VF Corporation Named to CR Magazine’s 100 Best Corporate Citizens List
GREENSBORO, N.C.-- VF Corporation (NYSE:VFC) has been named to Corporate Responsibility (CR) Magazine’s 100 Best Corporate Citizens List (2016), which recognizes U.S. public companies with standout corporate responsibility performance.
“Our commitment at VF is to continually improve our business performance as well as the world around us,” said Eric Wiseman, VF’s Chairman and Chief Executive Officer. “We are honored to be recognized by CR Magazine for the work our associates are leading across our global business platforms and brands to responsibly manage our business.”
The 100 Best Corporate Citizens List documents 260 data points of disclosure and performance measures – harvested from publicly available information in seven categories: environment, climate change, employee relations, human rights, governance, finance, and philanthropy and community support.
“Congratulations to VF for placing on CR Magazine’s annual Best Corporate Citizens list, the only ranking that doesn’t rely on self-reporting,” said Elliot Clark, CEO of CR Magazine and SharedXpertise. “Each year, we measure the most transparent companies who report on their responsible practices. Our goal is to advance corporate accountability and responsibility.”
Sustainability and responsibility are not only tenets of VF’s business practices, but also represent one the company’s core business platforms. Recent corporate sustainability efforts at VF include achieving a 5 percent reduction in greenhouse gas emissions in 2015 (compared to 2009 levels), overseeing more than 1,500 community service events in 2015 and pledging to use 100 percent renewable energy by 2025 at VF owned and operated facilities.
More information about VF’s Sustainability & Responsibility program and actions can be found at http://sustainability.vfc.com/.
VF Corporation (NYSE: VFC) is a global leader in the design, manufacture, marketing and distribution of branded lifestyle apparel, footwear and accessories. The company’s highly diversified portfolio of 30 powerful brands spans numerous geographies, product categories, consumer demographics and sales channels, giving VF a unique industry position and the ability to create sustainable, long-term growth for our customers and shareholders. The company’s largest brands are The North Face®, Vans®, Timberland®, Wrangler®, Lee® and Nautica®. For more information, visit www.vfc.com.
About the 100 Best Corporate Citizen’s List
The 100 Best Corporate Citizens List was first published in 1999 in Business Ethics Magazine, and has been managed by CR Magazine since 2007. To compile the list, every company in the Russell 1000, the highest ranked stocks in the Russell 3000 Index of publicly held U.S. companies, is ranked according to 260 data points. The methodology for generating the list is governed by the Ratings and Rankings Thought Leadership Council of the Corporate Responsibility Association (CRA). See more at: http://www.thecro.com/100-best/cr-magazine-reveals-17th-annual-100-best-corporate-citizens-list/#sthash.uoWYswwk.dpuf
Director, Public Relations
Source: VF Corporation