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PVH becomes part of RE100 for renewable electricity

23
Sep '18
Courtesy: Climate Group
Courtesy: Climate Group
PVH Corp, one of the largest apparel companies and owner of iconic brands including Calvin Klein, Tommy Hilfiger, Van Heusen, Speedo, Warner’s and Izod, has become part of RE100, a global corporate leadership initiative moving businesses toward 100 per cent renewable electricity. The company has also committed to the Science Based Targets initiative (SBTi).

PVH has set an ambitious target to source 100 per cent renewable electricity throughout owned-and-operated offices, distribution centres and stores globally by 2030, with an interim goal of 50 per cent renewable electricity by 2025.

RE100 is led by the Climate Group in partnership with CDP.

SBTi is a partnership between CDP, United Nations Global Compact, World Resources Institute and WWF, which helps companies set greenhouse gas reduction targets to limit global warming to below 2 degrees Celsius.

“Climate change is one of the greatest challenges facing the world today. As a leader in the apparel industry, we believe that we have a responsibility to limit our environmental impact, support cleaner energy alternatives, and mitigate the negative impacts of greenhouse gas emissions,” said chairman and CEO Emanuel Chirico. “Joining RE100 and the Science Based Targets Initiative are important – and meaningful - steps in our ongoing sustainability journey, leading us toward a circular, low-carbon economy.”

Corporate responsibility is a key pillar of PVH and is central to how the company conducts business. There is an organisation-wide emphasis on making positive impacts on people, the environment and communities, and being transparent in its efforts.

“By joining RE100 and transitioning to 100 per cent renewable electricity, PVH is taking a lead on sustainable clothing. With some of the best-known names in fashion – such as Calvin Klein, Tommy Hilfiger and Speedo – all covered by this commitment, there is no doubt that going ‘all in’ on renewable electricity is the future of the apparel industry, bolstering brand reputation and delivering the sustainable approach that consumers increasingly want to see.” said Mike Peirce, corporate partnerships director, the Climate Group. (SV)

Fibre2Fashion News Desk – India


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