YnFx is one of the world's premier and most trusted textile market intelligence platforms, with a mission to provide companies in global textile markets a competitive edge by delivering authentic and timely pricing data and high-value market analysis. Our commitment to specific climate targets and milestones allows us to align our business planning with the future we want to see the best performance imaginable on the cleanest planet Earth possible.. Greenwashing can have adverse consequences and this may be playing a role in their declining stock values. A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices. Their top 50 ranking in the Customer Loyalty Engagement Index is for companys that are perceived as authentically and resolutely green by their own customers. In 2016 the Small Business Administration (SBA) awarded Under Armour and CEO Kevin Plank SBA the first Hall of Champions award. This symbol is carried by a company or brand that has obtained a paid annual membership from Sustainable Choice. UA scored a low 29% Fashion Transparency Index (. .left-off-canvas-menu .google-search table{ That dedication drives us forward and keeps us thinking beyond. Under Armour will work towards all three goals by increasing its owned and operated facilities use of renewable electricity every year. They specifically proclaim that they are constantly enhancing their materials usage and design process in pursuit of cleaner and healthier environments. } Youre just a few steps away from building your brand profile. Since its founding in 1996, Under Armour has grown rapidly to become the leading challenger sportswear brand, with revenues of over $5bn. The 2021 Index list has Under Armour ranked at a remarkable low of 9 points. Our ratings are based on a scale from 1 (We avoid) to 5 (Great) How we rate. soccer bootid All rights reserved. It uses leather and wool. Even as an intern, I felt that my opinions and suggestions were given as much weight as those of full time teammates. Under Planks leadership, Under Armour has increased their efficient use of resources. Thus, in short, it keeps stock of environmental reporting. padding: 8px 4% !important; It uses few eco-friendly materials. Even though these guidelines include clauses on forced labor, Under Armour has been accused of using cotton derived from slave labor in Uzbekistan. Conventional cotton sourcing poses many environmental and ethical challenges which are outgrown by sustainable cotton. Under Armour VP and Chief Sustainability Officer, Michael Levine, said: We want Focused Performers, our teammates and our communities to thrive with clean air, water, and home fields. However, this is only the tip of the greenwashing iceberg. Ive also helped to create policy recommendations that better reflect our companys stance on key sustainability issues in our industry. The company got an average rating for its use of tax avoidance strategies.

} Sustainable Choice reserves the right to audit and substantiate the information published by verified members to uphold the integrity of the content on this site. Does this page represent your brand and you would like to manage it? workout The company has also joined sustainability organizations RE100, an initiative led by the Climate Group in partnership with CDP, to bring together the worlds most influential companies committed to 100% renewable electricity, and Business Ambition for 1.5C, a call to action from a global coalition of UN agencies, business and industry leaders urging companies to commit to set ambitious science-based emissions reduction targets, aligned with limiting global warming to 1.5C. border:0; In addition to this, UA has partnered with Conservation X Labs a Washington, DC-based innovation and technology company to launch the $650,000, Microfiber Innovation Challenge. -moz-box-sizing: content-box; As explained on the Under Armour website, Just like the athletes we serve, we always look to improve our performance.. The latter is accredited by the Responsible Down Standard. On the renewables front, the company has pledged to increase annual sourcing of renewable electricity in owned and operated facilities to 100% by 2030, with an interim goal of 80% by 2025. Under Armour also wins awards. ultraboost Please complete the form below and we'll be in touch. The company proudly proclaims that it has partnered with the Fair Labor Association (FLA) to support the efforts of third-party manufacturers to develop sustainable solutions (the overwhelming majority of their products are built by independent third party manufacturers). The company stated that its 2030 emissions goals have been approved by the Science Based Targets initiative (SBTi), a collaboration between CDP, World Resources Institute (WRI), the World Wide Fund for Nature (WWF), and the United Nations Global Compact (UNGC), with the goal to establish science-based environmental target setting as a standard corporate practice. It has announced the increase in hourly wages for retail workers to $15 in the US and Canada, to be effective from June 6. The 2020 list contains 77 of the largest cotton using international brands and retailers. FEMININITY IN TECHNOLOGY -Why We Need More Women In Tech. Aligning with SBTi (Science Based Targets initiative) and RE 100s criteria, these goals will help the athletic wear brand to achieve 100% renewable energy sources by 2030 and net-zero GHG emissions by 2050. As a result, more than 8,000 employees ~ 90% of its retail and distribution center workforce will see a compensation increase. Providing exceptional customer service is at the heart of everything we do, if youhave any questions, please don't hesitate to contact ourfriendly customer service team who would be happy to help. Founded in 2000, the CDP is a non-profit organization that runs an international disclosure network for companies, cities, investors, states, and regions to keep tabs on their environmental impacts.

