PVH Corp. revealed the evolution of its Corporate Responsibility strategy, known as Forward Fashion, that creates a new level of ambition, transparency and reinforces the company’s commitment to sustainable business.
The company released its 11th annual CR Report and launch of a dedicated digital hub, Forward Fashion, on Monday. Forward Fashion outlines three focus areas that aim to reduce the company’s negative impacts to zero, increase positive impacts to 100 percent and improve more than one million lives throughout its value chain.
These areas include combating climate change, addressing waste and hazardous chemicals, ensuring worker safety and producing development programs for women.
The strategy creates a platform for each of PVH’s branded businesses — Calvin Klein, Tommy Hilfiger and Heritage Brands — to further accelerate their consumer-and-product-centric sustainability efforts.
“Corporate responsibility has always been fundamental to how we conduct business. Forward Fashion represents a renewed sense of urgency to use the collective power of PVH to achieve transformative change at scale,” said Emanuel Chirico, chairman and chief executive officer of PVH Corp. “The challenges and opportunities we face are bigger than PVH, but we are confident Forward Fashion will position us for success over the long term, leading to more engaged associates, more loyal consumers and, ultimately, a more sustainable and responsible future for the fashion industry.
Among the top priorities are for PVH’s products and business operations to generate zero waste, zero carbon emissions and zero hazardous chemicals, and for its products to be truly circular.
One key target is that PVH offices, warehouses and stores will be powered by 100 percent renewable electricity by 2030 and the company will drive a 30 percent reduction in its supply chain emissions by 2030. Another key target is all PVH offices, distribution centers and stores will achieve zero waste and eliminate single-use plastics by 2030. Further, the company said three of the company’s most commonly purchased products will be completely circular including the full traceability of key raw materials by 2025.
PVH’s ambition is for 100 percent of its products and packaging to be ethically and sustainably sourced, and for 100 percent of its suppliers to respect human rights and be good employers. Another priority to ensure access to clean water for communities in PVH’s key basins through collaborative action. One key target is to sustainably source 100 percent of PVH’s cotton and viscose by 2025, and 100 percent of polyester by 2030.
Another key target is for 100 percent of PVH suppliers to promote and maintain safe and healthy work environments by 2025. And, 100 percent of PVH suppliers will meet or exceed all of its social and environmental standards by 2030.