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VF Corporation bags Corporate Statesmanship Award
03
Apr '18
Courtesy: VF Corporation
Courtesy: VF Corporation
VF Corporation, a global leader in branded lifestyle apparel, footwear, and accessories, has bagged the Corporate Statesmanship Award from the US Association of Former Members of Congress (FMC), a non-profit alliance of former US senators and representatives, on March 21, 2018, at FMC’s annual statesmanship awards dinner, which was held in Washington, DC.

The Corporate Statesmanship Award recognises outstanding corporate leadership and citizenship, including companies that exemplify service and commitment to improving the lives of others. VF received this recognition for its creation of the company’s Responsible Sourcing programme, a global collaborative approach to sourcing products responsibly, including collaborating with industry partners and multi-stakeholder organisations across 50 countries to maintain safe, healthy environments for workers, manufacturing products responsibly, and improving workers’ lives.

An integral component to VF’s Global Supply Chain organisation, the Responsible Sourcing programme ensures VF’s more than 1,000 contract suppliers and sourcing partners are operating with the same high standards VF sets for its owned and operated manufacturing operations. VF shares with its supply chain partners the company’s manufacturing best practices and know-how, and often serves as a consultant to help them continually improve their operations and environmental and socially responsible initiatives.

VF’s Responsible Sourcing programme comprises four focus areas namely worker rights and safety; product stewardship; environmental sustainability; and worker and community development.

Steve Rendle, VF’s chairman, president, and CEO said, “We are honoured to be recognised by the FMC for our work to improve the lives of apparel and footwear industry workers and their communities around the world. As one of the largest and leading companies in our sector, we recognise our unique opportunity to leverage our scale to affect positive changes that have a lasting impact and set a high standard for human rights and environmental responsibility.”

Cliff Stearns, FMC’s president said, “We are thrilled to recognise VF Corporation with our 2018 award. Steve and his team stand for the exact corporate global citizenship that we seek to highlight. They have demonstrated admirably how a group of leaders, united behind a commitment to combine product excellence with good stewardship, can set the industry-wide standard when it comes to environmental and labour values.” (GK)

Fibre2Fashion News Desk – India


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