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CSR- ADIDAS FINAL
CSR- ADIDAS FINAL
CSR- ADIDAS FINAL
SOCIAL RELEVANCE
PROJECT REPORT ON
Submitted by
Ms. Rutuja Praful Amberkar
2022-2024
I hereby declare that this project report submitted by me in partial fulfilment of the
requirement for the award of MASTER OF MANAGEMENT STUDIES (MMS) of the
University of Mumbai is a bonafide work undertaken by me and it has not been submitted to
any other University or institution for the award of any other degree or diploma certificate or
published any time before.
CERTIFICATE
This is to certify that the project entitled “A study on Corporate Social Responsibilities of
Adidas” submitted by Miss. Rutuja Praful Amberkar in partial fulfilment for the award of
Master of Management Studies of Mumbai University is his/ her original work and does not
form any part of the projects undertaken previously.
Date:
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PROF. NIKHIL SHIRSAT DR. ASHOK LUHAR
(PROJECT GUIDE) (DIRECTOR)
ACKNOWLEDGEMENT
This project has been a great learning experience for me. I take this opportunity to thank
Prof. NIKHIL SHIRSAT, my internal project guide whose valuable guidance & suggestions
made this project possible. I am extremely thankful to him for his support. He has
encouraged me and channelized my enthusiasm effectively.
I express my heart-felt gratitude towards my parents, siblings and all those friends who have
willingly and with utmost commitment helped me during the course of my project work.
I also express my profound gratitude to DR. ASHOK LUHAR, Director of Indira Institute of
Business Management for giving me the opportunity to work on the projects and broaden my
knowledge and experience.
I would like to thank all the professors and the staff of Indira Institute of Business
Management especially the library staff who were very helpful in providing books and
articles I needed for my project.
Last but not the least, I am thankful to all those who indirectly extended their co-operation
and invaluable support to me.
EXECUTIVE SUMMARY
The corporate social responsibility (CSR) initiatives of Adidas reflect the company's commitment to
sustainable business practices and positive societal impact. With a focus on environmental sustainability,
ethical sourcing, labor practices, and community development, Adidas has established itself as a leader in
CSR within the sports apparel industry. Adidas has set ambitious goals to reduce its environmental footprint,
including pledges to use only recycled polyester in its products and source more sustainable cotton. By
investing in innovative materials and technologies, such as Lanzatech and Mylo, Adidas is driving forward
sustainable product development and setting new standards for the industry.
Ethical sourcing and labor practices are core principles of Adidas' CSR strategy. The company is actively
involved in initiatives like the Leather Working Group and collaborates with industry stakeholders to ensure
responsible sourcing of materials like leather while upholding high standards for worker welfare and safety
throughout its global supply chain.
Community development is another key focus area for Adidas. Through programs like 'Move for the Planet'
and 'Common Goal,' the company is making a tangible impact on communities around the world, promoting
diversity, inclusion, and physical activity. These initiatives not only benefit the communities they serve but
also align with Adidas' brand values and resonate with consumers.
Overall, Adidas' CSR initiatives demonstrate a holistic approach to corporate responsibility, integrating
social and environmental considerations into its business operations. By setting ambitious goals, engaging in
collaborative partnerships, and driving innovation, Adidas is leading the way towards a more sustainable and
equitable future for the sports apparel industry and beyond.
CONTENTS
2 COMPANY PROFILE
3 METHODOLOGY
3.1 Research Design
3.2 Data Collection methods
4 DATA ANALYSIS
5 FINDINGS
6 CONCLUSION
To assess Adidas programs, guidelines, and policies to ensure alignment with community involvement,
diversity, ethical labour standards, and environmental sustainability.
To identify obstacles to effective CSR implementation and uncover avenues for innovation and
improvement within Adidas.
To analyse Adidas CSR efforts to ascertain their effectiveness in creating positive outcomes for society, the
environment, and the business itself.
The scope of study on CSR activities by Adidas is multifaceted and encompasses various dimensions crucial
for a comprehensive analysis. The study delves into the detailed examination of specific CSR programs
initiated by Adidas, such as sustainable sourcing, community engagement, or labor standards compliance.
This involves scrutinizing the goals, implementation strategies, and outcomes of these programs to gauge
their effectiveness in addressing social, environmental, and ethical issues. It helps to evaluates Adidas's CSR
policies to understand their breadth, depth, and alignment with international standards and guidelines. By
analyzing these policies, researchers can ascertain the company's commitment to CSR principles and its
approach to integrating them into its business operations. The study explores stakeholder perspectives by
gathering insights from diverse groups such as employees, consumers, NGOs, and local communities.
