internal sustainability standard, by using more sustainable materials such as recycled polyester, as well as ensuring its suppliers develop more sustainable materials and products." Puma is also known for boosting positive environmental practices in its supply chain through financial incentives. The supply chain finance scheme implemented links the sustainability performance of key suppliers to the costs at which they can access finance. The system won the company an "Innovation Award" in Supply Chain Finance in 2016. See also List of Puma sponsorships References Bibliography External links 1980s fashion 1990s fashion 2000s fashion 2010s fashion 1980s initial public offerings Athletic shoe brands Clothing brands of Germany Clothing companies established in 1924 Companies in the MDAX Companies based in Bavaria Companies based in Herzogenaurach Companies listed on the Frankfurt Stock Exchange German companies established in 1924 Multinational companies headquartered in Germany Shoe companies of Germany Skateboard shoe companies Sporting goods manufacturers of Germany Sportswear brands Swimwear manufacturers