ANALYSIS OF PUMA SUSTANABILITY REPORT 2015

BASED ON GRI G4 GUIDELINES

(to fullfil the Social Responsibility Accountings Final Examination)

Name : Hadyan Luthfi S

NIM : 145020300111028

Class : CC

Accounting Department

Economic and Buisness Faculty

University of Brawijaya

Malang

2016
 1. Sustainabiity report yang dipilih sesuai dengan GRI versi G-4

Puma Sustainability Report 2014

2. Analisis komprehensif serta komentar mengenai Sustainability Report tersebut

GRI INDICATORS COMPANY REPORT

PAGE
NO GRI ANALYSIS
GRI DESC REPORT DESC NUMB
INDEX
ER
1. G4-1 Provide a statement from In order to accelerate our pace in line with our company slogan 5 Company Fully applied with GRI-G4
the most senior decision- "Forever fast," we define target areas for a period of ten
maker of the organization
(such as CEO, chair, or
equivalent senior
position) about the
relevance of
sustainability to the
organization and the
organizations strategy
for addressing
sustainability.
2. G4-2 Provide a description of Our forward to 2020 ("10FOR20"), which consists of a variety of 41 42 Company Fully applied with GRI-G4
key impacts, risks, and topics, including human rights, corporate governance and health and
opportunities. safety problems.
3. G4-3 Report the name of the PUMA SE 184 Company Fully applied with GRI-G4
organization
4. G4-4 Report the primary Our internal reporting activities are based in the region (EMEA, 4 Perusahaan Fully applied sesuai
brands, products, and Americas and Asia / Pacific) and products (footwear, apparel and dengan GRI-G4, and services
services. accessories). A detailed description of the various segments can
be found in paragraph 25 of the Notes to Consolidated Financial
Statements.
5. G4-5 Report the location of the PUMA registered office of the Group is located in 110 Company Fully applied with GRI-G4
organizations Herzogenaurach, Germany. We trade under the name of PUMA
headquarters SE
6. G4-6 Report the number of During the financial year 2015, World Cat Ltd. cooperates with 82 Company Fully applied with GRI-G4
countries where the 189 suppliers in 32 countries. Strategic cooperation with long-
organization operates, term partner is one of the key competitive advantage in 2015,
and names of countries ensuring stable procurement in volatile market conditions. The
where either the geographic focus of production
organization has sites are located in China as the country's primary source has
significant operations or been shifted slightly to Southeast Asia.
that are specifically
relevant to the
sustainability topics
covered in the report.
7. G4-7 Report the nature of According to a notification dated August 3, 2011 in accordance 112 Company Fully applied with GRI-G4
ownership and legal with Article 21 and 22 of the German Securities Trading Act
form. (WpHG)
on this date Tuan. Joseph Franois-Henri Pinault (member
Administrative Board) and Jean Franois-Henri Pinault
indirectly held 75.12% (11,330,446 voting rights) of the voting
rights in PUMA SE, of which 1.15% of the voting rights (173,377
voting rights) are treasury stock PUMA SE.
8. G4-8 Report the markets 82 Company Fully applied with GRI-G4
served (including Developed countries continue to record moderate performance
geographic breakdown, overall, although there are significant differences between
sectors served, and types individual countries and regions. For example, the United States
of customers and (+ 2.5%) and the UK (+ 2.4%) again reported the strongest
beneficiaries). growth, while the Euro zone saw only a slight increase of 1.5%
of gross domestic product, and unemployment remains high.
After the contract in
previous year (-0.1%), Japan's economy returned to growth
with a slight increase of 0.7%.
 In emerging markets, the economic expansion of recent weak.
Meanwhile in
China, the indicators point to the dampening of growth (6.8% vs
7.4% in 2014), the recession worsened in Russia and Brazil.
According to IFW, the economies of both countries will contract
by 3.8% and 3.6%, respectively, in 2015.

