×
59 938
Fashion Jobs
COTY
Commercial Finance Analyst, fp&a
Permanent · Miami
JCPENNEY CAREERS 2018
Merchandise Planner - Women's Apparel
Permanent · Plano
MARC JACOB'S
Sales Supervisor
Permanent · Los Angeles
MARC JACOB'S
Sales Supervisor
Permanent · Chandler
ESTEE LAUDER
Director, Global Marketing Skincare
Permanent · New York
NORDSTROM
Asset Protection Agent - Canyon Springs Rack (Riverside, ca)
Permanent · Riverside
PUMA
Junior Manager, Marketing - Ecomm (CRM/Sms)
Permanent · Somerville
CENTRIC BRANDS
Manager, Sales Operations
Permanent · New York
LULULEMON
Assistant Manager, Operations | Southport, Chicago
Permanent · Chicago
DISTRIBUTION CENTERS
Studio Coordinator
Permanent · Dallas
OLD NAVY
District Manager - Kansas City
Permanent · San Francisco
OLD NAVY
District Manager - Kansas City
Permanent · Kansas City
OLD NAVY
General Manager - Shoppes at Gilbert
Permanent · Gilbert
OLD NAVY
Asset Protection Service Representative - Upper Darby
Permanent · Upper Darby
OLD NAVY
Assistant General Manager - n Georgia Premium
Permanent · Dawsonville
OLD NAVY
General Manager - Hilliard
Permanent · Hilliard
OLD NAVY
Assistant Manager, Customer Operations - Pavilion @ Durbin Park
Permanent · Saint Johns
OLD NAVY
General Manager - Oklahoma City Outlets
Permanent · Oklahoma City
OLD NAVY
Assistant Manager, Customer Operations - Peninsula Center
Permanent · Rolling Hills Estates
OLD NAVY
Assistant General Manager, Merchandising - Firewheel t/c
Permanent · Garland
OLD NAVY
General Manager - Great Mall
Permanent · Milpitas
OLD NAVY
General Manager - Broadway Plaza
Permanent · Walnut Creek
Published
Feb 19, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

VF Corp allocates 493 million euros to sustainability initiatives

Published
Feb 19, 2021

VF Corporation, the Denver, Colorado-based owner of brands including Vans, The North Face and Timberland, has announced that it has allocated all of the net proceeds from its inaugural green bond, issued last year, to 13 of its sustainability projects.


VF's green bond is part of the company's wider "Made for Change" strategy - Instagram: @timberland

 
According to the company, its green bond proceeds totaled 493 million euros (approximately $596 million) and were used to fund projects that drive meaningful positive environmental impacts.
 
Initiatives supported by the bond have included the planting of 2 million trees, a reduction of 16,000 metric tonnes of carbon dioxide through the procurement of sustainable materials, and the saving of more than 970 million liters of water via conservation efforts.

Part of the company’s wider “Made for Change” sustainability and responsibility strategy, VF’s inaugural green bond – the first in the apparel and footwear industry –  was issued in February 2020.
 
“We take great pride in being the first company in the apparel and footwear industry to issue a green bond,” said VF EVP and CFO Scott Roe in a release. “We believe that business success and environmental stewardship are closely linked together, demonstrated by the success of this effort which has enabled us to advance progress toward achieving our science-based targets while also strengthening our business for the long term.”
 
The bond, which was issued in accordance with the ICMA Green Bond Principles 2018, is aligned with VF’s three key sustainability targets: sustainable products and materials; sustainable operations and supply chain; and natural carbon sinks.
 
The company’s Green Bond Framework was reviewed by Sustainalytics, a leading global provider of sustainability research and services, which determined that the framework is “credible and impactful.”

Copyright © 2022 FashionNetwork.com All rights reserved.