ETHISPHERE NAMES VF CORPORATION AS ONE OF THE 2024 WORLD’S MOST ETHICAL COMPANIES® FOR THE 8TH CONSECUTIVE YEAR
Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance and governance programs
DENVER – March 4, 2024 – VF Corporation (NYSE: VFC), a leading portfolio of lifestyle brands, has received the 2024 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
“At VF, living with integrity is foundational to our business success, guided by our Principles, and embedded in everything we do,” said Jenn Sim, VF’s Executive Vice President, General Counsel and Secretary. “This achievement is a testament to incredible work and commitment from many teams across VF to bring our company values to life and put ethical business practices at the center of business decisions. We are honored to be named as one of the 2024 World’s Most Ethical Companies again this year.”
This is the 8th consecutive year VF has been recognized and is the only honoree in the apparel industry to be named this year. In 2024, 136 honorees were recognized spanning 20 countries and 44 industries.
“It’s always inspiring to recognize the World’s Most Ethical Companies®. Through the rigorous review process, we see the dedication of these organizations to continually improving their ethics, compliance and governance practices to the benefit of all stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair. “Companies that elevate best-in-class culture of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to VF Corporation for achieving this honor and demonstrating that strong ethics is good business.”
Methodology & Scoring
The World’s Most Ethical Companies assessment is grounded in Ethisphere’s proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by a panel of experts who spend thousands of hours vetting and evaluating each year’s group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.
Honorees
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website at https://worldsmostethicalcompanies.com/honorees.
About VF Corporation
Founded in 1899, VF Corporation is one of the world’s largest apparel, footwear and accessories companies connecting people to the lifestyles, activities and experiences they cherish most through a family of iconic outdoor, active and workwear brands including Vans®, The North Face®, Timberland® and Dickies®. Our purpose is to power movements of sustainable and active lifestyles for the betterment of people and our planet. We connect this purpose with a relentless drive to succeed to create value for all stakeholders and use our company as a force for good. For more information, please visit vfc.com.
About the Ethisphere Institute
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, and deliver business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies build strong cultures of ethics and integrity. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also advances business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset reflecting the ethical business practices of 3+ million employees around the world; and the Ethics Quotient dataset, featuring 240+ data points highlighting the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit https://ethisphere.com.
VF Corporation Contact:
Colin Wheeler
Vice President,
Corporate Affairs & Communications
Colin_wheeler@vfc.com
Ethisphere Media Contact:
Anne Walker
VP, Media and Communications
Anne.Walker@Ethisphere.com
Source: VF Corporation
Released March 4, 2024