Goals

Modest Achievements. Growing Aspirations.

Our approach to setting sustainability and responsibility goals is ambitious yet pragmatic. We strongly believe that we must build goals around sustainability and responsibility in the same way as we approach other business goals: incrementally.

18000At VF, we are continually refining and adapting our programs, policies and processes to accomplish our sustainability goals.

One of VF’s greatest challenges is aligning and balancing our goals for business growth with our sustainability actions. To date, our goals and achievements have been modest, mostly in the areas of data collection, energy efficiency and responsible sourcing.

SPOTLIGHT

VF GOALS AND PROGRESS-TO-DATE

• We have compiled a full Greenhouse Gas (GHG) inventory in accordance with the WRI/WBCSD Greenhouse Gas (GHG) Protocol as well as supporting technical guidance from the US EPA Climate Leaders Program Design Principles (2008) and The Climate Registry General Reporting Protocol 2.0 for specific core modules (e.g., stationary and mobile combustion, fugitive emissions).

• Since 2009, we have reduced our direct greenhouse gas emissions by more than 12 percent in 2015 from a 2009 baseline, while growing revenue 75 percent in the same time period and adding approximately 400 more facilities. This significant decrease is the result of investments in our owned facilities such as LED lighting retrofits, more efficient HVAC installations, carbon offsets and renewable energy purchasing and installations.

• Since 2009, we have saved more than one million transit miles by maximizing container utilization.

• VF has also set a new renewable energy goal to use 100 percent renewable energy at our owned and operated facilities by 2025.

• All new, large-scale VF facilities are to meet Leadership in Energy & Environmental Design (LEED) or Building Research Establishment Environmental Assessment Methodology (BREEAM) green building certification levels. This includes our EMEA headquarters in Stabio, Switzerland, which is LEED Platinum.

• In 2015, VF helped more than 3,000 cotton farmers produce over 2,300 metric tons of sustainable cotton through the Better Cotton Initiative, an organization that promotes sustainable farming methods and improved livelihoods for farmers. Of the cotton produced on the VF supported farms, over 1,500 metric tons went directly into our supply chain for denim fabrics. In addition to the direct farm level support, VF will procure 15,000 metric tons of sustainable cotton in 2016 from farmers around the world. This equates to approximately 7.5 percent of our cotton coming from sustainable sources.

• By the end of 2015, 100 percent of owned sites will have recycling programs.

• We will have a 20 percent reduction in waste to landfill by 2015; 40 percent reduction by 2020.

• We will develop a forest derived materials policy and environmental purchasing policy to be published by the early 2017.

• Since 2014, the number of locations that compost has more than doubled.

• In 2015, our office paper was 84% certified and corrugate was 97% certified and/or recycled. In working towards our 2015 and 2016 forestry product goals, we hit some headwinds with the complexity of the marketplace and the variety of forestry products we procure. This has led us to develop a comprehensive policy to address these issues that will be published at the end of 2016.

WHAT’S NEXT
Moving forward, we will be setting new goals informed by the data in our Sustainability and Responsibility Scorecard. Launched in April 2014, the scorecard allows us to develop goals informed by heavy duty analysis, methodical data collection and meaningful collaboration with our brands. With the infrastructure for future company-wide goals now in place, our next priority is to set goals for our product sustainability and our water and waste programs.

To further ensure we’re setting realistic but aggressive goals, we work extensively with VF’s sustainability council to build our objectives from the ground-up and collaborate with our external stakeholders to ensure our goals stretch us to do more.

DATA MEASUREMENT: THE SUSTAINABILITY AND RESPONSIBILITY SCORECARD
To inform sustainability goal setting at VF, in 2014 VF launched the company-wide VF Sustainability & Responsibility Scorecard Project that allows us to collect data and information on current sustainability-related practices from all of VF’s owned and operated facilities, brands and functional teams.

The scorecards rely on self-reporting and, thus, were designed with restricted entry and required fields to prevent incorrect responses from being made and important questions from being intentionally or unintentionally skipped. For almost every question where numerical values were requested, associates were required to upload documentation to support the numbers and answers they had self-reported. For future iterations of the scorecard, we are investigating several different options to help provide a more robust survey validation environment such as requiring electronic signatures and integrating a second level review process.