Understanding their perceptions of Adidas's CSR initiatives and their impact provides valuable feedback for
assessing the effectiveness and relevance of these activities.
This study is constrained by the availability of data and information, as Adidas may not disclose all
aspects of its CSR activities or their impact due to competitive reasons or confidentiality concerns.
This study does not include any primary data collected through surveys, interviews, or other direct
methods. This may limit ability to gain a deeper understanding on its CSR activities.
The study did not include the views of stakeholders such as employees, customers or community
members. This may limit the ability to achieve a more comprehensive understanding of a company's
CSR practices.
CHAPTER II
COMPANY PROFILE
2.1 ADIDAS
Adidas is a multinational corporation founded in 1949 by Adolf Dassler, hence the name "Adidas" (a
portmanteau of "Adi" from Adolf and "Das" from Dassler). It's one of the world's largest producers of
athletic footwear, apparel, and accessories. The brand is known for its iconic three-stripe logo. Originally
focused on athletic shoes, Adidas has expanded its product line to include clothing and accessories for
various sports and activities, as well as lifestyle and fashion wear. The company sponsors numerous athletes,
teams, and events globally, making its mark not just in sports but also in popular culture.
In recent years, Adidas has been notable for its commitment to sustainability and innovation. They've
introduced initiatives like using recycled materials in their products and investing in technologies to reduce
environmental impact in manufacturing processes. Additionally, collaborations with designers, artists, and
celebrities have helped keep the brand relevant and appealing to a wide audience.
VISION OF ADIDAS
"To be the best sports and lifestyle brand globally, known for inspiring athletes to reach new heights of
performance and empowering individuals to express themselves through sport and style. We aim to lead the
industry in innovation, sustainability, and creativity, continually pushing boundaries to shape the future of
sportswear and positively impact communities worldwide."
MISSION OF ADIDAS
"At Adidas, our mission is to be the best sports and lifestyle brand in the world by designing and producing
innovative products that enable athletes of all levels to perform at their best. We are committed to fostering
inclusivity and diversity, ensuring that everyone has the opportunity to participate in and benefit from sports.
We strive to lead the industry in sustainability, minimizing our environmental footprint and positively
impacting communities around the globe. Through our passion for sport and culture, we aim to inspire
creativity, collaboration, and positive change, shaping a better future for generations to come."
VALUES
Adidas's values are the core principles that guide its actions, decisions, and interactions both internally with
its employees and externally with its customers, partners, and communities. While the specific values may
evolve over time, Adidas generally emphasizes key themes such as innovation, performance, sustainability,
integrity, inclusivity, and collaboration.
Innovation: Adidas is committed to pushing the boundaries of design and technology to create innovative
products that enhance athletic performance and inspire creativity.
Performance: Excellence is at the heart of everything Adidas does. The company strives to empower athletes
to achieve their full potential and reach new heights of success.
Sustainability: Adidas recognizes its responsibility to protect the planet and promote sustainable practices.
The company is dedicated to reducing its environmental footprint, conserving resources, and positively
impacting communities.
Integrity: Adidas upholds the highest standards of ethics, honesty, and transparency in all its operations and
relationships. Integrity is fundamental to building trust and credibility with stakeholders.
Inclusivity: Adidas believes in the power of sport to bring people together and promote diversity, equality,
and inclusion. The company is committed to creating an environment where everyone feels welcome and
valued.
Collaboration: Adidas values teamwork, cooperation, and partnership. By working together internally and
externally, the company fosters innovation, drives collective impact, and achieves shared goals.
Adidas offers a diverse range of products spanning athletic footwear, apparel, accessories, and equipment for
various sports and activities. Here's an overview of some of the key product categories offered by Adidas:
Footwear:
Running Shoes: Designed for various types of runners, including neutral, stability, and trail runners, with
features such as responsive cushioning, stability support, and durable outsoles.
Training Shoes: Versatile footwear for gym workouts, cross-training, and high-intensity interval training
(HIIT), offering stability, support, and flexibility.
Soccer Cleats: Performance-oriented cleats for soccer players, engineered for speed, agility, ball control,
and traction on different playing surfaces.
Basketball Shoes: High-performance basketball footwear featuring cushioning technologies, ankle support,
and traction patterns optimized for quick cuts and jumps.
