ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Pangea Reports Major Sustainability Gains in 2024

Rochester, MI, May 20, 2025 (GLOBE NEWSWIRE) -- Pangea, a global supplier of premium automotive leather, released its 2024 Sustainability Report, detailing significant progress across environmental, social, and governance (ESG) initiatives. Now in its fourth consecutive year, the report underscores the company’s leadership in sustainable leather manufacturing and its commitment to transparency and innovation across the value chain.

Key highlights from the 2024 report include:

  • Scope 1 and 2 emissions reduced by 12.5%, surpassing 25% reduction from Pangea’s 2021 baseline, with strong contributions from solar energy projects.
  • Expanded use of renewable chemistry, with 20.4% of chemical inputs now derived from bio-based sources—supporting a transition away from petroleum-based inputs.
  • Water conservation milestones, including an 8–14% reduction in consumption from retanning and finishing operations.
  • Zero-waste achievements, including the full diversion of leather shavings at the León, Mexico facility, contributing to a 68% global diversion rate.
  • Industry-leading certifications maintained, including Leather Working Group (LWG) Gold status and a NQC rating that outperforms both the leather and broader automotive supply sectors. All while adding OEKO-TEX certifications, where products are tested to the most stringent safety standards—commonly reserved for baby products.

“As automotive customers seek to decarbonize their supply chains, our work in traceability, energy efficiency, and responsible chemistry proves that leather can—and should—be part of a sustainable solution,” said Roger Pinto, Global Director of Sustainability & Innovation. “This report is a testament to our team’s vision, our customers’ trust, and our ability to drive real change through measurable action.”

The 2024 report also emphasizes Pangea’s ongoing leadership in shifting industry narratives—highlighting the lower-than-expected carbon impact of leather in updated life cycle assessments and reinforcing the importance of utilizing hides as a byproduct of the beef industry to prevent waste.

Pangea’s sustainability strategy remains anchored in material traceability, renewable inputs, circular economy practices, and social equity. Looking ahead, the company is targeting top-tier ESG ratings and deeper collaboration with customers to promote leather as a durable, low-impact, and ethically sourced material for next-generation vehicle interiors.

To download the full 2024 Sustainability Report, visit www.pangeamade.com/sustainability .

Attachments


Jacquelyn Smith
Pangea
2484362200
JSmith@PangeaMade.com

Recent Quotes

View More
Symbol Price Change (%)
AMZN  220.69
+3.55 (1.63%)
AAPL  271.49
+5.24 (1.97%)
AMD  203.78
-2.24 (-1.09%)
BAC  51.56
+0.56 (1.10%)
GOOG  299.65
+9.67 (3.33%)
META  594.25
+5.10 (0.87%)
MSFT  472.12
-6.31 (-1.32%)
NVDA  178.88
-1.76 (-0.97%)
ORCL  198.76
-11.93 (-5.66%)
TSLA  391.09
-4.14 (-1.05%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.