On releases its 2021 Impact Progress Report
On Holding AG released its 2021 Impact Progress Report, providing a comprehensive view of its approach to, and progress on its sustainability indicatives across the company.
Zurich, Switzerland, 29 August 2022 — On Holding AG (NYSE: ONON) (“On,” “On Holding AG,” the “Company,” “we,” “our,” “ours,” or “us”), released its 2021 Impact Progress Report, providing a comprehensive view of its approach to, and progress on its sustainability indicatives across the company.
Caspar Coppetti, Co-Founder and Executive Co-Chairman of On, said: “We envision a future where every On product is fossil-free, and is returned to us so that the materials can be reused, recycled or repurposed. We have made it our environmental mission to make high-performance products with the lowest possible footprint, that are also engineered for circularity. Our approach is to discover, apply, scale and do it fast, working with the right partners in a team approach to accelerate results. We are constantly lowering our footprint through smarter design, as well as applying low-impact materials and manufacturing processes. Just a few weeks ago, our very first community of Cyclon subscribers in the US received their first subscription-based and fully recyclable shoe, the Cloudneo. This very special launch provided a further step towards our sustainability mission, and we are looking forward to sharing many more innovations in the future. On Social Impact, we strive to make diversity and inclusion second nature; a habit infused in the way we live, which positively impacts the world around us.”
Key highlights in the priority areas include:
- On is taking big strides on its sustainability mission, having delivered the first fully recyclable subscription-based running shoe to early subscribers of On’s Cyclon program.
- On is on target to reach its goal by 2030 to reduce its emissions per unit of value-added in scope 3 by 55%, which account for 99% of On’s total impact.
- On constantly increases the use of recycled materials. At the end of 2021, 53% of the polyester and 63% of the polyamide used was recycled, and 95% of the cotton used was organic, recycled or petrol-free.
- On partners with Carbios and other industry partners to accelerate the introduction of a new fiber-to-fiber technology for textiles. In addition, On joined the Sustainable Apparel Coalition to collaborate with like-minded brands, and to streamline requests to suppliers using industry-common tools such as the Higg Facility Environment Module.
- On launched Right to run in 2021, a social impact partnerships program bringing together grassroots communities and organizations making an impact in the realms of safety, access, awareness, and inclusion, in running and movement. On is now partner with 17 organizations globally and has reached 43,000 community members, aiming to 100,000 by the end of 2022.
On’s full year 2021 Impact Progress Report is available for download here.
Check out the On RIA Foundation Member profile here .