V.F. Corporation
V.F. Corporation, commonly known as VFC, is a leading global apparel and footwear company headquartered in the United States. Founded in 1899, VFC has established a strong presence in the outdoor and lifestyle sectors, with major operational regions spanning North America, Europe, and Asia. The company is renowned for its diverse portfolio of iconic brands, including The North Face, Timberland, Vans, and Icebreaker, each offering unique products that blend performance with style. V.F. Corporation has achieved significant milestones, such as its commitment to sustainability and innovation, positioning itself as a market leader in the outdoor and active lifestyle industries. With a focus on high-quality materials and cutting-edge design, VFC continues to set trends while maintaining a strong dedication to environmental responsibility.
DitchCarbon Score
How does V.F. Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Apparel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
V.F. Corporation's score of 92 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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V.F. Corporation's reported carbon emissions
In 2023, VF Corporation reported total greenhouse gas emissions of approximately 5,214,168,000 kg CO2e, with emissions distributed across various scopes: 9,944,000 kg CO2e for Scope 1, 39,224,000 kg CO2e for Scope 2 (market-based), and about 5,165,000,000 kg CO2e for Scope 3. This reflects a significant commitment to addressing climate change, as the company has set ambitious targets to reduce its carbon footprint. VF Corporation aims to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. To support this goal, the company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 55% by FY2030, using FY2017 as the baseline. Additionally, it plans to cut absolute Scope 3 emissions from purchased goods and services, as well as upstream transportation and distribution, by 33% within the same timeframe. Long-term, VF Corporation is committed to a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by FY2050, again using FY2017 as the reference year. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, VF Corporation's climate commitments reflect a proactive approach to sustainability within the textiles, apparel, and footwear sector, demonstrating leadership in reducing greenhouse gas emissions and addressing climate change challenges.
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| 2017 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 21,062,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 67,351,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 4,584,688,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
V.F. Corporation is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
