Geneva, Switzerland 23 June 2023 – VF Corporation has joined over 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD).
VF Corporation is a USD $11.6 bn company that leads globally in branded lifestyle apparel, footwear, and accessories. The company is present in 125+ countries and operates about 1260+ retail stores worldwide with a family of 12 iconic outdoor, active and workwear brands including Vans®, The North Face®, Timberland® and Dickies®. The company’s purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet.
VF Corporation’s collaboration with WBCSD signifies the company’s commitment to sustainability and its dedication to using its influence to inspire positive change within the industry and beyond.
"At VF, our long-lasting commitment to sustainability is deeply rooted in our corporate values and strategy and serves as a guiding principle for our operations," said Martino Scabbia Guerrini -Executive Vice President, President EMEA, APAC & Emerging Brands at VF Corporation. "It is with great pleasure and enthusiasm that we announce our membership with WBCSD, as we understand that our company's leading role can inspire change within our industry and beyond. We are committed to using our influence to advocate for sustainability and to set new standards that positively shape the future of our planet."
Through this membership, VF Corporation will collaborate with WBCSD members to exchange knowledge, best practices, and innovative ideas that contribute to the creation of the building blocks of business systems transformation.
As a WBCSD member, VF Corporation will aim to leverage its expertise, resources, and influence to drive meaningful impact. The company recognizes that collaborations like these are essential to achieving significant progress in accelerating the transition to a sustainable world.
"We are seeking collaborative spaces that drive action and impact in very tangible ways," added Martino Scabbia Guerrini, VF Corporation.
“In order to limit the impact of the climate crisis, restore nature and tackle inequality, it is crucial to work together to address these complex issues. By becoming part of WBCSD, VF Corporation will connect with nodes in a web that have the power to influence and set the bar for others to transform systems. We are excited to welcome VF Corporation as part of a high-quality network of business leaders that will work toward a world where 9+ billion people are living well, within planetary boundaries, by mid century,” said Peter Bakker, President & CEO, WBCSD.
VF Corporation, as part of its objective within WBCSD, endeavors to play a role in the decarbonization process while upholding nature preservation and promoting equity. The corporation is implementing measures across its value chain to attain a Sustainable Materials Vision, which aims to have its leading materials originate from regenerative, responsibly sourced renewable or recycled sources as a key pathway to meeting its Science-Based Targets.
Furthermore, VF Corporation is concentrating on innovating circular design, recommerce and packaging solutions, and promoting interaction with stakeholders.