In its 10th annual sustainability report, PVH Corp has focused on three strategic areas namely worker empowerment, environmental preservation and community engagement. The US-based company’s corporate responsibility is embraced and enforced throughout the entire value chain – from ‘source to store’, touching close to one million lives around the world.
PVH’s comprehensive corporate responsibility programme is a key factor in driving the company’s growth, performance, creativity and success. The new report provides information and performance data on its operations during its 2017 fiscal year. It also explores the importance of addressing social and environmental issues, challenges and achievements and highlights next steps for future progress. PVH’s corporate responsibility strategy incorporates the United Nations’ Sustainable Development Goals (SDGs) and seeks to achieve sustainable development over the next 15 years.
“The fashion industry is changing and PVH has a role to play in driving fashion forward – for good. We believe that what happens behind every design we make is more important than ever and we have an ambitious vision for the future. Our latest corporate responsibility report is a celebration of our achievements over the past year, making positive impacts where we work and live,” said chairman and CEO Emanuel Chirico.
The clothing company has implemented the SAC Higg FEM environmental assessment tool throughout its supply chain and has so far rolled out to 530 facilities. It has also joined the Better Cotton Initiative (BCI) that aims to make the production of more sustainable ‘Better Cotton’, a standard practice, the report stated.
PVH’s 2017 Corporate Responsibility Report was developed in accordance with the Global Reporting Initiative (GRI) G4 Guidelines, Standards under the ‘core’ option and in line with the ten principles of the UN Global Compact. As a company, we continue to engage with the GRI Gold Community, a multi-stakeholder network dedicated to developing a more sustainable global economy, according to the report.
“As one of the world’s largest apparel companies, we recognise our responsibility to address our industry’s social and environmental impacts, and we are doing our part to leverage our scale, to help create a new pattern of positive change for the industry,” Chirico continued.