Puma SE

Common Name
Puma
Country
Germany
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
17,303
Ticker
PUM
Exchange
XETRA
Website
puma.com
Description
Puma SE is a leading global sportswear and lifestyle company specializing in the design, production, and marketing of high-quality athletic footwear, apparel, and accessories. As a prominent entity in...

Puma's GHG Emissions Data Preview

In 2023, Puma 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).

Puma 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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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 Puma's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Puma amounted to 48,082 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 2022, the total operational greenhouse gas (GHG) emissions of Puma increased by 15.21%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Puma's Scope 1 Emissions Over Time

20182019202020212022202302 k4 k6 k8 ktCO2e-9%-34%+7%+39%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Puma's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Puma were 6,403 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Puma reduced its Scope 1 emissions over time?

Since 2018, Puma's Scope 1 emissions have decreased by 7.44%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Puma's Scope 1 emissions increased by 3.17%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Puma's Scope 2 emissions?

In 2023, Puma reported Scope 2 greenhouse gas (GHG) emissions of 530 tCOâ‚‚e using the market-based method, and 41,679 tCOâ‚‚e using the location-based method.

Has Puma reduced its Scope 2 emissions over time?

Since 2018, Puma's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Puma 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Puma's Scope 2 emissions (Location-Based) rose by 17.31% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Puma use for Scope 2 reporting?

In 2023, Puma reported its Scope 2 emissions using the market-based method and using the location-based method.

Puma's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Puma's Value Chain Emissions

In 2023, Puma reported 1,089,971 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 2023 disclosure of Puma includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Puma's Scope 3 Emissions Over Time

2018201920202021202220230450 k900 k1.35 M1.8 MtCO2e+11%-16%-9%+6%-24%
  • Total Scope 3
  • Year-over-Year Change

What are Puma's Scope 3 emissions?

In 2023, Puma reported total Scope 3 emissions of 1,089,971 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Puma reduced its Scope 3 emissions over time?

Since 2018, Puma's Scope 3 emissions have decreased by 31.29%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Puma's Scope 3 emissions decreased by 23.82%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Puma disclose?

In 2023, Puma 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 Puma's Scope 3 emissions?

In 2023, the largest contributors to Puma's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 991,864 tCOâ‚‚e (91%)
  • Upstream Transportation and Distribution (Cat. 4): 70,412 tCOâ‚‚e (6.46%)
  • Business Travel (Cat. 6): 11,499 tCOâ‚‚e (1.05%)

Puma's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(91.0%)Business Travel(Cat. 6)(1.1%)UpstreamTransportation andDistribution(Cat. 4)(6.5%)

Insights into Puma's Total Carbon Footprint

In 2023, Puma reported a total carbon footprint of 1,138,053 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.71% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Puma's total carbon footprint was Scope 3 emissions, accounting for 95.78% of the company's total carbon footprint, followed by Scope 2 emissions at 3.66%.