PVH Corp. Signs UN Global Compact and CEO Water Mandate
December 12 2016 - 9:15AM
Business Wire
PVH Corp. [NYSE: PVH] has expanded its engagement with the
United Nations by signing onto the UN Global Compact, joining
more than 9,000 corporate members in recognizing business’s ability
to lead change on the global sustainable development agenda, with a
focus on the apparel industry. PVH and its Tommy Hilfiger business
have also signed the CEO Water Mandate, an initiative to mobilize
business leaders to advance water stewardship and to improve access
to clean water and sanitation. Earlier this year, PVH signed the UN
Women’s Empowerment Principles to reinforce its commitment to
gender equality in the workplace.
“The world is changing rapidly. We recognize both the
opportunity and the responsibility for business to take a lead role
in addressing pressing global issues. We believe that by partnering
with the United Nations through our commitment to the UN Global
Compact, CEO Water Mandate and Women’s Empowerment Principles, we
can better drive progress in the areas that matter most to our
business, our industry and the world more broadly,” said PVH
Chairman and Chief Executive Officer, Emanuel Chirico.
PVH has a strong history of leadership on Corporate
Responsibility (CR) issues. This year, PVH celebrated the 25th
anniversary of A Shared Commitment, its code of conduct for
business partners, which helped usher in a new era of social
compliance in the apparel industry when it was published in 1991.
PVH has also been an affiliate of the Fair Labor Association, a
multi-stakeholder initiative uniting companies, universities and
civil society organizations to protect workers’ rights and find
solutions to industry-wide labor issues, since its inception. In
2016, PVH achieved FLA re-accreditation of its CR program,
reaffirming the strength of the systems and procedures required for
successfully upholding fair labor standards throughout its supply
chain.
Earlier this year, PVH launched an enhanced global CR strategy
structured with 10 commitments across three key focus areas:
empowering people; preserving the environment; and supporting
communities. The strategies support 14 of the UN’s 17 Sustainable
Development Goals, covering issues such as building safety,
chemical management, greenhouse gases, inclusion and diversity, and
supporting the needs of women and children.
Water is an area of increasing importance for the apparel
industry and, following Tommy Hilfiger’s pioneering work on water
through its multi-year partnership with WWF International, PVH will
work in alignment with the CEO Water Mandate to drive progress on
its goal to safeguard and preserve water resources. Tommy Hilfiger
has also signed the CEO Water Mandate to reaffirm its commitment to
responsible water usage and stewardship, which are key components
of its Sustainable Evolution strategy.
For more information on PVH’s corporate responsibility program,
visit http://www.pvh.com/cr. To learn more about Tommy Hilfiger’s
commitment to water stewardship, visit
http://global.tommy.com/int/en/about/corporate-responsibility.
About the United Nations Global
Compact
The United Nations Global Compact is a call to companies
everywhere to align their operations and strategies with ten
universally accepted principles in the areas of human rights,
labour, environment and anti-corruption, and to take action in
support of UN goals and issues embodied in the Sustainable
Development Goals. The UN Global Compact is a leadership platform
for the development, implementation and disclosure of responsible
corporate practices. Launched in 2000, it is the largest corporate
sustainability initiative in the world, with more than 9,000
companies and 3,000 non-business signatories based in over 160
countries, and more than 80 Local Networks. More information:
www.unglobalcompact.org.
About PVH Corp.
With a history going back over 130 years, PVH
Corp. has excelled at growing brands and businesses with rich
American heritages, becoming one of the largest apparel companies
in the world. We have over 30,000 associates operating in over 40
countries and over $8 billion in annual revenues. We own
the iconic Calvin Klein, Tommy Hilfiger, Van Heusen,
IZOD, ARROW, Speedo*, Warner's and Olga brands
and market a variety of goods under these and other nationally and
internationally known owned and licensed brands.
*The Speedo brand is licensed for North
America and the Caribbean in perpetuity
from Speedo International, Ltd.
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version on businesswire.com: http://www.businesswire.com/news/home/20161212005635/en/
PVH Corp.Media / Investors Contact:Dana
Perlman,
212-381-3502investorrelations@pvh.comorCR
Contact:Melanie Steiner,
212-381-3737cr@pvh.com
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