VF Corporation Releases Third Annual Profile on Inclusion, Diversity, Equity and Action (IDEA)
15 Novembro 2021 - 8:55AM
Business Wire
Annual profile outlines VF’s inclusion and
diversity strategy, progress toward commitments
VF Corporation (NYSE: VFC), a global leader in branded lifestyle
apparel, footwear and accessories, today published its third
Inclusion, Diversity, Equity and Action (IDEA) Annual Profile.
Covering the company’s fiscal year 2021, the report defines the key
strategic pillars that serve as the drivers and benchmarks for VF’s
IDEA goals.
VF has publicly committed to two aspirational employee
representation goals and provides annual visibility into the
company’s progress. By 2030, VF intends to achieve gender parity at
the director level and above globally, and 25% BIPOC representation
in the U.S. at the director level and above. During fiscal year
2021, VF saw growth against both goals, with those who identify as
women comprising 41% of the director and above population globally,
and BIPOC associates representing 16% of the director and above
population in the US.
At the end of fiscal year 2021, the overall representation of
women globally across all levels of VF’s workforce was 55%.
Similarly, BIPOC associates within the US across all levels in the
organization was also at 55%. In addition, during fiscal year 2021,
one-third of the company’s Board of Directors identified as women
and 17% identified as a member of the BIPOC community.
“Our IDEA Annual Profile celebrates and highlights the many ways
our associates and leaders have mobilized to support our
associates, our consumers, our industry, and the communities we
serve around the world,” said Lauren Guthrie, VF’s Vice President
of Global Inclusion, Diversity, Equity and Action. “The efforts and
achievements outlined in the report are rooted in building and
maintaining a workplace that celebrates diversity and prioritizes
allyship, advocacy and authentic belonging while driving focused
actions to advance equity and social justice. The profile also
points the way to the work still ahead of us, including how we’re
progressing in diverse representation and where we plan to invest
going forward. As we embrace our corporate responsibility to
actively promote the betterment of people and planet, VF is
committed to addressing the many ways inequities affect all of
us.”
VF has also identified three strategic pillars to evolve the
standards of an inclusive environment among brands and
employees.
1. Employees and Culture: Achieving an environment of
inclusion and belonging begins in the recruitment process and
extends across the entire employee journey. VF has created a
variety of learning tools, including an Inclusive Hiring Guidebook,
to minimize the impact of bias in the company’s recruiting
processes and relaunched a new global learning journey to connect
employees with the principles of IDEA. VF has also prioritized
listening sessions and wellbeing initiatives to ensure its
employees are fully supported and embraced as they bring their
whole selves into the workplace.
2. Brands and Consumers: Engaging the VF family of brands
in all IDEA endeavors is an essential part of VF’s IDEA strategy.
VF’s brands engage consumers in direct dialogue around inclusion,
diversity and equity, while continuing to focus on amplifying
values that transcend demographics. VF’s IDEA Annual Profile
documents successes at the brand level including:
- The Timberland® brand intensified its focus on fighting
systemic racism through new programs and partnerships centered on
community, design education and entrepreneurship.
- The North Face® brand catalyzed the #stophateforprofit
initiative and announced the relaunch of The Explore Fund to embed
equity as a key component of the brand’s philanthropy and community
engagement strategies.
- The Smartwool® brand partnered with Outdoor Afro and
Environmental Learning for Kids to support urban youth and the
BIPOC community.
3. Society and Movements: The report also reinforces VF’s
global intention to support programs and organizations that promote
inclusivity across gender, ability, ethnicity, lifestyles and
economics through brand partnerships and the charitable work of the
VF Foundation.
Guthrie concluded, “Injustice is a global humanitarian issue,
and the life-altering circumstances of this past year have
catalyzed social upheaval seen and felt around the world. The
actions we take — from the smallest gestures to the boldest moves —
will continue to evolve as we work to lift up our communities and
help create an equitable world.”
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211115005082/en/
Colin Wheeler Colin_wheeler@vfc.com
VF (NYSE:VFC)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
VF (NYSE:VFC)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024