Our support team is here to answer your questions via WhatsApp. They add they are working to upgrade their sustainable practices in their corporate, retail, logistics, and manufacturing operations. Use tab to navigate through the menu items. Well be in touch within 1 business day to confirm your details. SBTi is leading the initiative in collaboration with the UN Global Compact and the We Mean Business alliance. M. According to their website, the clothes and shoe manufacturer collaborates with a network of business partners to address some of the big sustainability challenges. The 2021 Index list has Under Armour ranked at a remarkable, launch the $650,000, Microfiber Innovation, Challenge. Plus be the first to find out about our new launches, sales and offers, Read our ratings of how sustainable and ethical various clothing brands are, FREE UK Standard Delivery on orders over 70 - 2-4 working days, 3.50 - Standard UK Delivery 2-4 working days, 4.50 - Hermes Express Delivery - 1-2 working days (Order before 5pm. Cotton is a commodity that is subject to price fluctuations and supply shortages. Were dedicated to not only making a better product, but a better world. They were named one of the top green brands for customer loyalty. Sign up to our newsletter to get the latest in ethical and sustainable fashion delivered straight to your inbox. The competition is dedicated to solving microplastic pollution by replacing plastic-derived textiles with non-toxic, biodegradable alternatives and/or developing improved textile manufacturing processes to decrease microfiber shedding. Learn on the go with our new app. Under Armours new environmental commitments include: This last goal is Under Armours pledge to Business Ambition for 1.5C Campaign, a global initiative led by SBTi, the UN Global Compact, and the We Mean Business coalition. On the labor front, while some of its supply chains are FLA credited, according to a report released in 2019 by Labour Behind The Label - a UK member of the Clean Clothes Campaign - there was no evidence that the sports apparel brand participated in ensuring the payment of a living wage to their workers in supply chains. source at least 80% of its energy from renewable sources, 2030: reach 100% renewable energy usage and reduce its absolute scope 1, 2 and 3 greenhouse gas emissions by 30% from their 2018 level, 2050: achieve net zero greenhouse gas emissions, Our commitment to specific climate targets and milestones allows us to align our business planning with the future we want to see, said Michael Levine, Under Armour VP and Chief Sustainability Office, in a, Under Armour agrees to develop sustainability plan, Focus on your business, not on what powers it, McDonald's 2021-2022 Purpose & Impact Reporting, Destination: Net Zero Moving the needle towards carbon neutral, Why Storage + is the Building Block of the Energy Transition, How to manage summer energy demand and spiking prices, Sustainability Strategy: Two Ways to Decarbonize Natural Gas. LevelC-LevelSVP / EVPDirector / VPManager / SupervisorMid or Entry LevelFreelance / ContractStudent / InternRetiredOther, FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsR & DProcurement & ContractingSupply Chain & DistributionSustainabilityStrategyTechnologyOther. The Scope 1 and 2 targets are in line with levels required to keep warming to 1.5C, SBTis most stringent category. .gsc-input-box .gsc-input{ Despite this general statement, there is a lack of evidence when it comes to sustainability. Under Armour received the E-label, because their website addresses only three out of 63 questions about their sustainability performance. There is also no evidence that the company is working towards any water reduction initiatives or textile waste reduction initiatives.

