PVH, HSBC
PVH Corp., the growth platform for Calvin Klein and TOMMY HILFIGER, published its 2021 Corporate Responsibility (CR) report. While continuing to navigate a more difficult global climate, PVH continues to work with peers and partners to advance the company’s Forward Fashion vision.
Stefan Larsson, PVH Corp. Chief Executive Officer, said that the working environment around them altered considerably as a result of the epidemic, but their determination to advance their company and the fashion industry toward a more inventive and responsible future remained strong. Their plan for having a good influence remains to be Forward Fashion, their worldwide corporate responsibility strategy.
As part of its mission to advance fashion for good, PVH is dedicated to continuing to make significant and positive changes inside the firm and throughout the garment sector.
Rick Relinger, PVH Corp. Chief Sustainability Officer, said that they’re looking forward to the challenging job ahead since we still have a long way to go to realize their goals for Forward Fashion. They understand and accept their obligation to create a good effect for both their stakeholders and their industry.
PVH raised the number of sustainable goods it offered to customers. The number of Calvin Klein items using sustainable materials rose globally by 50% from 2020 to 2019. Two-thirds of TOMMY HILFIGER collections were made from recycled and organic materials, as well as materials from sustainable sources. One-third of the consumer packaging for products was made from recycled materials, up from 0% in 2019.
PVH promoted human rights and environmental protection across the value chain. For the first time, the use and support of renewable sources accounted for the majority of energy consumption.
PVH joined the International Accord for Health and Safety in the Textile and Garment Industry as a founding member. Developed The Resilience Fund for Women in Global Value Chains and the Power of Nutrition in collaboration with colleagues in the fashion sector; enhanced current career progression initiatives to benefit the women who make up the majority of PVH’s supply chain workers.PVH also exceeded the target to provide education services, resources, and training to 135,000 people globally.
PVH also teamed up with the Apparel Impact Institute to launch a new Carbon Leadership Program to reduce supply chain emissions using a tried-and-true method.
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