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     206  0 Kommentare VF Corporation Publishes Sustainability & Responsibility Report for Fiscal Year 2022 - Seite 2

    • VF is making progress against its 2030 science-based greenhouse gas (GHG) emission reduction targets:
      • Scope 1 and 2 emissions: As of FY22, VF has achieved 66% of its target of reducing Scope 1 and 2 GHG emissions by 55%.
      • Scope 3 emissions: As of FY21, VF achieved 8% of its target of reducing Scope 3 GHG emissions by 30%.
    • Renewable Energy: VF made progress toward the completion of the apparel and footwear industry’s largest tax equity investment in FY22 and utilized 34% renewable energy across its direct operations, up from 32% in FY21.
    • Waste Reduction: By year-end FY22, VF achieved an average waste diversion rate of 97% in all active company owned – and operated distribution centers.

    Product:

    • Traceability: VF achieved its goal of publishing traceability maps for 100 of its brands’ most iconic products in FY22. VF continues to expand its traceability program, making progress against its goal to trace five key materials through 100% of the supply chain by FY28.
    • Materials: In FY21, 36% of polyester originated from recycled materials, achieving 72% of VF’s FY26 goal to source 50% of its polyester from recycled materials.
    • Chemistry: VF removed more than 300 metric tons of nonpreferred chemicals from its supply chain since FY20 through the innovative CHEM-IQSM program. Since the program’s inception in 2016, VF has removed 900 metric tons of nonpreferred chemicals.

    VF’s FY22 Sustainability & Responsibility report was prepared in accordance with Global Reporting Initiative (GRI) Standards 2018, Core option; aligned with Sustainability Accounting Standards Board (SASB) Apparel, Accessories & Footwear Standard 2018; informed by the Task Force on Climate-related Financial Disclosures (TCFD); and United Nations Sustainable Development Goals (UN SDGs); and serves as our UN Global Compact (UNGC) Communication on Progress. Unless otherwise stated, all data reported is for VF’s fiscal year 2022.

    About VF

    Founded in 1899, VF Corporation is one of the world’s largest active-lifestyle companies, which connects people to the activities and experiences they cherish most through a portfolio of outdoor, active, workwear and streetwear brands including Vans, The North Face, Timberland and Dickies. Our Purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We connect this Purpose with a relentless drive to succeed to create value for all stakeholders and use our company as a force for good. For more information, please visit vfc.com.


    The VF Stock at the time of publication of the news with a raise of +1,18 % to 28,70EUR on Tradegate stock exchange (07. November 2022, 12:00 Uhr).
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    VF Corporation Publishes Sustainability & Responsibility Report for Fiscal Year 2022 - Seite 2 VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today released its latest Made for Change Sustainability & Responsibility report entitled Seizing the Momentum. The report shares the company’s …

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