At PVH, Corporate Social Responsibility (CSR) is about collaborating with associates and external partners to deliver positive impacts from source to store – empowering people, preserving the environment and supporting communities.
CSR is a fundamental tenet to our business and a key consideration in making decisions. We have been promoting human rights and worker health and safety for over 20 years, and we continue to seek industry change through various CSR initiatives. For the past six years we have been included on CR Magazine's "100 Best Corporate Citizens" list, and in 2014, PVH was ranked #32 on the list.
As an industry leader, we understand our obligation to advance and maintain sustainable business practices that take into account the interests of all of our stakeholders. We also believe that our dedication to CSR will become a key competitive advantage as we strive to deliver future growth and stockholder value. Looking ahead, we are broadening our approach to CSR to account for social, environmental and community impacts across the entire "lifecycle" of our products and at every stage of our operations.
During 2013, PVH undertook several new CSR initiatives as the acquisition of Warnaco created unique integration challenges, including increased scale, supplier base, product offerings and number of countries of operation. We assumed a key role as one of the first companies to commit to the Accord on Fire and Building Safety in Bangladesh, a legally binding initiative through which brand owners, retailers, international unions and factory worker representatives are working together alongside factory management, industry associations, government and other non-governmental organizations to prevent fire, electrical and building structural failures in the local readymade garment industry. We also created a Chemicals Management Commitment and Action Plan and joined a coalition of leading brands, which is committed to eliminating harmful chemicals from manufacturing processes and products by 2020.
We report publicly on our CSR accomplishments, challenges and goals to generate awareness, dialogue and engagement toward better practices.
CA Transparency in Supply Chains Act Disclosure
The California Transparency in Supply Chains Act of 2010 (SB 657) requires us to disclose our efforts to eradicate slavery and human trafficking from our direct supply chain for the products we sell.