Apparel:
Performance Apparel: Moisture-wicking, breathable clothing for various sports, including running,
training, soccer, basketball, and tennis, offering comfort, freedom of movement, and temperature regulation.
Athleisure Wear: Stylish, comfortable apparel blending sportswear with fashion elements, suitable for both
active pursuits and casual wear.
Outerwear: Jackets, hoodies, and vests designed for outdoor activities, providing protection from the
elements without compromising on style or performance.
Accessories:
Bags and Backpacks: Durable, functional bags for carrying gear, equipment, and personal belongings, with
features such as multiple compartments, padded straps, and water-resistant materials.
Hats and Caps: Headwear options including baseball caps, beanies, and visors, featuring moisture-wicking
fabrics, adjustable closures, and UV protection.
Socks: Performance-oriented socks with features such as cushioning, arch support, and moisture
management, designed for various sports and activities.
Equipment:
Soccer Gear: Goalkeeper gloves, shin guards, balls, and training accessories for soccer players of all levels.
Basketball Gear: Basketballs, hoops, training aids, and accessories for players, coaches, and fans.
Training Equipment: Fitness accessories such as resistance bands, agility cones, foam rollers, and yoga
mats for home workouts and gym sessions.
STRENGTHS
The brand recognition of the product it’s well-reputed.
High-quality products.
Provides a diverse range of products (shoes, bags, shirts, perfumes, toiletries, etc.)
Obeys environmental laws (Adidas has never been accused of pollution)
Adidas’ policies and management safeguard employees’ rights.
WEAKNESSES
Online stores are offered only to the USA or some locations in Europe.
Customer services are not functional, which creates problems, especially in the case of e-marketing
Price is interwoven to high quality.
OPPORTUNITIES
Outsourcing web development and e-commerce/marketing to a third party is possible.
The growing market for sports apparel
Joint Venture with partners around the world to increase participation in athletics.
THREATS
Unstable economic environment
Competition at the supply chain management level
Nike’s strong reputation in the sports industry
ACQUISITION BY ADIDAS
Adidas acquired and sold several business units during the early 2000s:
Salomon: Sold in 2005, although TaylorMade was retained until 2017
Reebok: Acquired in 2006 and sold in 2021, although Rockport was sold in 2015
Five Ten: Acquired in 2011
In addition to sponsoring players of many sports and several sporting leagues, notable collaborations have
strengthened the brand’s cultural relevance:
2001 partnership with fashion designer Yuhji Yamamoto
2004 partnership with clothing designer Stella McCartney
2013 partnership with rapper and fashion designer Kanye West (until 2022)
2022 partnership with fashion designer Gucci
CHAPTER III
METHODOLOGY
3.1 RESEARCH DESIGN
The research design analysis of Adidas's CSR involves setting objectives, collecting secondary data from
sources like reports and databases.
Adidas has established a robust CSR strategy that underpins its commitment to responsible business
practices and social and environmental stewardship. The company's CSR strategy is guided by its core
values of integrity, innovation, and excellence, aiming to create positive impact while ensuring long-term
business sustainability.
Adidas's CSR strategy is structured around several key pillars:
Environmental Sustainability: Adidas prioritizes environmental sustainability by minimizing its carbon
footprint, conserving natural resources, and reducing waste throughout its operations. The company has set
ambitious targets to achieve carbon neutrality, increase renewable energy use, and eliminate single-use
plastics from its products and packaging.
Labor Rights and Supply Chain Transparency: Adidas is dedicated to upholding labour rights and
promoting ethical practices within its global supply chain. The company conducts rigorous supplier
assessments, audits, and training programs to ensure compliance with labour standards, fair wages, and safe
working conditions. Adidas also prioritizes transparency and accountability by publicly disclosing
information about its suppliers and manufacturing processes.
Community Engagement and Social Impact: Adidas engages with communities worldwide through
philanthropy, volunteerism, and social impact initiatives. The company supports programs that promote
education, health, and youth empowerment, particularly in underserved communities where it operates.
Adidas also partners with nonprofit organizations and local stakeholders to address social challenges and
create positive change.
Diversity, Equity, and Inclusion (DEI): Adidas is committed to fostering diversity, equity, and inclusion
within its workforce and across its value chain. The company promotes a culture of inclusion, respect, and
belonging, striving to create equal opportunities for all employees regardless of gender, race, ethnicity, or
background. Adidas also works to ensure diverse representation in its leadership positions and marketing
campaigns, reflecting the diverse communities it serves.
