Adidas AG 2020 AR2
The report outlines adidas' financial and non-financial performance for the 2020 fiscal year, which was heavily impacted by the COVID-19 pandemic. Despite a 14% currency-neutral revenue decline, the company achieved exceptional e-commerce growth of 53%, exceeding €4 billion for the first time. adidas continued its strong commitment to sustainability, producing over 15 million pairs of shoes containing Parley Ocean Plastic and reaching 71% recycled polyester usage. Additionally, the company launched its new five-year strategy, 'Own the Game,' and initiated a formal process to divest the Reebok brand.
Company: Adidas AG
Sector: Manufacturing
Country: Germany
Year: 2020
Type: AR2
Pages: 316
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Adidas AG
Annual Report
The report outlines adidas' financial and non-financial performance for the 2020 fiscal year, which was heavily impacted by the COVID-19 pandemic. Despite a 14% currency-neutral revenue decline, the company achieved exceptional e-commerce growth of 53%, exceeding €4 billion for the first time. adidas continued its strong commitment to sustainability, producing over 15 million pairs of shoes containing Parley Ocean Plastic and reaching 71% recycled polyester usage. Additionally, the company launched its new five-year strategy, 'Own the Game,' and initiated a formal process to divest the Reebok brand.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Feb 22, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Net Zero Target
Employees