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Adidas commits to using only recycled plastics in all its products by 2024

29 Jul 2018 - The company also said it would stop using "virgin" plastic in its offices, shops, warehouses and distribution centers, saving an estimated 40 tons of plastic per year.

29 Jul 2018 - Adidas is racing to make its products more sustainable.

The global sportswear maker said Monday that it has committed to using only recycled plastic by 2024.

The pledge to eliminate the use of "virgin" plastic, which was first reported by the Financial Times, includes polyester. Used in everything from t-shirts to sports bras, the material is popular in sportswear because it dries quickly and weighs little.

Adidas (ADDDF) also said it would stop using virgin plastic in its offices, retail outlets, warehouses and distribution centers, a move that would save an estimated 40 tons of plastic per year, starting in 2018.

Adidas is the latest in a series of global companies that have pledged to reduce plastic use.

CONTINUE READING ONLINE HERE: https://money.cnn.com/2018/07/16/news/adidas-using-recycled-plastic-only/index.html