9. G4-9 Report the scale of the 86 Company Fully applied with GRI-G4
organization, including:
Total number of
employees
Total number of
operations
Net sales (for
private sector
organizations) or
net revenues (for
public sector
organizations)
Total
capitalization
broken down in
terms of debt and
equity (for private
sector
organizations)
Quantity of
products or
services provided
10. G4-10 Report the total In 2015 the annual average number of employees worldwide was 84 Company Fully applied with GRI-G4
number of 10 988 compared with 10 830 the previous year. The increase
was primarily related to a higher number than the company's own
 employees by retail stores.
employment
contract and
gender.
Report the total
number of
permanent
employees by
employment type
and gender.
Report the total
workforce by
employees and
supervised
workers and by
gender.
Report the total
workforce by
region and
gender.
Report whether a
substantial
portion of the
organizations
work is
performed by
workers who are
legally
recognized as
self-employed, or
by individuals
other than
 employees or
supervised
workers,
including
employees and
supervised
employees of
contractors.
Report any
significant
variations in
employment
numbers (such as
seasonal
variations in
employment in
the tourism or
agricultural
industries).
11. G4-11 Report the percentage of We want our employees to enjoy a work environment that is 69 Company Fully applied with GRI-G4
total employees covered attractive and inviting, as we believe this supports good working
by collective bargaining environment and generate commitment and loyalty. Our goal is
agreements to minimize the number of employees were to be initiated and to
keep the percentage of employees in permanent
working above 80%
12. G4-12 Describe the Acknowledging that we have primarily focused on 52 Company Fully applied with GRI-G4
organizations supply environmental targets within our own spheres of influence to the
chain period of 2010 - 2015, we now have balanced this by adding
health and safety, human rights and target the government for
2020 and shifting our focus more deeply into the chain supply
13. G4-13 Report any significant PUMA is one of the leading sports brands in the world, 79 Company Fully applied with GRI-G4
changes during the designing, developing, selling and marketing of footwear,
 reporting period apparel and accessories. For more than 65 years, PUMA has been
regarding the producing the most innovative products for the fastest athletes on
organizations size, the planet. PUMA offer a product performance and sports-
structure, ownership, or inspired lifestyle in categories such as Football, Running and
its supply chain, Training, Golf, and Motorsports. PUMA engaged in an exciting
including: collaboration with well-known brands such as Alexander
Changes in the location McQueen designs and designers like BWGH (Brooklyn We Go
of, or changes in, Hard) and Vashtie to bring innovative designs and quickly to the
operations, including world of sport. The PUMA Group owns the brands PUMA and
facility openings, COBRA Golf and its subsidiaries Dobotex. PUMA distributes
closings, and expansions products in more than 120 countries and employs more than
Changes in the share 11,000 people worldwide.
capital structure and
other capital formation,
maintenance, and
alteration operations (for
private sector
organizations)
Changes in the location
of suppliers, the structure
of the supply chain, or in
relationships with
suppliers, including
selection and termination

14. G4-14 Report whether and how We have a chance to make a free sustainability of competition in 46 Company Fully applied with GRI-G4
the precautionary order to create amazing tools together, which helps us to measure
approach or principle is the social and environmental performance, even at the level of
addressed by the production. Transparency is only a matter of time. The more we
organization do this voluntarily and see the benefits, it's good for everyone
15. G4-15 List externally developed PUMA's sustainability strategy is based on continuous feedback 44 Company Fully applied with GRI-G4
economic, environmental from stakeholders from around the world including customers
 and social charters, and consumers, direct and indirect employees, suppliers,
principles, or other regulators, NGOs, international organizations, foundations,
initiatives to which the academics, and many others.
organization subscribes
or which it endorses
16. G4-16 List memberships of 44 Company Fully applied with GRI-G4
associations (such as
industry associations)
and national or
international advocacy
organizations in which
the organization:
Holds a position
on the
governance body
Participates in
projects or
committees
Provides
substantive
funding beyond
routine
membership dues
Views
membership as
strategic

