VF Foundation issues $8.3 million to address fashion sustainability

YarnsandFibers News Bureau 2023-02-14 17:21:42 – USA

The VF Foundation reports the 60 organizations that received US$8.3 million in donations from 60 different countries were chosen based on their contributions to a sustainable future.

The $8.3 million in grants were given out by the VF Foundation, a private grant-making organization supported by VF Corporation, to programs promoting sustainable innovation, inclusive and accessible outdoor areas, women's empowerment, and community development.

The remaining investments went toward mentorship and scholarship programs created to promote diversity in the outdoor, footwear, and clothing industries.

Future generations' well-being is a priority for the VF Foundation when it comes to long-term economic transformation. collaborating with groups with a regional focus to solve basic challenges to community development.

It aims to uplift many underprivileged populations around the world, particularly women and girls in nations that source clothing. The VF Foundation wants to uncover promising nature-based climate solutions and concentrate on circular and regenerative practices in fashion and apparel, and the money will support organizations that pool resources to promote local decision-making and action. Innovations that assist local farmers in creating green jobs, and reduce textile waste are being considered game-changing options.

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