The project aims to inspire and mobilize individuals worldwide, including athletes, to take action in shaping
the future of the planet by addressing plastic pollution. Through collaboration with Parley for the Oceans,
Adidas seeks to lead the fight against plastic waste and drive significant change for environmental
sustainability. Adidas has joined forces with Parley for the Oceans in a mission to end plastic waste and
protect our planet's oceans. Through this collaboration, Adidas is empowering athletes and individuals
globally to make a meaningful difference in the fight against plastic pollution.
KEY COMPONENTS:
Inspiration and Mobilization: Adidas and Parley aim to inspire and mobilize an entire generation to take
action for the planet. By raising awareness and encouraging participation, the project aims to create a
collective movement towards environmental stewardship.
Empowering Athletes: Athletes worldwide are being empowered to leverage their platforms and influence
to drive positive change. Through partnerships with athletes, Adidas is amplifying the message of
sustainability and encouraging others to join the cause.
Call to Action: The project emphasizes the need for action from everyone, everywhere to combat plastic
waste effectively. By rallying individuals and communities worldwide, Adidas and Parley are working
towards creating tangible and lasting change.
Mission to End Plastic Waste: Adidas is committed to leading the fight against plastic waste. Through
innovative initiatives, sustainable practices, and collaborative efforts, the project aims to make significant
strides in reducing plastic pollution and preserving the health of our oceans.
IMPLEMENTATION STRATEGIES:
Awareness Campaigns: Launching global awareness campaigns to educate individuals about the impact of
plastic pollution and the importance of taking action.
Athlete Partnerships: Collaborating with athletes to promote sustainability initiatives, drive engagement,
and inspire their fan bases to participate in the movement.
Product Innovation: Developing sustainable products and materials, including shoes and apparel made
from recycled ocean plastic, to offer consumers eco-friendly options and support the mission to end plastic
waste.
Community Engagement: Facilitating community events, clean-up efforts, and initiatives to encourage
grassroots involvement in combating plastic pollution and promoting environmental conservation.
EXPECTED OUTCOMES:
Increased awareness and engagement among individuals worldwide in the fight against plastic waste.
Mobilization of athletes and communities to participate actively in sustainability initiatives and advocate
for environmental conservation.
Development of innovative products and solutions that contribute to reducing plastic pollution and
promoting circular economy practices.
Positive impact on the health of our oceans and ecosystems, leading towards a cleaner and more
sustainable future for generations to come.
2. T-REX CSR PROJECT BY ADIDAS:
The Textile Recycling Excellence (T-REX) project represents adidas's commitment to advancing corporate
social responsibility (CSR) efforts in the textile industry. T-REX is a collaborative initiative that brings
together 13 major actors from across the entire value chain under the leadership and coordination of adidas.
OBJECTIVE:
The primary objective of the T-REX project is to create a harmonized blueprint and business opportunities
for closed-loop sorting and recycling of household textile waste in the European Union (EU).
OBJECTIVE:
The primary objective of the Sorting for Circularity project is to develop a comprehensive framework and
set of guidelines for mapping the garment life cycle, capturing textile waste, and unlocking its recycling
potential.
Collaborative Partnership: Adidas collaborates closely with Fashion for Good to leverage expertise and
resources in developing sustainable solutions for the fashion industry.
Framework Development: The project focuses on creating a framework that enables the effective sorting
and recycling of textile waste. This framework encompasses various stages of the garment life cycle, from
production to end-of-life disposal.
Guideline Creation: Sorting for Circularity aims to establish practical guidelines and best practices for
stakeholders in the fashion value chain. These guidelines provide actionable insights for improving sorting
processes and maximizing the recyclability of textile materials.
Pilot Programs: The project includes pilot programs to test and refine sorting and recycling methodologies
in real-world settings. These pilot initiatives help validate the effectiveness of the proposed framework and
identify areas for optimization.
Knowledge Sharing: Sorting for Circularity facilitates knowledge sharing and collaboration among
industry stakeholders, including brands, manufacturers, recyclers, and innovators. By sharing insights and
lessons learned, the project accelerates progress toward circularity goals.
OBJECTIVE:
The primary objective of the 'Move for the Planet' project is to inspire people to incorporate sustainable
practices into their daily lives while promoting physical activity and well-being.