April 13, 2021. The annual report (2020) of UA Inc. claims the usage of chemicals and petroleum-based raw materials for their products; hence a lack of efforts to shift from traditional materials to more sustainable eco-friendly raws. VP and Chief Sustainability Officer of Under Armour, Michael Levine said that with clean air, water, and home fields, they want Focused Performers, their teammates, and the communities to flourish. This includes environmental reporting, toxic chemicals, cotton sourcing, and supply chain management.

.google-search table{ I wrote this blog post in response to what I often get asked: What do you do?. Thus, with a non-public disclosure rule, there is no evidence that these companies take initiatives to curb the problem at hand. improved textile manufacturing processes to decrease microfiber shedding. Excludes weekends and Bank holidays). Scope 2 houses indirect emissions from the generation of purchased electricity, steam, heating, and cooling consumed by a company.

Compared to its activewear rivals, UA makes a weak stand in its attempt at being green. You have successfully joined our newsletter group. Despite the lofty definition, Sustainability has some pretty amazing, tangible impacts at a company like Under Armour. } box-shadow: inset 0px 0px 0px 0px white; What I love about the Under Armour internship program, is that it empowers you to take ownership of your projects and not be afraid to innovate: Under Armours teams give interns an unusual amount of responsibility. Additionally, our footwear uses raw materials that are sourced from a diverse base of third-party suppliers. One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton. However, their environmental performance has been widely criticized. Sustainability at Under Armour is about creating related goals and targets, and then implementing initiatives in collaboration with teammates across the business. Enter your email address to subscribe to this blog and receive notifications of new posts by email. Disclaimer: The content above is not to defame any brand, company, stakeholder, or investor. We also use cotton in some of our apparel products as a blended fabric. Disclosing through CDP allows companies to build trust and credibility by benchmarking themselves against their peers in the race towards sustainable consumption. Sustainability in a corporate setting is about creating a value-driven company that incorporates what we call the triple bottom line, a business philosophy that measures progress not just by financial growth, but also by environmental quality and social wellness. Under Armour says it sees environmental and social sustainability as a journey. Mainstream major brands like UA must meet standards to ensure and lead their peers in the clean, green race towards a better world. Claim this page. Moreover, the company does not publish a full list of its suppliers or comprehensive information regarding its labour welfare. padding: 11px 27px; While sustainability focused competitors like Nike are enjoying strong sales from their footware division Under Armour is falling short. Thanks for requesting a brand. Under Armour under-performed all of its competitors including Nike, Puma, Adidas, Reebok, New Balace, Hanwag, Mammut, engelbert strauss, KangaROOS, Ellesse, Helly Hansen, Timberland and Volcom. Thats why were working to fix the problems athletes dont even know they have in the most ethical, efficient, and sustainable ways we can. We'll let them know there's people looking for them. There is no evidence it has a policy to minimise the suffering of animals. The World Wildlife Fund (WWF), Solidaridad, and the Pesticide Action Network (PAN) UK annually releases the Sustainable Cotton Ranking list. Under Armour does track some of its animal product usage from the first stage of development and manufacturing. The SBTi establishes and encourages best practices in science-based target selection, as well as evaluating and approving corporate carbon reduction goals. By incorporating REPREVE (Unifis recycled fiber), UA has recycled the equivalent of 69 million bottles, offsetting the use of petroleum to produce virgin fiber. Sustainable economic systems are focused on sustainable development rather than economic growth. Sustainable Choice acknowledges the Australian Aboriginal and Torres Strait Islander peoples as the traditional custodians of the lands where we live, learn and create. If you continue to use this site we will assume that you are happy with it. There is no information about gender equality, forced labour, or freedom of association. I understand that I will be contacted by Sustainable Choice with relevant information and I agree to the site, Id like to receive interesting updates from Sustainable Choice and agree to these. Although Under Armour has been criticized for its failure to provide sustainability metrics it does appear to be moving in the right direction. .google-search input{ Its the only one weve got and were going to protect it. They also state that sustainability is integral to their strategy and directly related to the companys core values. We work with ReBOUND to offer you several options to return your item to us to make it as easy and convenient as possible. Amerian apparel & footwear company, Under Armour, revealed three commitments to reduce the environmental effects of its activities as part of its vision to protect the earth for future generations of Focused Performers.

