VF Corporation Succeeds In Reducing Emissions Ahead of Schedule
(3BL Media/Justmeans) - The folks at VF Corporation are celebrating a landmark achievement. The global fashion retailer announced it managed to reduce its global emissions by 12 percent between 2011 and 2015, which more than doubles the original goal of five percent for the period. This translates into 38,000 tons of carbon prevented from entering the atmosphere.
How did the company manage this feat, despite massive expansion with around 500 extra sites and 40 percent increase through retail expansion? Partly due to a step-up in the use of clean energy and carbon offsets. Employee engagement through behavior changes in energy use, energy efficiency with LED lighting in retail stores, and technology upgrades in distribution centers also accounted for the reduction. VF also built energy efficient facilities with LEED certification.
VF's efforts have started to gain recognition from experts. CDP, the leading sustainability disclosure system, gave the company a “B” letter grade (on an A to F scale) in the 2016 assessment of environmental performance.
The major next step now is transitioning to a 100 percent renewable energy at its global facilities by 2025 as part of a commitment made in December 2015 when it joined the American Business Act on Climate Pledge.
“Surpassing our carbon reduction goal by such a large margin is further proof that VF is serious about sustainability and addressing the issue of climate change,” Eric Wiseman, VF’s Chairman and CEO said. “I’m extremely proud of the many individuals across VF whose actions contributed to these exceptional results.”
Image credit: VF