PVH Corp. published its 2023 Corporate Responsibility Report, outlining progress against its environmental, social, and inclusion and diversity targets. The report covers operations from January 30, 2023, to February 4, 2024.
Key achievements include a 22% reduction in Scope 1 and 2 greenhouse gas emissions against a 2021 baseline, and 64% global renewable electricity coverage across owned and operated facilities. The company also reported a 2% reduction in Scope 3 emissions.
The report introduced new targets, such as reaching net-zero GHG emissions across the value chain by 2040, with a 90% absolute reduction from a 2021 base year. PVH also aims to reduce average packaging weight by 20% by 2030 and ensure a minimum of 75% of packaging weight is made with recycled content by 2030.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.