Choosing a selection results in a full page refresh. Transparency is one of the most abundantly requested values by customers and investors from brands. Our verified members have entered into a legally binding agreement to publish honest, transparent and current information at all times. In terms of materials, Under Armour does not use fur or exotic animal skin in its products, it does use leather, wool, and down. This information was sourced from https://about.underarmour.com/community/sustainability and is accurate as of 16/04/2021. The World Wildlife Fund (WWF), Solidaridad, and the Pesticide Action Network (PAN) UK annually releases the Sustainable Cotton Ranking list. Perhaps most interesting to me was using this research to identify current and future best practices across the industry. These Two Things Cause Athletic Burnout, New Study Suggests, Top 5 Sustainable Activewear Brands at The Sports Edit, Best Yoga Leggings and Yoga Pants 2022 Guide, Earn points towards free products, discounts & more, Feefo Platinum Trusted Service Award 2021. The activewear titan has taken up initiatives towards unknotting the harm it has bestowed, yet ages behind in responding to all the negative impacts it is culminating on a daily basis. All rights reserved. While renewable energy is widely touted as the future of energy, nuclear poweris increasingly being discussed as a necessary part 2021 Copyright The Green Market Oracle. And the last one- as a commitment to the Industry Ambition for 1.5C Campaign, which is supported by a national alliance of UN leaders, companies, and NGOs, achieving net-zero greenhouse gas emissions by 2050. Ive organized cross-business unit meetings that brought teams together to implement new sustainable materials manufacturing technologies. However, as of now, we have seen no evidence to suggest it is taking such steps. margin: 10px auto; It traces some animal products to the first stage of production. Despite harsh assessments, UA was named as one of Unifi Incs REPREVE Champions Of Sustainability (2020). This is made worse by their unsubstantiated claims. They also claim to work closely with their suppliers to ensure adherence to the guidelines contained in their Supplier Code of Conduct. The Clean Clothes Campaign is a global alliance dedicated to empowering workers within the garment and sportswear industries and improving their working conditions. Under Armour revealed three basic commitments to reduce its negative environmental impacts as a promise to a greener future. Thereby, Under Armour's tiny steps need to become strides in the long run and divert its actions towards attaining, ; though only time can verify the gap between promises and implementation. As reviewed in a Forbes article by Sarah Halzack, Under Armours blockbuster growth is slowing. Its animal rating is 'not good enough'. This summer I worked on the Sustainability team at Under Armour. Nike came in first in the environmental dimension with 20 points followed by Puma (19), Adidas (14) and Lululemon (10). One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries. The CDP, the United Nations Global Compact, the World Resources Institute (WRI), and the World Wide Fund for Nature collaborated on the Science-Based Targets initiative (WWF). They will sync their business planning with the world they want to achieve the highest performance possible on the cleanest planet Earth possible and they've committed to clear climate goals and milestones. Were dedicated not only to making a better product, but also a better worldand to keep getting better ourselves. Companies/ Energy Transition/ Environment, Mark Segal Focus on your business, not on what powers it from Smart Energy Decisions on Vimeo. Similarly, the company does not provide any evidence that it is attempting to decrease or avoid using any hazardous chemicals. What are the different economic systems and what is a sustainable economy? margin: 0;

The 2020 list contains 77 of the largest cotton using international brands and retailers. resolve to include social, environmental, health, safety and corporate responsibility. line-height: 1rem; As Under Armour joins RE100, it announced three commitments to reduce its environmental impact. As yet the company uses few eco-friendly materials in its product line. Discover the best styles and everything you need to know about ethical and sustainable fashion. The SBTi is being used by over 1,200 businesses around the world. It boosts accountability and trust in the brands thus aiding informed and ethical decisions on their end. The BoF Sustainability Index aims to create a transparent and trusted benchmark to track clearly defined, measurable progress towards achieving sustainability goals in the fashion industry. Baltimore based Under Armour, Inc. is a sports apparel manufacturer that makes a number of bold claims about their commitment to sustainability. }

