PVH Chairman and CEO Recognized for Corporate Responsibility Leadership
“I’m honored to receive this award but it is a testament to the great work and deep commitment of our incredible and dedicated associates around the world,” said Mr. Chirico. “We believe corporate responsibility helps strengthen our organization by managing risk, maximizing efficiencies and driving value in a rapidly changing world. I believe that through our CR efforts, we can continue to create value for both society and our stockholders.”
The award recognizes PVH’s progress working with various stakeholders to
drive positive impacts around the world. PVH’s CR program is structured
with 10 commitments across three key focus areas: empowering people;
preserving the environment; and supporting communities. The commitments
support 14 of the UN’s 17 Sustainable Development Goals, covering issues
such as building safety, chemical management, greenhouse gases,
inclusion and diversity, and supporting the needs of women and children.
Recent highlights include PVH’s Global Supply Chain team’s efforts to
help create a “best-in-class” apparel manufacturing industry in
In addition to PVH’s external partnerships, the Company continues to
drive internal efforts on corporate responsibility, including
calculating for the first time greenhouse gas emissions at all of its
facilities and inclusion and diversity initiatives focused on providing
an environment where every individual is valued. PVH also launched
globally in 2015
About the Award
All award winners were nominated by members of the CR community and selected by an independent judging panel comprised of previous winners and industry leaders.
To determine the winners, judges considered multiple facets of the standards referenced above, including the scope of the CEO's impact on their organization and community, the extent to which the CEO drove this initiative, and the individual reputational or professional risk taken by the CEO.
“Today’s business landscape requires CEOs to maintain a balance between
their commitment to investors and shareholders and their desire to
ensure that their company’s daily actions exceed the requirements and
responsibilities of corporate citizens," said
The 2016 award winners were honored at
About
With a history going back over 130 years,
*The Speedo brand is licensed for
About
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995: Forward-looking statements in this press release, including,
without limitation, statements relating to its plans, strategies,
objectives, expectations and intentions are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act of
1995. Investors are cautioned that such forward-looking statements are
inherently subject to risks and uncertainties, many of which cannot be
predicted with accuracy, and some of which might not be anticipated,
including, without limitation: (i) the Company’s plans, strategies,
objectives, expectations and intentions are subject to change at any
time at the discretion of the Company; (ii) the Company may be
considered to be highly leveraged and uses a significant portion of its
cash flows to service its indebtedness, as a result of which the Company
might not have sufficient funds to operate in the manner it intends or
has operated in the past; and (iii) other risks and uncertainties
indicated from time to time in the Company’s filings with the
The Company does not undertake any obligation to update publicly any forward-looking statement, whether as a result of the receipt of new information, future events or otherwise.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161020006628/en/
Source:
Media / Investors:
PVH Corp.
Dana Perlman,
(212) 381-3502
investorrelations@pvh.com