17. G4-17 List all entities included The financial statements of PUMA SE and its subsidiaries 122 Company Fully applied with GRI-G4
in the organizations (hereinafter referred to as the "Group" or the "PUMA") prepared
consolidated financial in accordance with International Financial Reporting Standards
statements or equivalent (IFRS) accounting standards issued by the International
documents. Accounting Standards Board (IASB), as they are to be applied in
 Report whether any the European Union and additional accounting principles to be
entity included in the applied in accordance with Section 315A (1) of the German
organizations Commercial Code (Handelsgesetzbuch, HGB). All IASB
consolidated financial standards and interpretations, as they will be applied in the EU,
statements or equivalent which is mandatory for financial years as of January 1, 2015 has
documents is not covered been applied.
by the report
18. G4-18 Explain the process for PUMA Sustainability Strategy is based on more than 20 years of 41 Company Fully applied with GRI-G4
defining the report experience monitoring the Code of Conduct in our manufacturing
content and the Aspect partners as well as regular stakeholder communication,
Boundaries. collaboration and feedback industry experts - both on the
Explain how the company and even at the regional level.
organization has
implemented the
Reporting Principles for
Defining Report Content
19. G4-19 List all the material The main result of these stakeholder meetings, which provide us 44 Company Fully applied with GRI-G4
Aspects identified in the with valuable feedback and constructive in our sustainability
process for defining strategy, are listed below:
report content. PUMA's sustainability efforts need to expand more in the
supply chain
Cotton ambitious strategy must be implemented
PUMA will develop "knowledge-based"
Target CO2 to support climate pembatasanperubahan for a
maximum of two degrees.
20. G4-20 For each material Aspect, 44 Company Fully applied with GRI-G4
report the Aspect
Boundary within the
organization, as follows:
Report whether
the Aspect is
material within
the organization
If the Aspect is
not material for
all entities within
the organization
(as described in
G4-17), select
one of the
following two
approaches and
report either: The
list of entities or
groups of entities
included in G4-17
for which the
Aspect is not
material or The
list of entities or
groups of entities
included in G4-17
for which the
Aspects is
material
Report any
specific limitation
 regarding the
Aspect Boundary
within the
organization

21. G4-21 For each material Aspect, 44 Company Fully applied with GRI-G4
report the Aspect
Boundary outside the
organization, as follows:
Report whether
the Aspect is
material outside
of the
organization
If the Aspect is
material outside
of the
organization,
identify the
entities, groups of
entities or
elements for
which the Aspect
is material. In
addition, describe
the geographical
location where
the Aspect is
material for the
entities identified
Report any
specific limitation
 regarding the
Aspect Boundary
outside the
organization

22. G4-22 Report the effect of any No restatements done Not applied
restatements of
information provided in
previous reports, and the
reasons for such
restatements
23. G4-23 Report significant 2015 also saw some significant changes in the organizational 42 Company Fully applied with GRI-G4
changes from previous sustainability of PUMA, the department reorganization
reporting periods in the sustainability of social and environmental team into the supply
Scope and Aspect chain and sustainability of the company ar
Boundaries

24. G4-24 Provide a list of Franois-Henri 43 Company Fully applied with GRI-G4
stakeholder groups Pinault Jean-Franois
engaged by the Palus Martin Kppel
organization.
25. G4-25 Report the basis for According to a notification dated August 3, 2011 in accordance 122 Company Fully applied with GRI-G4
identification and with Article 21 and 22 of the German Securities Trading Act
selection of stakeholders (WpHG)
with whom to engage on this date Tuan. Joseph Franois-Henri Pinault (member
Administrative Board) and Jean Franois-Henri Pinault indirectly
held 75.12% (11,330,446 voting rights) of the voting rights in
PUMA SE, of which 1.15% of the voting rights (173,377 voting
rights) are treasury stock PUMA SE.

26. G4-26 Report the organizations Depant on share capital owned 122 Company Fully applied with GRI-G4
 approach to stakeholder
engagement, including
frequency of engagement
by type and by
stakeholder group, and
an indication of whether
any of the engagement
was undertaken
specifically as part of the
report preparation
process.
27. G4-27 Report key topics and For PUMA, it is important to frequently engage with our 43 Company Fully applied with GRI-G4
concerns that have been stakeholders to reflect
raised through Our sustainability program, adjusting to the new requirements
stakeholder engagement, and, if necessary, to adjust our course. Continuous evaluation
and how the organization and assessment by external parties is an important indicator for
has responded to those the strategy and the action we are going forward
key topics and concerns,
including through its
reporting. Report the
stakeholder groups that
raised each of the key
topics and concerns.
28. G4-28 Reporting period (such as Calendar Year 2015 Company Fully applied with GRI-G4
fiscal or calendar year)
for information provided
29. G4-29 Date of most recent April 2014 Company Fully applied with GRI-G4
previous report (if any)
30. G4-30 Reporting cycle (such as Annual Company Fully applied with GRI-G4
annual, biennial).
31. G4-31 Provide the contact point 184 Company Fully applied with GRI-G4
for questions regarding
the report or its contents.