OBJECTIVE:
The primary objective of the 'Common Goal' project is to unite the football community and channel its
collective energy and resources towards addressing pressing social issues, such as inequality, poverty, and
lack of access to education.
1. SUSTAINABILITY
In 2023, Adidas reaffirmed its commitment to sustainability by focusing on key environmental impact areas
such as decarbonization, circularity, biodiversity, and water management. The company aimed to increase
the sustainability of its product lineup, with a target of 90% of articles defined as sustainable by 2025.
Additionally, Adidas pledged to achieve climate neutrality (CO2e) across its entire value chain by 2025 and
committed to a deforestation-free leather supply chain by 2030. The company evolved its approach to
circularity by engaging in cross-industry projects like 'T-REX' and 'Sorting for Circularity.' Adidas also
continued to address water efficiency and quality in its supply chain through an advanced chemical
management program and ambitious targets.
Employee and consumer engagement remained a priority for Adidas, with initiatives like 'Move for the
Planet' aimed at raising awareness for climate change. The company partnered with organizations like
'Common Goal' to engage communities in climate action through sport, demonstrating its commitment to
driving positive social and environmental impact.
Looking ahead, Adidas set ambitious targets for 2025 and beyond, including achieving climate neutrality
across its own operations and reducing GHG emissions across the entire value chain by 30% by 2030. The
company's efforts to reduce environmental impacts are underpinned by a commitment to data quality,
transparency, and collaboration with suppliers.
In 2023, Adidas also made significant progress in measuring and reducing its carbon footprint. The company
developed an in-house tool to measure the environmental footprint of its products, enabling greater
transparency and informed decision-making. Additionally, Adidas focused on decarbonizing its supply chain
by setting clear expectations for its strategic suppliers and supporting them in adopting renewable energy
sources and low-carbon technologies.
Through industry collaboration and strategic partnerships, Adidas is driving progress towards its
sustainability targets while contributing to a more sustainable future for the apparel industry and beyond.
OWN OPERATIONS:
Adidas is committed to reducing GHG emissions in its administrative offices, distribution centers, and retail
stores. Efforts include improving energy efficiency, implementing on-site renewable energy projects, and
sourcing renewable electricity. Notable achievements include increased data coverage, stable emissions
despite decreased energy consumption, and strategic renewable energy contracts.
RECYCLED POLYESTER:
Adidas is committed to replacing all virgin polyester with recycled polyester in its products by the end of
2024. In 2023, 99% of all polyester used was recycled, including 'parley ocean plastic,' contributing to
reducing ocean pollution.
CIRCULARITY:
Adidas pioneers’ circular products and services with initiatives like 'made to be remade' (mtbr) and repair
programs. Engagement in eu-funded projects and collaborations with organizations like fashion for good
demonstrate commitment to scaling circularity in the textile industry.
BIODIVERSITY:
Efforts to manage biodiversity risks include commitments to deforestation-free leather and natural rubber
sourcing. Initiatives to assess and address biodiversity impacts in the supply chain demonstrate proactive
approach to biodiversity conservation.
PACKAGING:
Adidas focuses on using sustainable packaging materials and optimizing packaging to reduce environmental
impact. Adoption of recycled content in paper-based packaging and ldpe polybags contributes to sustainable
packaging practices.
PRODUCT SAFETY:
Adidas prioritizes product safety through rigorous testing and adherence to restricted substances policies.
Contributions to industry standards and engagement in stakeholder consultations demonstrate commitment
to ensuring product safety.
KEY TARGETS FOR 2025 AND BEYOND:
1. Nine out of Ten Sustainable Articles: By 2025, nine out of ten articles produced by Adidas will be
sustainable. This entails using environmentally preferred materials to ensure significant environmental
benefits compared to conventional articles.
2. 15% Reduction in GHG Emissions per Product: By 2025, Adidas targets a 15% reduction in
greenhouse gas (GHG) emissions per product compared to 2017 levels. This reduction aligns with the
commitment to sustainability and environmental stewardship.
IMPLEMENTATION STRATEGIES:
1. Sustainable Product Innovation: Continuously innovate and expand the range of sustainable products
offered by Adidas to achieve the target of nine out of ten sustainable articles by 2025.
2. Supply Chain Collaboration: Collaborate closely with suppliers to promote environmental programs,
adopt innovative materials and technologies, and increase the use of renewable energy to reduce GHG
emissions across the value chain.
