VF Corporation Named as One of the 2023 World’s Most Ethical Companies by Ethisphere for Seventh Consecutive Year
Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices
DENVER--(BUSINESS WIRE)-- VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies.
“We are honored to be named as one of the 2023 World’s Most Ethical Companies for the seventh consecutive year and the only honoree in the apparel industry,” said Jenn Sim, VF’s Executive Vice President, General Counsel and Secretary. “This recognition demonstrates the shared commitment of our associates around the world who are living and leading with integrity every day. As always, our relentless focus on operating with the highest ethical standards will remain a foundational element of our performance-driven culture, which is grounded in purpose.”
VF has been recognized for the past seven years and is the only honoree in the apparel industry to be named this year. In 2023, 135 honorees were recognized spanning 19 countries and 46 industries.
“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to VF Corporation for earning a place in the World’s Most Ethical Companies community.”
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees.
About VF Corporation
Founded in 1899, VF Corporation is one of the world’s largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish most through a family of iconic outdoor, active and workwear brands including Vans®, The North Face®, Timberland® and Dickies®. Our purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We connect this purpose with a relentless drive to succeed to create value for all stakeholders and use our company as a force for good. For more information, please visit vfc.com.
About the Ethisphere Institute
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset focused on ethical culture and featuring the responses of 2+ million employees around the world; and the Ethics Quotient dataset, featuring 200+ data points highlighting the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit https://ethisphere.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230313005054/en/
VF Corporation Contact:
Corporate Affairs & Communications
Ethisphere Media Contact:
VP, Media and Communications
Source: VF Corporation
Released March 13, 2023