PVH Corp. Releases 14th Annual Corporate Responsibility Report
August 08 2022 - 8:40AM
Business Wire
PVH Corp. (NYSE:PVH), the growth platform for Calvin Klein and
TOMMY HILFIGER, published today its 2021 Corporate Responsibility
(CR) report. PVH continues to collaborate with peers and partners
to make progress on the company’s Forward Fashion strategy, while
continuing to navigate an increasingly challenging global
environment.
“While the operating environment around us changed dramatically
due to the pandemic, our commitment to move our business and the
fashion industry toward a more innovative and responsible future
remained steadfast,” said Stefan Larsson, PVH Corp. Chief Executive
Officer. “Forward Fashion, our global corporate responsibility
strategy, continues to be our roadmap for making a positive
impact.”
PVH is committed to continue driving meaningful and impactful
change within the organization and across the apparel industry as
part of the company’s purpose to drive fashion forward for
good.
"We’re excited for the hard work ahead because much more
progress is needed to achieve our Forward Fashion ambitions. We
understand and recognize our responsibility to make a positive
impact for both our stakeholders and our industry,” said Rick
Relinger, PVH Corp. Chief Sustainability Officer.
This year’s report chronicles notable progress against PVH’s
Forward Fashion commitments and also displays improvements on how
and what the company reported.
PVH increased its delivery of sustainable products to
consumers
- Globally, increased by 50% the number of Calvin Klein
products that used sustainable materials as compared to 2020.
- Two-thirds of TOMMY HILFIGER collections included products
incorporating sustainably-sourced materials, including
recycled and organic materials.
- One-third of the consumer packaging for products was
manufactured using recycled materials, up from 0% in
2019.
PVH advanced climate action and human rights across the value
chain
- For the first time, the majority of energy consumption came
from the use and support of renewable sources.
- Became a founding member of the International Accord for
Health and Safety in the Textile and Garment Industry.
- Collaborated with fashion industry peers to launch The
Resilience Fund for Women in Global Value Chains and the Power of
Nutrition; expanded existing career advancement programs to support
the women who make up the majority of PVH’s supply chain
workforce.
- Exceeded target to support 135,000 individuals worldwide
through education services, resources and trainings.
- Partnered with the Apparel Impact Institute to implement a
new Carbon Leadership Program to tackle supply chain emissions
using a standardized industry approach.
PVH increased transparency to stakeholders
- Reported quantitative progress toward PVH’s Forward
Fashion targets for the first time and included new Governance and
Data Appendix sections.
- Shared the results of a new materiality assessment that
identified the issues a range of stakeholders view as being of
greatest importance to PVH and its business.
Click here to read the full report.
About PVH Corp.
PVH is the growth platform for Calvin Klein and TOMMY HILFIGER.
Through driving brand strength and relevance, we are connecting our
global, iconic brands closer to where the consumer is going than
ever before, today and with future generations. Guided by our
values and enabled by our scale and global reach, we are driving
fashion forward for good, as one team with one vision and one plan.
That’s the Power of Us. That’s the Power of PVH.
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Hannah Rubin communications@pvh.com
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