This is how the sporting goods industry deals with CSR & Sustainability – Page 51
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Article
Nike releases new Impact Report and sets new targets for 2025
Nike has released the 11th edition of its Impact Report. The document addresses and assesses the company’s 2020 (financial year ended in May, 2020) targets, which were set in 2015, and sets new corporate targets for 2025. Nike has been releasing Impact Reports for two decades and shifted to an ...
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ArticleFootwear companies take sustainability in their stride
Hardly a day goes by without a footwear company or a component supplier announcing a more sustainable product, a recycling program or an environmentally-friendly scheme. Such a flurry of initiatives, which are taking place also outside the athletic footwear sector, is motivated by growing consumer and regulatory pressure as well ...
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News briefs
Quiksilver launches a “sustainability hub”
Quiksilver has launched a sustainable “Made Better” apparel collection made from recycled materials along with a “sustainability hub” that went live on its American website on March 10. The line includes boardshorts made with recycled plastic bottles and other items such as fleeces made with recycled polyester, and the surf ...
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News briefs
Nike supports girls’ access to football in London
Nike is backing Girls United through a new partnership, called Love the Games, which is meant to give girls in London more access to sports such as football. According to the charity, girls drop out of sports at twice the rate of boys. As reported by Sportindustry.biz, the new initiative ...
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Article
Germany wants to protect human rights with Supply Chain Act
On March 3, the German federal government approved a bill that aims to force relatively large German companies to respect human rights in their global supply chain. Parliament is expected to pass the draft legislation, commonly referred to as the Supply Chain Act, by the middle of the year. The ...
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News briefs
Lidl helps Northern Ireland schools buy sports kits
Lidl has awarded 40 secondary schools in Northern Ireland - one for every Lidl store in the region - £3,000 (€3,500-$4,193) worth of vouchers each to purchase new sports equipment. The donation, which represents an overall investment of £120,000 (€139,000-$167,757), is part of the Lidl Community Works Sport for Good ...
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News briefsThe VF Foundation releases its first Impact Report
The VF Foundation, the philanthropic arm of VF Corp. established in 2004 and based in Denver, has released its first report detailing the positive impact that its financial grants and philanthropic partnerships have had on more than four million people in 53 countries over the past year. From April ...
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News briefs
Save The Duck receives €3 million sustainability loan
Save The Duck, the Italian animal-free brand of outerwear, has received a €3 million S-Loan (Sustainability Loan) from the Italian Intesa Sanpaolo bank. The company will use the loan to progress toward two leading sustainability objectives. The first is to launch a “green” supply policy throughout its entire supply chain, ...
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News briefs
VF Corp. named as one the World’s Most Ethical Companies
VF Corp. has been listed by Ethisphere among the “2021 World’s Most Ethical Companies.” VF has received this recognition for the fifth consecutive year, and is the only honoree in the apparel industry to be named this year. In 2021, 135 companies have been selected for their commitment to business ...
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News briefs
Adidas joins the Fur Free Retailer program
Adidas has joined the Fur Free Retailer program, an international initiative of the Fur Free Alliance that aims to encourage companies to go fur-free. Adidas currently does not sell products made of animal fur, but the brand has nevertheless pledged to permanently renounce fur in order to underline its commitment ...
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News briefs
Puma partners with Women Win to empower girls through sports
Puma has signed a long-term agreement with Women Win, an organization that uses sports to empower girls and women around the world. With the projects that will be supported directly by the German sports brand, Women Win will reach 5,000 girls and women, said Puma. In addition, as a core ...
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News briefsNew Zealand Merino launches 100% regenerative wool platform with Icebreaker, Allbirds and Smartwool
The New Zealand Merino Company (NZM) will work with Icebreaker, Smartwool and Allbirds and 167 sheep growers in New Zealand to create ZQRX, the world’s first regenerative wool platform. “ZQRX is an important and necessary evolution of our ethical wool program, ZQ,” said John Brakenridge, NZM’s CEO. “Through the adoption ...
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News briefsVF Corp. allocates the proceeds from its Green Bond
VF Corp. has released its Green Bond Impact Report, in which it shows that the net proceeds of around €493 million from its inaugural Green Bond have been fully allocated to 13 of VF’s eligible sustainability projects worldwide, including 2 million trees planted, around 16,000 metric tons of CO² emissions ...
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News briefs
Schöffel Foundation plants 30,000 trees
Peter Schöffel, CEO Schöffel The reduction of the VAT in Germany in the second half of 2020 was intended to support the economy during the Covid-19 pandemic. But it also made possible a sustainability project by the Schöffel Foundation, which was established in 2011 to promote and ...
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News briefsSympatex’ membranes will be over 25% bio-based
Sympatex announced at ISPO Munich Online that ,as early as this year, more than 25 percent of the raw materials required for its membranes will be switched to bio-based sources derived from various organic waste streams, based on mass balancing. At the same time, the ingredient brand says it aims ...
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News briefs
Asics recognized for actions on supply chain to mitigate climate change
For the second year in a row, Asics Corp. has been awarded a high position on the Supplier Engagement Leaderboard by the Carbon Disclosure Project (CDP) for its relations with suppliers on climate change. CDP is a not-for-profit environmental charity that runs the global disclosure system adopted for the management ...
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ArticleVF wants more “equity” in its labor policy
In line with its Council to Advance Racial Equity (CARE) and Inclusion, Diversity, Equity and Action (IDEA) initiative, VF Corp. is implementing a number of new measures in its labor policy. “All VF employees will participate in a foundational inclusion and diversity learning journey to ensure they share a common ...
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News briefs
FESI webinar about sustainability governance on March 3
FESI is inviting anyone in the sporting goods industry to register for a webinar on “How to ensure a fair and effective EU framework on due diligence,” as related to the European Green Deal. It will take place on March 3 from 4:30 pm to 5:30 pm CET. The European ...
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News briefsTecnica launches a ski boot recycling project
Tecnica has introduced Recycle Your Boots, a project that aims to promote the circular economy by transforming old, used boots into second-generation materials. A ski boot is made of up to 120 components, which typically end up in the landfill, the company explains. Any skier who plans to buy a ...
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Article
VF Corp. wants to eliminate single-use plastic packaging by 2025
VF Corp. has announced new sustainable packaging goals, defined as “a critical component of VF’s global sustainability strategy” for its large portfolio of brands, which includes The North Face, Vans, Timberland, icebreaker and Eastpak, among others. The new targets revolve around the following four pillars : 1) Eliminate all single-use ...
