Over 60% of Adidas products to be sustainable in 2021
For the first time in 2021, over 60 per cent of Adidas
products will be made with sustainable materials like
recycled polyester or sustainable cotton. With this, the
company moves closer toward its objective to end plastic
waste, it said recently. From 2024 onwards, Adidas will
shift to using only recycled polyester. Since 2018, it has
been using exclusively sustainable cotton.
Since 2015, Adidas has been collaborating with the
environmental organisation Parley for the Oceans. This year,
the company aims to produce 17 million pairs of shoes with
recycled plastic waste collected from beaches and coastal
regions, after more than 15 million in 2020.
“Sustainability is an integral part of the Adidas business
philosophy. We have continued to invest in sustainability
initiatives during the coronavirus pandemic and we will
significantly expand our range of sustainable products in
2021,” said Adidas chief executive officer Kasper Rorsted in
a press release.
Adidas is continuously expanding its vegan product offer and
completely renounces the use of fur. In cooperation with
partners, adidas is developing plant-based leather, recycled
cotton as well as a particularly climate-friendly running
shoe.
In partnership with suppliers, it aims to achieve global
climate neutrality by 2050 and in its entire supply chain.
Company-owned photovoltaic systems with a current installed
capacity of 1.4 megawatts generate green electricity and it
has reduced its overall carbon footprint at its sites by
more than 50 per cent compared to 2015.
The Adidas sustainability bond amounting to €500 million
issued in September 2020 was five times oversubscribed.
Proceeds from the offering will be used in endeavours like
procuring recycled materials, investing into renewable
energy production and supporting underrepresented
communities, the press release added.
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