3. Energy Efficiency Measures: Implement energy efficiency measures within operations to reduce
carbon footprint and achieve climate neutrality by 2025.
4. Human Rights and Environmental Due Diligence: Expand the scope and application of Human
Rights and Environmental Due Diligence efforts to identify and address high-risk human rights issues
throughout the value chain by 2025.
5. Monitoring and Evaluation: Regular monitoring and evaluation of progress towards targets using key
performance indicators (KPIs) related to sustainability metrics, GHG emissions, and human rights due
diligence. Periodic reporting to stakeholders on progress, challenges, and achievements.
CHAPTER V
FINDINGS
FINDINGS
Adidas has made significant progress towards its sustainability targets, particularly in increasing the
number of sustainable articles in its product lineup and working towards climate neutrality across its
value chain by 2025. The commitment to achieving a deforestation-free leather supply chain by 2030
demonstrates a proactive approach to addressing biodiversity risks.
Adidas has taken proactive steps to promote circularity within the apparel industry through partnerships
and projects like 'T-REX' and 'Sorting for Circularity.' These initiatives aim to scale circular solutions
and promote recycling technologies, contributing to a more sustainable and resource-efficient value
chain.
Adidas has implemented advanced chemical management programs and set ambitious targets to improve
water efficiency and quality in its supply chain. These efforts reflect Adidas' commitment to addressing
water-related challenges and minimizing its environmental footprint.
Adidas has successfully engaged employees as sustainability ambassadors and connected with
consumers globally through initiatives like 'Move for the Planet' and partnerships with 'Common Goal.'
These initiatives not only raise awareness about climate change but also demonstrate Adidas'
commitment to using sport as a platform for social and environmental action.
Collaboration with suppliers is crucial for achieving sustainability targets, and Adidas has leveraged its
long-term relationships with suppliers to align with decarbonization goals and scale innovative materials
and circular business practices. This collaboration underscores the importance of stakeholder
engagement in driving sustainability initiatives.
While Adidas has made significant progress, challenges remain in achieving its sustainability targets,
including the need for continuous innovation, overcoming supply chain complexities, and addressing
potential trade-offs between sustainability and profitability. However, these challenges also present
opportunities for innovation, collaboration, and long-term value creation.
CHAPTER VI
CONCLUSION
CONCLUSION
In conclusion, the analysis of Adidas' sustainability initiatives reveals a comprehensive and proactive
approach towards addressing key environmental challenges. By focusing on decarbonization, circularity,
biodiversity, and water management, Adidas has demonstrated its commitment to driving positive
change and advancing sustainability within the apparel industry.
Adidas has made significant progress towards its sustainability targets, with notable achievements
including increasing the sustainability of its product lineup, working towards climate neutrality across its
value chain, and committing to a deforestation-free leather supply chain by 2030. These efforts reflect
Adidas' recognition of the urgent need to address environmental issues and its willingness to take bold
action to mitigate its environmental impact.
Furthermore, Adidas' engagement with employees and consumers as sustainability ambassadors has been
instrumental in raising awareness about climate change and driving collective action towards a more
sustainable future. Initiatives such as 'Move for the Planet' and partnerships with organizations like
'Common Goal' showcase Adidas' commitment to using sport as a platform for social and environmental
advocacy.
Collaboration with suppliers and stakeholders is crucial for achieving sustainability goals, and Adidas
has demonstrated its dedication to working closely with partners to scale innovative materials, recycling
technologies, and circular business practices. This collaborative approach underscores Adidas'
recognition of the interconnectedness of sustainability issues and the importance of collective action in
driving meaningful change.
While challenges remain, including the need for continuous innovation and overcoming supply chain
complexities, Adidas is well-positioned to build on its progress and continue leading the way in
sustainable practices within the apparel industry. By remaining committed to its sustainability targets,
fostering collaboration, and embracing opportunities for innovation, Adidas can drive positive
environmental impact while maintaining its position as a global leader in sports apparel.
https://en.wikipedia.org/wiki/Adidas
https://sdgs.un.org/goals
https://www.investopedia.com/terms/c/corp-social-responsibility.asp#:~:text=Key
%20Takeaways,positive%20brand%20image%20for%20companies.
https://www.adidas.co.in/help/company-information/csr-policy
https://www.adidas.co.in/help/company-information/csr-projects
Adidas Group (2023)-Sustainability Progress Report 2023
Adidas Group. (2023)- Annual Report 2023