Green Bond

What is a Green Bond?

Green bonds are used to support projects that reduce environmental impacts and advance sustainability initiatives.

In accordance with the requirements outlined in the ICMA Green Bond Principles (GBP) 2018, details on green bonds issued by VF Corporation can be found in VF’s Green Bond Framework, and Second Party Opinion

The eligible categories: Sustainable Products & Materials, Sustainable Operations & Supply Chain and Natural Carbon Sinks are aligned with those recognized as impactful by the GBP 2018 per Sustainalytics’ Second Party Opinion, namely eco-efficient and/or circular economy adapted products, production technologies and processes, renewable energy, energy efficiency, green buildings, sustainable water, pollution prevention and control, and environmentally sustainable management of living natural resources and land use.

An amount equal to the net proceeds from green bonds will fund key initiatives to advance VF’s sustainability agenda outlined in VF’s 2018 Made for Change Sustainability & Responsibility Report, and deliver progress toward the achievement of VF’s sustainability goals including recently announced Science-Based Targets.