Puma

Footwear / Apparel, Accessories & Luxury Goods

PUM.DE

€ 43 4.9

Share price

$ 6.9 bn

Market Cap

$ 8.8 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.02x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

Puma aims to reduce Scope 1 + 2 by 35% by 2030 from a base year 2017

This target is most likely outdated and the company appears to have already achieved it

1.5°C

GHG emissions and Carbon intensity

Puma reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 5.5 Kt (+0.25/+4.7% y-o-y). At the sime time, carbon intensity declined to 0.7 t (-0.2 /-22.2% y-o-y).

Puma's Scope 3 emissions soared to 264 Kt (+53/+25% y-o-y). The growth accelerated compared to the long-term upward trend (CAGR of +4.6% since 4Q'15).

The company is committed to reducing Scope 1 + 2 by 35% by 2030 from a base year 2017, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	5.5	4	1.5	264	8,077	0.7
2020Q4	5.3	4.2	1.1	211	6,129	0.9
2019Q4	18	6.3	12	250	6,184	2.9
2018Q4	29	6.9	22	222	5,496	5.3
2017Q4	48	7.7	40	209	4,669	10
2016Q4		6.9		197	3,997
2015Q4		7.3		192	3,794