32. G4-32 Report the in This report has been developed in accordance with the guidelines 43 Company Fully applied with GRI-G4
accordance option GRI G4 using the "Core" option. This option allows us to report
the organization has the impacts associated with the performance of the economy, the
chosen. environment and our social and governance. It covers topics
Report the GRI PUMA business materials and key stakeholders and that is the
Content Index for the target of our sustainability. This target has been systematically
chosen option (see developed in accordance with the feedback from all the
tables below). stakeholders PUMA as described in the following sections.
Report the reference
to the External
Assurance Report, if
the report has been
externally assured.
GRI recommends the
use of external
assurance but it is not
a requirement to be
in accordance with
the Guidelines.
33. G4-33 Report the Based on information obtained during our audit, in our opinion, 163 Company Fully applied with GRI-G4
organizations policy the consolidated financial statements of PUMA SE,
and current practice Herzogenaurach, has been prepared in accordance with IFRS, as
with regard to applicable in the EU, and in accordance with the supplementary
seeking external regulations under commercial law in accordance with Article
assurance for the 315A (1) HGB and give a true and fair view of the net assets,
report. financial position and results of operations of the Group. Group
 If not included in the management report is consistent with the consolidated financial
assurance report statements and as a whole provides a view by the position of the
accompanying the Group and accurately presents the opportunities and risks of
sustainability report, future development.
report the scope and
basis of any external
assurance provided.
Report the
relationship between
the organization and
the assurance
providers.
Report whether the
highest governance
body or senior
executives are
involved in seeking
assurance for the
organizations
sustainability report
34. G4-34 Report the governance PUMA's highest institution in 43 Company Fully applied with GRI-G4
structure of the sustainability is the Sustainability Committee at the level of SE.
organization, including It is responsible for monitoring and setting-up of PUMA's
committees of the highest sustainability strategy. Sustainability Committee is held once in
governance body. 2015
Identify any committees
responsible for decision-
making on economic,
environmental and social
impacts.
35. G4-35 Report the process for - Not applied
delegating authority for
 economic, environmental
and social topics from
the highest governance
body to senior executives
and other employees
36. G4-36 Report whether the - Not applied
organization has
appointed an executive-
level position or
positions with
responsibility for
economic, environmental
and social topics, and
whether post holders
report directly to the
highest governance body.
37. G4-37 Report processes for Not applied
consultation between -
stakeholders and the
highest governance body
on economic,
environmental and social
topics. If consultation is
delegated, describe to
whom and any feedback
processes to the highest
governance body.
38. G4-38 Report the composition - Not applied
of the highest governance
body and its committees
by:
Executive or non-
executive
Independence
Tenure on the
governance body
Number of each
individuals other
significant
positions and
commitments,
 and the nature of
the commitments
Gender
Membership of
under-represented
social groups
Competences
relating to
economic,
environmental
and social
impacts
Stakeholder
representation

39. G4-39 Report whether the Chair - Not applied

of the highest governance
body is also an executive
officer (and, if so, his or
her function within the
organizations
management and the
reasons for this
arrangement).
40. G4-40 Report the nomination - Not applied
and selection processes
for the highest
governance body and its
committees, and the
criteria used for
nominating and selecting
highest governance body
 members, including:
Whether and how
diversity is
considered
Whether and how
independence is
considered
Whether and how
expertise and
experience
relating to
economic,
environmental
and social topics
are considered
Whether and how
stakeholders
(including
shareholders) are
involved

