Our sustainability approach
The wellbeing of people and the planet are at the heart of our business. We aim for the same excellence in sustainability as for our products and consumer experience.
At Amer Sports, we are committed to sustainability. This means conducting our business in a sustainable manner and always striving for continuous improvement. Our company values compel us to play fair, by the rules, and to always do the right thing.
In 2022 we updated our sustainability strategy, engaging our brands, group functions, and stakeholders in this work. We elevated all our environmental, social, and governance ambitions and commitments to demonstrate accountability and transparency throughout the value chain.
A cornerstone of our sustainability strategy is the materiality assessment, a standard process to identify areas that have an impact on Amer Sports, and that are of interest to our key stakeholders. Our materiality analysis identified 14 such topics, including climate change, sustainable procurement, and the supply chain.
We are responsible for monitoring and improving the social, environmental, and material compliance of all our global suppliers. See the list of our finished goods suppliers.
United Nations’ Sustainable Development Goals
Amer Sports actively supports achieving the United Nations’ Sustainable Development Goals (SDGs), the purpose of which is to end poverty, protect the planet, and ensure prosperity for everyone. To reach these goals the United Nations asks everyone to do their part, including companies and private citizens.
The key topics of the Amer Sports sustainability strategy relate the most to the following SDGs:
We at Amer Sports promote healthy and active living through our products, which encourage and support access to exercise and well-being.
Amer Sports employs nearly 10,000 people and the company’s sales network covers 34 countries. We provide our employees a safe and healthy workplace and have a systematic approach to managing safety at work to prevent accidents and occupational injuries and illnesses. Our policies about decent work cover our whole value chain.
Partnerships
Our commitment to excellence in sustainability can be seen in practice through the multiple partnerships, global action groups, and standards that we follow and participate in:
FICCA aims to propel the fashion industry to net zero greenhouse gas emissions by 2050. FICCA operates under the United Nations Framework Convention on Climate Change (UNFCC).
Some of Amer Sports’ largest apparel brands—including Arc’teryx, Salomon, and Peak Performance—are signatories of FICCA. As such, they are committed to measuring and reducing emissions across their supply chains.
Science-Based Targets initiative
As signatories of FICCA, Arc’teryx, Salomon, and Peak Performance are also committed to the Science Based Targets initiative, championed by the United Nations Global Compact. Science-based targets provide a clear pathway for companies to reduce greenhouse gas emissions (GHG) in line with the Paris Agreement goals.
We monitor and control labor practices to make sure that they meet the requirements set by the Amer Sports Ethical Policy. We are a participating company of the Fair Labor Association (FLA), and our ethical policy is aligned with the FLA’s Code of Conduct.
We provide a safe workplace where diversity is celebrated and where equal opportunities are available to all.
We honor human rights in the spirit of internationally recognized social and ethical standards, such as the United Nations’ Universal Declaration on Human Rights and those of the International Labour Organization (ILO).
Our approach to taxation matters
We act ethically, with integrity, and with transparency in all business dealings. We also maintain effective systems and controls to ensure that we consistently apply the relevant laws, regulations, and best practices in all our decision-making.
Brand sustainability strategies
Atomic also aims to reduce the company’s CO2 impact on a product level by 50% and to provide full transparency across its individual product detail pages by 2030.
Atomic will report its progress towards these goals on an annual basis.
These goals will first be achieved by reducing actual emissions as much as possible. For the emissions that cannot be reduced, the company will offset them with an equivalent amount of carbon dioxide removal. Peak Performance also aims to ensure that 30% of its products are fully circular by 2023, rising to 100% by 2030.
The Peak Performance sustainability strategy —The longer the cooler—rests on the idea of longevity.
Crucially, Salomon has pledged to reduce its Scope 1 and 2 greenhouse gas emissions 50% and Scope 3 GHG emissions 30% by 2030 and to design 100% of its products on the principles of the circular economy by 2025.
Wilson has begun to calculate all its Scope 1, 2, and 3 emissions and will use 2022 as the baseline for reducing their environmental footprint. Wilson also plans to perform lifecycle assessments (LCA) for all key products. LCAs will help the company assess the environmental impacts associated with all stages of a product’s life.
Wilson’s Sustainability Director is responsible for setting the ESG (environmental, social, governance) framework and strategy, managing ESG topics, and driving multi-year sustainability goals. Wilson’s framework will align with the United Nations Sustainable Development Goals (SDGs), the United Nations Global Compact’s principles-based approach to doing business, and the Paris Agreement’s global framework.
