PVH Corp. Releases 2022 Corporate Responsibility Report
17 Agosto 2023 - 10:00AM
Business Wire
PVH Corp. (NYSE: PVH) today released its 2022 Corporate
Responsibility report that highlights an evolution of the Forward
Fashion strategy to focus on three areas – accelerate climate
action, advance human rights, and champion inclusion and diversity
– underpinned by the Company’s existing time-bound commitments.
PVH’s long-term Forward Fashion corporate responsibility
strategy plays an increasingly important role as part of its PVH+
Plan and the vision to build Calvin Klein and TOMMY HILFIGER into
the most desirable lifestyle brands in the world and make PVH one
of the highest performing brand groups in the apparel sector.
“We’re encouraged by the progress we’ve made in 2022 to
accelerate climate action, advance human rights and champion
inclusion and diversity. While we’re proud of the impact we’ve made
so far, we are focused on the hard work ahead to deliver on our
long-term Forward Fashion strategy,” said Rick Relinger, Chief
Sustainability Officer, PVH Corp.
Some notable highlights from the report include:
Accelerate Climate Action
- For the first time, conducted a climate risk scenario analysis
and enhanced carbon accounting capabilities
- Derived 60% of the power for owned-and-operated facilities from
the use and support of renewable energy
- Partnered with suppliers to set their own greenhouse gas
emissions reduction targets and develop action plans to achieve
those targets
- Launched PVH’s first sustainable supply chain financing program
that provides suppliers with better financing rates based on their
sustainability performance
- The PVH Foundation announced a $10 million commitment to the
Apparel Impact Institute’s Fashion Climate Fund to enable
suppliers’ transition to renewable electricity, improve energy
efficiency, eliminate coal in manufacturing, and scale sustainable
materials
Advance Human Rights
- Signed the Pakistan Accord that will extend legally binding
agreements between fashion brands and global trade unions to
improve workplace safety in the fashion industry
- Launched a five-year, $5 million partnership in Bangladesh to
provide professional and life skills development programs to
100,000 women, complementing the work in Tunisia, Vietnam, India
and Sri Lanka
- Signed the Dindigul Agreement with a local women-led union to
eradicate gender-based violence in southern India
Champion Inclusion and Diversity
- Piloted PVH’s first ever global mentorship program for women,
racially and ethnically diverse associates and other
underrepresented groups to increase retention and development
- Required all people managers to include an I&D leadership
goal as part of their performance and development process to create
a more inclusive culture
- The PVH Foundation funded programs totaling $1.37 million to
address lack of awareness, and access to fashion industry
opportunities for underrepresented communities
Click here to read the full report.
About PVH Corp.
PVH is one of the world’s largest and most admired fashion
companies, connecting with consumers in over 40 countries. Our
global iconic brands include Calvin Klein and TOMMY HILFIGER. Our
140-year history is built on the strength of our brands, our team
and our commitment to drive fashion forward for good. That’s the
Power of Us. That’s the Power of PVH.
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Media: communications@pvh.com
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