ASICS PUTS MENTAL AND PHYSICAL WELL-BEING TOP OF ITS SUSTAINABILITY AGENDA

With the release of its 2023 sustainability report on 24th June 2024, ASICS reveals how prioritizing mental and physical well-being is helping to drive its sustainability agenda across a range of material topics from supply chains to climate action. Key examples include:

• Raising awareness of the global gender gap in exercise
• Bringing to market the world’s lightest CO2e emissions sneaker
• Inspiring 50,000 people to join the Run for Reforestation challenge
• Earning recognition from KnowTheChain for mitigating the risk of forced labor
• Reducing CO2e by 29.8% in direct operations and 21.6% in the supply chain

Mental and physical well-being have long been part of the culture at ASICS, a company with a 75-year history. The company name originates from its founding philosophy Anima Sana In Corpore Sano, meaning A Sound Mind In A Sound Body. Yasuhito Hirota, Chairman and CEO of ASICS, said, “This report is the latest chapter of our sustainability story, highlighting the actions we have taken to promote well-being and understand the science behind it, while minimizing our impact on the planet.”

Against a background of economic uncertainty and a decline in mental well-being, ASICS has decided that its unique social value lies in its ability to get people moving. Key to this is ASICS’ transformation from a product-focused company into one that supports “the lifetime athlete in all of us” through its Runkeeper™ fitness-tracking app and its OneASICS membership program. The company dramatically exceeded its 2023 target of 5 million OneASICS members to reach a total of 9.45 million last year.

Key initiatives highlighted in ASICS’ 2023 sustainability report include:

The global gender gap in exercise

ASICS has been contributing to the science of well-being with its ‘State of Mind’ studies. In 2023, ASICS partnered with Dr Dee Dlugonski at the University of Kentucky in the USA and Associate Professor Brendon Stubbs at King’s College London on ‘Move Every Mind’ – one of the largest global studies conducted on the gender exercise gap. Responses from 24,772 people in 40 countries revealed that women who exercise regularly are 52% happier, 50% more energized, 48% more confident, 67% less stressed and 80% less frustrated. ¹

The world’s lightest CO2e emissions sneaker ²

New ASICS products are enabling consumers to make more sustainable choices about what to wear on their feet. The GEL-LYTE™ III CM 1.95 – the world’s lightest CO2e sneaker ²– was made available to consumers in 2023, following a ten-year development process and building on ASICS’ past collaboration with MIT to establish a life-cycle assessment of running shoes.

Running for Reforestation

In April 2023, ASICS launched the Run for Reforestation challenge in partnership with One Tree Planted. The target was to get 25,000 users of the ASICS Runkeeper™ app to log a 5K run or walk, with each successful completion resulting in the planting of one tree. The challenge was a huge success with over 50,000 completions globally helping ASICS plant 50,000 trees, mainly in Indonesia. ³

Safe and ethical working conditions for all

ASICS also prioritizes the well-being of workers in its global supply chains and has ramped up due diligence to ensure that over 99% of its Tier 1 supplier factories meet global sustainability standards. KnowTheChain’s 2023 Footwear & Apparel Benchmark Report identified ASICS as one of two notably improving companies in Asia for mitigating the risk of forced labor. It ranked ASICS 12th out of 65 global companies, an improvement of four places since the last assessment in 2021.⁴

Direct and indirect CO2e emissions down significantly since 2015

ASICS is committed to achieving net-zero by 2050. In 2023, it recorded a 29.8% CO2e reduction in its direct operations and 21.6% reduction in its supply chain from a 2015 baseline. Under ASICS’ green procurement policy, this year 80% of its major strategic suppliers have set and disclosed a 1.5°C reduction target, while 90% have concrete renewable energy sourcing plans.⁵

ASICS’ full 2023 sustainability report can be found at:

https://corp.asics.com/en/csr/csr_reporting

For further details on ASICS’ sustainability activities, please visit:

https://corp.asics.com/en/csr

ASICS’ 2023 sustainability report is structured according to the GRI Standard sustainability reporting guidelines. The Company’s separate GRI Index table will be published online in June 2023.