)

Insights into Adidas's Total Carbon Footprint

In 2024, Adidas reported a total carbon footprint of 6,428,394 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.81% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Adidas's total carbon footprint was Scope 3 emissions, accounting for 97.12% of the company's total carbon footprint, followed by Scope 2 emissions at 2.55%.