Commercial, GHG Emissions - November 1, 2021
VF Corporation Achieves 17% Emissions Cut
VF Corporation announced Oct. 26 that it reduced Scope 1 and 2 emissions 17% compared to its 2017 baseline.
The apparel and footwear brand released its newest Made for Change sustainability report focusing on three areas: people, planet and product. The recent emissions reduction contributes to the company's commitment to reducing Scope 1 and 2 emissions 55% by 2030.
VF also reduced supplier emissions by over 50 million metric tons through supplier factory sustainability programs and saw no significant increase to Scope 3 emissions between 2017 and 2020 despite growth in business. This will contribute to the company goal of reducing absolute Scope 3 emissions by 30% between 2017 and 2030.
Another key piece of VF’s sustainability strategy is renewable energy use, from which 29% of its owned and operated facilities are now powered. The company is pursuing a target to source 100% renewable energy by 2025.
“VF is committed to fueling change in the apparel and footwear industries. We believe there is a reciprocal relationship between purpose and profit, and when we get it right, we create a virtuous cycle that positively impacts the world and our bottom line,” Sean Cady, vice president of Global Sustainability, Responsibility and Trade, said in a statement. “We’re proud of our work to date and know there is more work to do in this space independently and collaboratively with the global apparel industry and beyond. We’re confident we can drive continued progress while simultaneously delivering products that consumers desire.”
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