Puma finalises environmental profit and loss

12th December 2011


Related Topics

Related tags

  • Reporting ,
  • EMS ,
  • Stakeholder engagement ,
  • Procurement

Author

IEMA

Puma has added £44 million more to the value of its environmental impacts in 2010, as the sports goods firm completes its ground-breaking environmental profit and loss (EP&L) statement.

In May, the company valued its greenhouse-gas emissions and water consumption at £81 million, bringing the overall value of its environmental impacts in 2010 to £124 million.

The latest figures relate to land use change for the production of raw materials, and air pollution and waste along Puma’s value chain.

The EP&L reveals that only £7 million of the total derives from Puma’s core operations, such as offices, warehouses, stores and logistics, with the rest coming from its supply chain.

The company plans to use the first EP&L account as a benchmark for mitigating its environmental footprint.

“We view the EP&L as an essential tool to help drive sustainability development across the group, because analysing a company’s environmental impact, and understanding where environmental measures are necessary, will not only help conserve the benefits of ecosystem services but also ensure the longevity of our business,” said Jochen Zeitz, chair of Puma.


Transform articles

The reading room

How to Save Our Planet is call to action that aims to equip everyone with the knowledge needed to make change. We need to deal with climate change, environmental destruction and global poverty, and ensure everyone’s security.

23rd September 2021

Read more

Hannah Lesbirel and Beccy Wilson speak to IEMA members about climate anxiety

23rd September 2021

Read more

Seven of the UK's 17 key industry sectors are still increasing their emissions year-on-year, and most will miss their 2050 net-zero targets without significant government action, new research suggests.

23rd September 2021

Read more

The UK government’s former chief scientific adviser Sir David King talks to Chris Seekings about his career, the latest IPCC report, COVID-19 and COP26

23rd September 2021

Read more

The UK’s transition to net-zero emissions will only succeed if the government does more to involve the public in designing climate-related policies, the Institute for Government has warned.

23rd September 2021

Read more

In a joint editorial, more than 200 health journals have called on governments to take emergency action to tackle the “catastrophic harm to health” caused by climate change.

23rd September 2021

Read more

The UK public is the more concerned about the environment than it has been for the last 30 years.

23rd September 2021

Read more

COVID-19 recovery packages have largely focused on protecting, rather than transforming, existing industries, and have been a “lost opportunity” for speeding up the global energy transition.

23rd September 2021

Read more

Hello, and welcome to another edition of Transform, the magazine for IEMA sustainability professionals. I hope you are staying safe, and managing to have a productive October and November.

23rd September 2021

Read more

Media enquires

Looking for an expert to speak at an event or comment on an item in the news?

Find an expert