Pvh

In 2023, PVH's total reported greenhouse gas emissions were approximately 2.29 billion kg CO2e. This included Scope 1 emissions of about 9.27 million kg CO2e, Scope 2 emissions (market-based) of approximately 38.72 million kg CO2e, and Scope 3 emissions of roughly 2.26 billion kg CO2e.

PVH has set several climate commitments. The company aims to achieve net-zero greenhouse gas emissions across its value chain by financial year 2040, with a long-term Science Based Target initiative (SBTi) commitment to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2040 from a FY2021 base year.

For near-term targets, PVH commits to reducing absolute Scope 1 and 2 GHG emissions by 70% by FY2030 from a FY2021 base year. Additionally, the company aims to reduce absolute Scope 3 GHG emissions by 42% within the same timeframe. PVH also plans to increase its annual sourcing of renewable electricity from 55% in FY2021 to 100% by FY2030.

Previously, PVH achieved a 58% reduction in Scope 1 and 2 emissions across owned and operated facilities between 2017 and 2021.