Under Armour came in a distant last with only 4 points. According to RankaBrand Under Armour gets a dont buy or E grade on sustainability. .google-search{ UA Inc.'s sustainability. height: 16px !important; For instance, in-licensed products. Under Armours website makes audacious claims starting with the well worn clich that sustainability is woven into the companys DNA. .cse .gsc-search-button input.gsc-search-button-v2, input.gsc-search-button-v2{ The report also states that third-party manufacturers have varying sustainability and so the company regularly addresses issues in the chain, even those that arent systemic or reported. However, what little they are doing on the sustainability front is far outweighed by what they have yet to do. The sportswear brand is also taking up initiatives to improve work conditions. This exhibits a prominent dearth of interest and responsibility toward environmental sustainability. Levine says that they're committed to creating not only a quality product but a better future as well. form.gsc-search-box, table.gsc-search-box{ In this way we can better serve this triple bottom line, ensuring sustainable growth and a better world for future generations. But their impact is being widely criticized. .gsc-search-box{ Good On You, a trusted social enterprise - created by the charity Ethical Consumers Australia - that rates ethical sustainable fashion, marks Under Armour overall as Not good enough, back in September last year. There is no evidence it ensures payment of a living wage in its supply chain. We have over 21 years of experience in providing pricing information, news, analysis, and customized reports on various textile value chains to several stakeholders. The brand may publish information about audits and supplier policies. In 2020, Fashion Revolution reviewed and ranked 250 of the global fashion giants. This planet is our home field. Types of Economies and their Implications for Sustainability, Environmental Implications of Three Types of Economies: Brown, Blue and Green, The 10 Colors of the Economy and Sustainable Development Goals, Why Trump Does Not Want a Science Advisor, Fact Check Reveals Nuclear Energy is Safe and Clean but not Renewable. Consider the example of Amadeus a sustainability focused company who is keeping investors happy with strong returns. While some of the Under Armour supply chain is certified by the FLA Workplace Code of Conduct, there are some gaps. It uses down certified by the Responsible Down Standard. -moz-box-sizing: content-box; } The SBTi establishes and encourages research-focused target selection, evaluation, and approval of corporate carbon reduction goals. Companies that measure their environmental risk are better able to manage it strategically. It has set a science-based target to reduce greenhouse gas emissions generated from its own operations and supply chain but there is no evidence it is on track to meet its target. padding: 0; background: transparent; Suggest an edit. In June 2016 Ethical Consumer gave Under Armour the Worst Ethical Consumer rating on their measures of sustainability. 2021 by Colourful In Grey. It discloses some policies and safeguards to protect suppliers and workers in its supply chain from the impacts of COVID-19. Under Armour. } Its name refers to the 2015 Paris Climate Agreements aim to keep global warming at or under 1.5C.

Under Armour will offer feedback on progress toward these climate targets and will continue to look at ways to collaborate with other climate change innovators and leaders in the development of long-term industry solutions. Back in 2015, a report from Rainforest Action Network (RAN) highlighted Under Armour as one of the brands that need to take responsibility for their supply chains and protect forests.

As they claim on their website, sustainability is not just about who we are now it is about who we will be. In September 2015, the UN members agreed to work with an integrated front to secure the multifaceted agenda of a green sustainable Earth. Plank has also been a forthright advocate of inclusiveness. Scope 3 includes all other indirect emissions that occur within the companys value chain. At Under Armour, sustainability drives performance through innovation. Conversely, Under Armours failure to provide sustainability metrics may have contributed to the poor performance of its stock. achieve net zero greenhouse gas emissions by 2050 as a pledge to Business Ambition for 1.5C Campaign, to keep warming to 1.5C. This project was fascinating for me; I was able to combine my background in academic experience with my research at Under Armour to create a library of information that my team will be able to use to inform future strategic decisions. UA received a relatively low 29% score on the latest Fashion Transparency Index (Nike is 55%, adidas 69%). FTI assesses brands and retailers based on these key areas: The BOF Sustainability Index list is released by the Business of Fashion (BOF) publication as a stage to track fashion big bodies and their efforts to meet the social and environmental targets of the Paris climate agreement and UN SDGs. This announcement coincides with Under Armour's participation in RE100. margin-bottom:0; Contact us. Based on the companies website and reports the SSC evaluates a companys sustainability. This page has not been claimed, do you represent this business? There is no evidence it has taken meaningful action to reduce or eliminate hazardous chemicals. .gsc-input-box{

