Adidas

Apparel, Accessories & Luxury Goods / Footwear
ADS.DE
€ 172 (2.3)%
Share price
$ 35 bn
Market Cap
$ 38 bn
Enterprise Value

Carbon footprint

3.7 Ton
GHG emissions per $ 1 mln investment
0.13x the weighted average for S&P 500
FY2021
How is this calculated?
+418%
YOY change in GHG emissions
Weaker than the -8.7% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-24%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -5.1% weighted average for S&P 500
FY2022
How is this calculated?

Adidas aims to reduce Scope 1 + 2 by 90% by 2025 from a base year 2017


1.5°C
Adidas's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-4.8%
Proj. YOY change in GHG emissions (all Scopes)
Weaker than the -6.9% weighted average for S&P 500
FY2021
How is this calculated?

Adidas aims to reduce all Scopes by 30% by 2030 from a base year 2017


1.5°C
Adidas's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Adidas's GHG emissions (market-based) (Kt of CO2e)
Adidas's Carbon intensity (Tons per 1 USDm)

Adidas's carbon footprint

Adidas reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 139 Kt (+112/+418% y-o-y). Carbon intensity also soared to 5.5 t (+4.3/+358% y-o-y).

Adidas's Scope 3 emissions was down at 11,638 Kt (-3,566 /-23.5% y-o-y). There has been no consistent trend in recent years.

The company is committed to reducing Scope 1 + 2 by 90% by 2025 from a base year 2017, which translates into the estimated reduction of -33 Kt per annum over the period of FY2022 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing all Scopes by 30% by 2030 from a base year 2017, which translates into the estimated reduction of -564 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to reducing Scope 3 by 30% by 2030 from a base year 2017, which translates into the estimated reduction of -566 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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