CSR Minute: Puma Conducts "EP&L"; Nov 30 Application Deadline for 4th Justmeans Social Innovation Awards

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CSR Minute: Puma Conducts "EP&L"; Nov 30 Application Deadline for 4th Justmeans Social Innovation Awards

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Summary

The CSR Minute is your daily video digest of the most relevant Corporate Social Responsibility news of the day. Our team of 3BL Media correspondents tracks the global world of corporate social responsibility to bring you coverage of the most important announcements, initiatives, issues, trends, ideas, and breaking news.

Tuesday, November 22, 2011 - 10:25am

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CONTENT: Press Release

Puma has conducted its first environmental profit and loss accounting, an “EP&L.” The economic costs of its environmental impact for 2010 have been independently valued at 124 million British pounds, over $194 million. As a result, the company has begun to make changes in its business practices. By substituting a bag for the traditional shoe box, Puma reduced its water usage by one million liters and its paper use by 8,500 tons. The PPR Group, Puma’s parent company, will be implementing a group EP& L by 2015 for all its brands, including Gucci, Stella McCartney, Yves Saint Laurent, and others.

Applications for the 4th Annual Justmeans Social Innovation Awards are being accepted through Wednesday, November 30th. SIA recognizes companies and organizations that are implementing groundbreaking strategies and programs that drive social and environmental innovation and responsibility. Last year, 40 percent of the Fortune 100 and numerous leading nonprofit organizations participated in this award program.
 
For more information on these and other stories, go to thecsrminute.com
 
Keywords: 3bl Media | CSR | CSR Minute | Corporate Social Responsibility | Justmeans | Packaging | Sustainability | environment | news | nonprofit

CAMPAIGN: The CSR Minute

CONTENT: Press Release

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