Le Lézard
Classified in: Sports and recreation, Covid-19 virus
Subject: Corporate Social Responsibility

VF Corporation Publishes New Made for Change Sustainability & Responsibility Report Revealing Achievements in People, Planet and Product Commitments and Sets a Dozen Ambitious New Goals


VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, published its latest Made for Change sustainability and responsibility report today. With action and progress at the core of its message, the report highlights VF's advancement toward achieving its commitments to better both people and the planet, including progress toward its ambitious science-based targets. The report also showcases VF's leadership in driving measurable, industry-wide progress against environmental and social challenges.

"VF Corporation and our family of brands strive to be more than just an apparel and footwear company. Collectively, we work to be a leading global citizen, setting a high bar for corporate sustainability and responsibility," said Sean Cady, Vice President, Global Sustainability, Responsibility and Trade, VF Corporation. "From our owned offices to our partner factories around the world, we use our scale and resources to take actions that advance meaningful and measurable progress."

The latest report, Made for Change, is VF's fourth sustainability and responsibility report and has three primary areas of focus: People, Planet and Product, which include worker development, gender parity, carbon emissions, waste and plastic reduction, responsible sourcing of materials, recycled and regenerative supply chains, and chemicals. In line with its commitment to continuous improvement, the company is also publishing 12 new ambitious goals in the report.

"VF is committed to fueling change in the apparel and footwear industries. We believe there is a reciprocal relationship between purpose and profit, and when we get it right, we create a virtuous cycle that positively impacts the world and our bottom line," said Cady. "We're proud of our work to date and know there is more work to do in this space independently and collaboratively with the global apparel industry and beyond. We're confident we can drive continued progress while simultaneously delivering products that consumers desire."

Report highlights include:

People:

Planet:

Product:

VF's FY2020 sustainability and responsibility report was prepared in alignment with the Global Reporting Initiative (GRI) standards, the Sustainability Accounting Standards Board (SASB) standards, and serves as VF's annual communication on progress for the United Nations Global Compact. Unless otherwise stated, all data reported is for VF's Fiscal Year 2020 (April 2019 - March 2020).

About VF Corporation

Founded in 1899, VF Corporation is one of the world's largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish most through a family of iconic outdoor, active and workwear brands including Vans®, The North Face®, Timberland® and Dickies®. Our purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We connect this purpose with a relentless drive to succeed to create value for all stakeholders and use our company as a force for good. For more information, please visit vfc.com.

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1 VF has set a commitment to achieve an absolute reduction of Scope 3 GHG emissions from purchased goods and services and upstream transportation of 30% by 2030 from a 2017 baseline.
2 Based on a diversion rate of 95% or greater


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News published on 26 october 2021 at 09:05 and distributed by: