PVH Corp. has set an ambitious target to source 100 percent renewable electricity throughout its owned-and-operated offices, distribution centers and stores globally by 2030, with an interim goal of 50 percent renewable electricity by 2025.
The company, which owns brands including Calvin Klein, Tommy Hilfiger, Van Heusen and Izod, has joined RE100, a global corporate leadership initiative moving businesses toward 100 percent renewable electricity. Led by The Climate Group in partnership with Carbon Disclosure Project (CDP), RE100 is a collaborative initiative bringing together influential businesses committed to 100 percent renewable power.
As Mike Peirce, corporate partnerships director for the Climate Group, explained, the move points to PVH “taking a lead on sustainable clothing.”
“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,” Peirce said.
Major companies such as Walmart and Levi Strauss & Co., have made major commitments in recent months to reduce carbon emissions and shift to renewable energy sources. PVH also said it has committed to the Science Based Targets initiative (SBTi), a partnership between CDP, the 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,” PVH chairman and CEO Emanuel Chirico said. “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.”
PVH, which has 36,000 associates operating in more than 40 countries and nearly $9 billion in annual revenues, said corporate responsibility is central to how the company conducts business, with an organization-wide emphasis on making positive impacts on people, the environment and communities, and being transparent in its efforts.
In that regard PVH was selected this month as one of two winners of the 2018 U.S. Secretary of State’s Award for Corporate Excellence, an achievement recognizing U.S. firms that uphold high standards of responsible business conduct. PVH received the Sustainable Operations award as lead investor of a best-in-class apparel manufacturing facility in Hawassa, Ethiopia.
The Hawassa Industrial Park is expected to result collectively in 60,000 jobs within a few years and features state-of-the-art machinery focused on environmentally advanced practices. The park’s Zero Liquid Discharge effluent treatment facility recycles more than 90 percent of the wastewater produced in the park. This helps preserve Lake Hawassa, which serves as the community’s water supply and is the center of the local ecosystem.