Peak Performance
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:23,523.62 tCO2e
Scope 1 Emissions:277.42 tCO2e
Scope 2 Emissions:148.1 tCO2e
Scope 3 Emissions:23,098.1 tCO2e
Water Consumption:33,249,558.72 m3 (calculated using Higg MSI)
ESG Focus Areas
- Circularity
- Climate Change
- Social Compliance
- Employee Well-being
- Transparency
Environmental Achievements
- Decreased absolute emissions by -24.4% compared to 2022 and -60.4% compared to 2019.
- Decreased Scope 2 emissions by -72.5% compared to 2022 and -36.4% compared to 2019.
- Decreased Scope 3 emissions by -23.9% compared to 2022 and -21.6% compared to 2019.
- Launched Helium FLO, a limited-edition capsule using leftover materials.
- Increased share of lower impact materials to 66%.
Social Achievements
- Launched online peer-to-peer WearAgains platform in Sweden.
- Expanded WearAgains program to Vienna store.
- Launched care instruction guides and videos.
- All Tier 1 partner suppliers rated C or above in VSL grades.
- Held Digital Partner Summit focusing on environmental work.
Governance Achievements
- Launched WhistleB program.
- Updated People Strategy 2024-2028.
- Completed VSL audits of all suppliers with no critical findings.
Climate Goals & Targets
Long-term Goals:
- Reach net-zero emissions by 2050.
Medium-term Goals:
- Be a fully circular business by 2030.
- 100% of new products designed according to Amer Sports Circularity Policy by 2030.
Short-term Goals:
- Reduce Scope 1 and 2 emissions by 50% by 2030.
- Reduce Scope 3 emissions in line with the Well below 2-degree target.
Environmental Challenges
- Supply chain disruptions due to global economic factors (pandemic, war, inflation).
- Challenges in achieving full transparency across the supply chain.
- Overtime working hours and health and safety issues in some supplier factories.
Mitigation Strategies
- Strengthened partnerships with suppliers.
- Implemented corrective actions for supplier non-compliances.
- Developed a new circular strategy with a clear roadmap.
- Increased use of lower impact materials.
- Improved communication and collaboration with suppliers through the Digital Partner Summit.
Supply Chain Management
Supplier Audits: All factories audited in 2023.
Responsible Procurement
- Fair Labor Association (FLA) standards.
- International Accord.
- HIGG Index.
- Restricted Substance List (RSL).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, Science Based Targets initiative (SBTi)
Certifications: Responsible Down Standard (RDS), bluesign®
UN Sustainable Development Goals
- Goal 7 (Affordable and Clean Energy)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Initiatives aligned with reducing emissions, promoting circularity, and using sustainable materials.
Sustainable Products & Innovation
- Helium FLO