KUALA LUMPUR, Dec 6 -- VF Corporation, one of the world’s largest apparel, footwear and accessories companies has published the latest iteration of its Made for Change Sustainability & Responsibility report, including the announcement of industry-leading science-based targets (SBTs) and a bold vision for sustainable materials.
VF’s Made for Change report details the company’s aspirations for advancing environmental and social improvements across its business, portfolio of brands, global supply chain and communities worldwide.
Among issues highlighted in the Made for Change report include 50 per cent of VF’s distribution centres worldwide are zero-waste facilities; 16 of VF’s owned buildings are LEED certified; and, improvement of worker livelihoods via VF’s Worker and Community Development Program.
Meanwhile, VF’s SBTs are among the most ambitious in the industry and are aligned with the ideology of using its global scale for good. SBTs are greenhouse gas emission reduction targets that are in line with meeting the goals of the Paris Agreement.
The company partnered with global consultancy, Carbon Trust, to model data across its owned and operated facilities as well as its entire operations from farm to retail store; and engaged deeply with its entire value chain.
VF’s science-based carbon emissions targets include absolute reduction of Scope 1 and 2 greenhouse gas emissions 55 per cent by 2030 and absolute reduction of Scope 3 greenhouse gas emissions 30 per cent by 2030.
By 2030, VF commits that 100 per cent of its top nine materials, which account for approximately 90 per cent of its materials-related carbon emissions, will originate from regenerative, responsibly sourced renewable or recycled sources.
-- BERNAMA
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