The annual Sustainability Index report from Business of Fashion (BoF) has been released, outlining performance assessments and important insights from 30 global fashion companies.
The evaluation for 2022 covers six impact categories: emissions, transparency, water and chemicals, materials, workers’ rights, and waste, with outcomes based on data points, proprietary metrics, and extensive study.
Despite the increased efforts being made by the examined firms, BoF concluded that there was still more work to be done and that brands “had yet to generate adequate momentum with their sustainability policies and practices.”
The index’s goal is to give a standard for brands to use in order to expand sustainably, as well as for investors to assess the industry’s success.
Puma received a score of 49 out of 100, outperforming the index average of 28. It attributed this to its Forever Better sustainability strategy, which it claims has contributed to a reduction in the company’s carbon emissions.
Puma CEO, Bjørn Gulden, said that they welcome the recognition in the BoF Sustainable Index 2022. They will consider their leading position as an inspiration to take the next step on their sustainability path. They concur with the conclusions that considerable work remains to be done to bring their business into compliance with the Paris Climate Agreement and the UN Sustainable Development Goals.