41. G4-41 Report processes for the - Not applied

highest governance body
to ensure conflicts of
interest are avoided and
managed. Report whether
conflicts of interest are
disclosed to stakeholders,
including, as a minimum:
Cross-board
membership
Cross-
 shareholding with
suppliers and
other stakeholders
Existence of
controlling
shareholder
Related party
disclosures
42. G4-42 Report the highest -. Not applied
governance bodys and
senior executives roles
in the development,
approval, and updating of
the organizations
purpose, value or mission
statements, strategies,
policies, and goals
related to economic,
environmental and social
impacts.
43. G4-43 Report the measures - Not applied
taken to develop and
enhance the highest
governance bodys
collective knowledge of
economic, environmental
and social topics.
44. G4-44 Report the processes for - Not applied
evaluation of the highest
governance bodys
performance with respect
to governance of
 economic, environmental
and social topics. Report
whether such evaluation
is independent or not,
and its frequency. Report
whether such evaluation
is a self-assessment. b.
Report actions taken in
response to evaluation of
the highest governance
bodys performance with
respect to governance of
economic, environmental
and social topics,
including, as a minimum,
changes in membership
and organizational
practice.
45. G4-45 Report the highest - Not applied
governance bodys role
in the identification and
management of
economic, environmental
and social impacts, risks,
and opportunities.
Include the highest
governance bodys role
in the implementation of
due diligence processes.
b. Report whether
stakeholder consultation
is used to support the
 highest governance
bodys identification and
management of
economic, environmental
and social impacts, risks,
and opportunities.
46. G4-46 Report the highest - Not applied
governance bodys role
in reviewing the
effectiveness of the
organizations risk
management processes
for economic,
environmental and social
topics
47. G4-47 Report the frequency of - Not applied
the highest governance
bodys review of
economic, environmental
and social impacts, risks,
and opportunities
48. G4-48 Report the highest - Not applied
committee or position
that formally reviews and
approves the
organizations
sustainability report and
ensures that all material
Aspects are covered.
49. G4-49 Report the process for - Not applied
communicating critical
concerns to the highest
 governance body.
50. G4-50 Report the nature and - Not applied
total number of critical
concerns that were
communicated to the
highest governance body
and the mechanism(s)
used to address and
resolve them.
51. G4-51 Report the remuneration - Not applied
policies for the highest
governance body and
senior executives for the
below types of
remuneration:
Fixed pay and
variable pay:
Performance-
based pay
Equity-based pay
Bonuses
Deferred or
vested shares
Sign-on bonuses
or recruitment
incentive
payments
Termination
payments
Clawbacks
Retirement
benefits,
 including the
difference
between benefit
schemes and
contribution rates
for the highest
governance body,
senior executives,
and all other
employees

Report how performance

criteria in the
remuneration policy
relate to the highest
governance bodys and
senior executives
economic, environmental
and social objectives.
52. G4-52 Report the process for - Not applied
determining
remuneration. Report
whether remuneration
consultants are involved
in determining
remuneration and
whether they are
independent of
management. Report any
other relationships which
the remuneration
consultants have with the
 organization
53. G4-53 Report how stakeholders - Not applied
views are sought and
taken into account
regarding remuneration,
including the results of
votes on remuneration
policies and proposals, if
applicable.
54. G4-54 Report the ratio of the Not applied
annual total
compensation for the
organizations highest-
paid individual in each
country of significant
operations to the median
annual total
compensation for all
employees (excluding the
highest-paid individual)
in the same country.
55. G4-55 Report the ratio of - Not applied
percentage increase in
annual total
compensation for the
organizations highest-
paid individual in each
country of significant
operations to the median
percentage increase in
annual total
compensation for all
 employees (excluding the
highest-paid individual)
in the same country.
56. G4-56 Describe the PUMA is a member of the UN Global Compact and is committed 63 Company Fully applied with GRI-G4
organizations values, to the principles, including the principle of the 10th: ".
principles, standards and Businesses should work against corruption in all its forms,
norms of behavior such including extortion and bribery" The fight against corruption
as codes of conduct and because it is highlighted as the main purpose of our Compliance
codes of ethics. Program, and also regular topic for dialogue with NGOs.

57. G4-57 Report the internal and - Not applied

external mechanisms for
seeking advice on ethical
and lawful behavior, and
matters related to
organizational integrity,
such as helplines or
advice lines.
58. G4-58 Report the internal and -. Not applied
external mechanisms for
reporting concerns about
unethical or unlawful
behavior, and matters
related to organizational
integrity, such as
escalation through line
management,
whistleblowing
mechanisms or hotlines.