Under Armour commits to convert all electricity consumption in owned and run facilities to 100 percent renewable energies by 2030, and to reach net-zero greenhouse gas (GHG) emissions by 2050, when climate change becomes a central focal point of its corporate sustainability activities. box-sizing: content-box; Under Armour's science-based goal has been reduced in scope 1 and 2, which is in line with the thresholds needed to avoid global warming below 1.5C, as set out in the 2015 Paris Climate Agreement. The fabrics used by our suppliers and manufacturers are primarily synthetic and involve raw materials, including petroleum-based products that may be subject to price fluctuations and shortages. Looking to sign up your business? Commercial, GHG Emissions, Sourcing Renewables - April 20, 2021. Our memberships team have received your request and were busy getting you set up in the background. The new CEO has made sustainability one of the brands new core values, so we are intrigued to see what impact he has, but UA has a long way to go to match the steps adidas and Nike have taken in this area. Thank you for taking time off to read. Ask us anything! background:transparent; Thereby, they adopted a planned roadmap consisting of 17 Sustainable Development Goals, SDGs, and 169 accompanying targets to help benchmark progress in their respective attainment. We will be transparent about the challenges we must tackle and plan to partner with others to explore innovative approaches to mitigating environmental impacts.. Unlike Nike and Puma, Under Armour made no mention of land use or biodiversity. FunctionAccounting & FinanceBusiness Development & SalesCustomer SupportFacilitiesHR & TalentInvestingLegalMarketing & CommunicationsOperationsProcurement & ContractingR & DStrategySupply Chain & DistributionSustainabilityTechnologyOther, ESG investing news, analysis, research and information. Their policies, actual uptake of more sustainable cotton, and transparency in their supply chains are reviewed. If Under Armour is to turn their commitments into reality they better get busy soon or they risk getting left behind. Thereby, Under Armour's tiny steps need to become strides in the long run and divert its actions towards attaining sustainability; though only time can verify the gap between promises and implementation. There is no evidence it has a policy to minimise the impacts of microplastics. In 2019, the Carbon Disclosure Project (CDP) reported that 54% of textile and apparel companies (UA included) held back crucial environment-related info requested by investors or purchasers. It is a generalized opinion on the brands' performance and sustainability levels. Under Armour claimed it joined the Sustainable Apparel Coalition (SAC) as part of their efforts to minimize their environmental impacts throughout their supply chain. } These goals are in line with the SBTi science-based standards and the RE100. Copyright 2020 Yarns and Fibers (YnFx). ESG Investing, sustainable finance & business sustainability news, Under Armour Sets Emissions Reduction, Renewable Energy Goals, Sprite Ends Use of Green Bottles to Boost Green Packaging, BP, Iberdrola Join Forces on EV Charging, Green Hydrogen, Sobeys Parent Empire Commits to Net Zero Goals, Sustainable Bond Volumes Outperform Broader Market to Reach Record Share: Moodys, Iberdrola Signs $550 Million Green Loan with EIB to Fund Wind & Solar Projects, PepsiCo Issues $1.25 Billion Green Bond to Fund Ag and Value Chain Sustainability Projects, OPG Issues $300M Nuclear Green Bond, Last Minute US Senate Deal Set to Unlock $370 Billion for Climate Action, Australia Moves to Enshrine Climate Targets into Law, Biden Calls Climate Change an Emergency, Considers Use of Executive Powers to Take Action, UK Greenlights 8 GW of Offshore Wind Projects.



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