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Most of the world’s large sporting goods manufacturers now have ‘sound and responsible’ policies for managing social and environmental risks, Bank Sarasin has reported ahead of this month’s football World Cup. The Swiss investment bank says World Cup official partner adidas and also Nike and Puma, which it describes as ‘former black sheep’, have turned their performance around in recent years, while LVMH, Burberry and Christian Dior have established environmental management systems.