VF Corporation Named to CR Magazine’s 100 Best Corporate Citizens List
May 07 2018 - 12:30PM
Business Wire
VF Corporation (NYSE:VFC), a global leader in branded lifestyle
apparel, footwear and accessories, today announced it was named to
Corporate Responsibility (CR) Magazine’s 100 Best Corporate
Citizens list (2018), which recognizes U.S. public companies with
standout environmental, social and governance (ESG)
performance.
“We are honored to once again be named to CR Magazine’s 100 Best
Corporate Citizens list,” said Steve Rendle, VF’s Chairman,
President and CEO. “As a purpose-led and performance-driven
organization, VF and our brands are deeply committed to operating
our business in ways that contribute to the betterment of people
and our planet. This recognition is further evidence of the
inspiring work our nearly 70,000 associates do every day to make
our company an amazing place to work and our world a better
place.”
The 100 Best Corporate Citizens list documents 260 ESG data
points of disclosure and performance measures, harvested from
publicly available information in seven categories: environment,
climate change, employee relations, human rights, governance,
finance, and philanthropy & community support. The list ranks
the Russell 1000 Index.
"CR Magazine is proud to present the only ESG ranking list
that doesn't rely on self-reporting," said Dave Armon, publisher
of CR Magazine. "Each year, the 100 Best Corporate Citizens
ranking measures the success of the Brands Taking Stands movement
by celebrating the most successful, most transparent companies that
report on their responsible practices. We congratulate those
honored on this year's list for their commitment to corporate
responsibility."
VF has a proven history of operating its business with the
highest environmental, social and ethical standards. The company’s
actions have been recognized by some of the world’s leading
authorities on corporate social responsibility. In 2017, VF was
named one of America’s Most JUST Companies, according to Forbes and
JUST Capital, a nonprofit that ranks the U.S.’s largest publicly
traded corporations on the issues Americans care about most. VF was
also named a 2018 World’s Most Ethical Company® by the Ethisphere
Institute, a global leader in defining and advancing the standards
of ethical business practices.
Sustainability & Responsibility is one of VF’s key business
platforms and is embedded throughout the company’s global
operations. In late 2017, VF announced its new Sustainability &
Responsibility strategy, Made for Change, which outlines VF’s
aspirations for advancing environmental and social improvements
across its business, portfolio of brands, global supply chain and
communities worldwide. Among the new goals and targets established
as part of the strategy are VF’s commitment to reduce its global
environmental footprint by 50 percent, from farm to front door, by
2030, and to measurably improve the lives of one million apparel
industry workers and local community members by 2025. Additionally,
VF has committed to a 35 percent reduction in the average
environmental impact of key materials used to make its
products.
For access to the full 100 Best Corporate Citizens list
visit http://www.thecro.com.
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.
About the 100 Best Corporate Citizens List
The 100 Best Corporate Citizens list was first published in 1999
in Business Ethics Magazine, and has been managed by CR
Magazine since 2007. To compile the list, every company in the
Russell 1000, the highest ranked stocks in the Russell 3000 Index
of publicly held U.S. companies, is ranked according to 260 data
points.
About Corporate Responsibility Magazine
3BL Media is the publisher of CR
Magazine (www.thecro.com), the leading voice of the corporate
responsibility profession and the publisher of the 100 Best
Corporate Citizens ranking. Together with the Corporate Responsible
Association, CR Magazine presents COMMIT!Forum, Oct.
23-25, 2018, at MGM National Harbor, just outside Washington, D.C.
The theme is Brands Taking Stands – The Long View.
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VF Media:Vanessa McCutchen, 336-424-7776Director, Corporate
CommunicationsVanessa_mccutchen@vfc.com
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