PVH : Foundation Joins Apparel Impact Institute Fashion Climate Fund as Newest Lead Funder
September 22, 2022 at 08:50 am EDT
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The PVH Foundation Joins Apparel Impact Institute Fashion Climate Fund as Newest Lead Funder
Sep. 22, 2022
The PVH Foundation is excited to join the Fashion Climate Fund as the newest lead funder with a $10 million contribution over eight years. The Fund unites fashion industry leaders to modernize the supply chain and reduce carbon emissions. PVH is committed to collaborating with peers and partners to make progress on the company's Forward Fashion strategy, while continuing to navigate an increasingly challenging global environment.
As part of Climate Week NYC 2022, PVH's Corporate Responsibility team will discuss the Fund and our progress in driving climate action at The Nest Summit Campus. The official event partner of Climate Week, the summit's mission is to convene leaders to share sustainability best practices and highlight actionable solutions.
"Our company purpose, to power brands that drive fashion forward for good, is at the core of our multiyear growth plan and has guided us for many years," says Stefan Larsson, PVH Corp. CEO. "We know that collaboration and funding are critical to driving solutions that address the fashion industry's contributions to climate change and are proud to be supporting the Fashion Climate Fund in this work."
The PVH Foundation's contribution to the Fashion Climate Fund will support supply chain improvements; these include transitioning to renewable electricity, improving energy efficiency, eliminating coal in manufacturing, scaling sustainable materials and practices, and accelerating next-generation materials. The Fund is led by the Apparel Impact Institute (Aii), of which PVH is a founding member.
PVH and its associates around the world are committed to move our business and the fashion industry toward a more innovative and responsible future. Learn more about the Fashion Climate Fund here.
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PVH Corp. published this content on 22 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2022 12:49:05 UTC.
PVH Corp. is a fashion company. The Companyâs main brands include Calvin Klein and Tommy Hilfiger. The Company designs and markets branded sportswear (casual apparel), jeanswear, performance apparel, intimate apparel, underwear, swimwear, dress shirts, handbags, accessories, footwear, and other related products. The Company manages its operations through its operating divisions, namely Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale. TOMMY HILFIGER represents the modern uniform for an aspirational lifestyle. The TOMMY HILFIGER brands principally consist of TOMMY HILFIGER and TOMMY JEANS. The Calvin Klein brands consist of Calvin Klein, Calvin Klein Jeans, Calvin Klein Underwear, Calvin Klein Performance and CK Calvin Klein. The Company sells its Calvin Klein and Tommy Hilfiger products through a variety of distribution channels, including wholesale, retail, and licensing.