VF Corporation Receives National Award from the U.S. Association of Former Members of Congress
March 23 2018 - 6:55AM
Business Wire
The company is honored for its work to improve
the lives of millions of apparel and footwear workers
VF Corporation (NYSE: VFC), a global leader in branded lifestyle
apparel, footwear and accessories, was honored earlier this week
with the Corporate Statesmanship Award from the U.S. Association of
Former Members of Congress (FMC), a bipartisan, voluntary nonprofit
alliance of former U.S. Senators and Representatives. VF
received the award on March 21 at FMC’s annual Statesmanship Awards
Dinner in Washington, DC.
“We are honored to be recognized by the FMC for our work to
improve the lives of apparel and footwear industry workers and
their communities around the world,” said Steve Rendle, VF’s
Chairman, President and CEO. “As one of the largest and leading
companies in our sector, we recognize our unique opportunity to
leverage our scale to affect positive changes that have a lasting
impact and set a high standard for human rights and environmental
responsibility. I am proud of the work our associates have
accomplished, but we also know this important work is never done.
We are and will forever remain committed to partnering with others
to continue to advance ongoing progress.”
The Corporate Statesmanship Award recognizes outstanding
corporate leadership and citizenship, including companies that
exemplify service and commitment to improving the lives of others.
VF received this recognition for its creation of the company’s
Responsible Sourcing program, a global collaborative approach to
sourcing products responsibly, including collaborating with
industry partners and multi-stakeholder organizations across 50
countries to maintain safe, healthy environments for workers,
manufacturing products responsibly, and improving workers’
lives.
An integral component to VF’s Global Supply Chain organization,
the Responsible Sourcing program ensures VF’s more than 1,000
contract suppliers and sourcing partners are operating with the
same high standards VF sets for its owned and operated
manufacturing operations. VF shares with its supply chain partners
the company’s manufacturing best practices and know-how, and often
serves as a consultant to help them continually improve their
operations and environmental and socially responsible
initiatives.
VF’s Responsible Sourcing program comprises four focus
areas:
- Worker Rights and Safety: Maintaining
safety and healthy environments for all workers;
- Product Stewardship: Manufacturing and
sourcing products and raw materials responsibly and ethically;
- Environmental Sustainability: Reducing
the environmental impact of our business; and
- Worker and Community Development:
Improving the standards of living for all workers who make our
products.
“We are thrilled to recognize VF Corporation with our 2018
award. Steve and his team stand for the exact corporate global
citizenship that we seek to highlight. They have demonstrated
admirably how a group of leaders, united behind a commitment to
combine product excellence with good stewardship, can set the
industry-wide standard when it comes to environmental and labor
values. FMC seeks to promote finding common ground and working
together toward the common good, and we cannot think of a better
private sector example of this than VF Corporation’s Responsible
Sourcing Program,” said former Member of Congress Cliff Stearns,
FMC’s President.
With more than 600 former Members of Congress in its membership,
FMC utilizes the expertise and experience of its bipartisan
membership for domestic and international programs, all performed
by former Senators and Representatives on a pro bono basis. FMC’s
main domestic project, the Congress to Campus Program, teaches
about our representative democracy and encourages the next
generation of public servants. International projects include four
Congressional Study Groups that connect current Members of Congress
with their peers in the legislative branches of Germany, Japan,
Korea and the European Union. More information about the FMC is
available here.
About VF
VF Corporation (NYSE: VFC) outfits consumers around the world
with its diverse portfolio of iconic lifestyle brands, including
Vans®, The North Face®, Timberland®, Wrangler® and Lee®.
Founded in 1899, VF is one of the world’s largest apparel, footwear
and accessories companies with socially and environmentally
responsible operations spanning numerous geographies, product
categories and distribution channels. VF is committed to delivering
innovative products to consumers and creating long-term value for
its customers and shareholders. For more information,
visit www.vfc.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180323005119/en/
VF CorporationVanessa McCutchen, 336-424-7776Director, Corporate
CommunicationsVanessa_mccutchen@vfc.com
VF (NYSE:VFC)
Historical Stock Chart
From Jun 2024 to Jul 2024
VF (NYSE:VFC)
Historical Stock Chart
From Jul 2023 to Jul 2024