PVH Corporation, the well-known owner of global brands Calvin Klein and Tommy Hilfiger, has recently unveiled its annual corporate responsibility report. The report focuses on key areas such as transparency, data disclosure, sustainability, and diversity objectives. PVH is firmly committed to fostering an inclusive environment where every individual is respected and their opinions are valued.

This marks the twelfth corporate responsibility report released by PVH and the first following the introduction of its “Forward Fashion” CR strategy last year. The report reflects a significant increase in data disclosure and transparency with regards to workforce inclusivity and diversity in terms of gender and ethnicity. PVH believes that this enhanced transparency is a crucial step towards achieving meaningful progress in ensuring equal representation for all individuals and communities.

The report highlights one of PVH’s major accomplishments, which is attaining gender parity in leadership roles, particularly at and above the VP level. Moving forward, the company aims to achieve gender parity at the most senior levels, namely SVP and above. PVH Chairman and CEO, Manny Chirico, expressed the company’s unwavering commitment to transparency and advancement, acknowledging that there is still much work to be done. The company plans to publish a set of targets focused on racial equality, representation, and advancement in the coming months, while also sharing the actions being taken across the organization to meet these targets.

In addition to its focus on personnel, PVH has also provided data on living wages for workers in its supplier factories for the first time. This demonstrates the company’s dedication to ensuring fair wages and improved working conditions for individuals in its supply chain. PVH also revealed significant progress in its environmental goals. It has already reached the halfway point towards its target of sourcing 100% sustainable cotton by 2025. Furthermore, PVH has successfully conducted waste audits, which will guide its efforts towards achieving zero waste at all of its offices, distribution centers, and stores by 2030. The company’s absolute greenhouse gas emission reduction targets have been approved by the Science Based Target initiative, aligning them with the ambitious decarbonization goals set by the Paris Agreement.

Manny Chirico expressed his pride in the progress made by PVH over the past year and emphasized the company’s determination to achieve its Forward Fashion goals. The next corporate responsibility report will undoubtedly showcase further positive impacts and continued commitment to the highest standards.

In conclusion, PVH Corporation’s latest corporate responsibility report underscores its dedication to transparency, sustainability, and diversity objectives. Through increased data disclosure and transparency, PVH is taking significant strides towards achieving meaningful progress and equal representation for all individuals and communities. With its ongoing commitment to improvement, PVH is aiming to make a positive impact while holding itself accountable to the highest standards.

Useful links:
1. PVH Corporation Official Website
2. PVH Corporate Responsibility and Sustainability Information