Annual Report 2025

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Results

Model wearing an adidas jacket on a runway. (Photo)
ESRS 2

General Disclosures

For the year 2025, we report for the second time in accordance with the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS), providing transparent and comparable sustainability information that goes beyond mandatory requirements.

For this reporting period, the material topics on which we report remained the same compared to the previous year. Our double materiality assessment remains valid, ensuring consistency and comparability over time.

SBM-1 – Overview of adidas’ value chain stages

Upstream

Production by independent manufacturing partners

Own operations

Design, development, marketing, distribution, direct-to-consumer sales, and support functions

Downstream

Sales through wholesale partners to consumers, and use and disposal of products

IRO-1 – Material impacts in our value chain

Environmental

Material environmental impacts occur mainly in the upstream value chain. We have established teams that work in close collaboration with our independent manufacturing partners to manage material impacts, e.g., GHG emissions, water, biodiversity, waste, and use of chemicals.

Social

Material social impacts occur at every stage of the value chain and relate to the workers of independent manufacturing partners, our own employees, and our consumers. We have established teams and functions that manage material impacts, such as the Social & Environmental Affairs team to manage human rights and working conditions in the supply chain, the HR function to manage topics related to our own workforce, and the Marketing and Sales functions to manage consumer interests.

Governance

Material governance-related impacts, such as compliance and corporate culture topics are managed by the Legal function, i.e., the Compliance team together with HR.

Environment

Two runners trail running in a mountainous landscape. (Photo) ESRS E1

Climate Change

ESRS E1
Basketball player dribbling a ball in an adidas outfit. (Photo) ESRS E2

Pollution

ESRS E2
Runner wearing adidas shoes on a forest trail. (Photo) ESRS E3

Water and marine resources

ESRS E3
Person wearing white adidas sneakers in an urban setting. (Photo) ESRS E4

Biodiversity and ecosystems

ESRS E4
Close-up of a wet adidas running shoe. (Photo) ESRS E5

Resource use and circular economy

ESRS E5

Social

Young adults sitting together wearing adidas sportswear. (Photo) ESRS S1

Own workforce

ESRS S1
Group of young people wearing adidas outfits outdoors. (Photo) ESRS S2

Workers in the value chain

ESRS S2
Neon adidas football boots in motion. (Photo) ESRS S3

Affected communities

ESRS S3
Running group training at night in adidas running apparel. (Photo) ESRS S4

Consumers and end-users

ESRS S4

Governance

People doing functional training wearing neon adidas shoes. (Photo) ESRS G1

Governance

ESRS G1