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PVH Corp., commonly referred to as PVH, is a prominent player in the global textiles industry, with its headquarters situated in the United States. Established in 1881, the company has a long-standing history of innovation and growth, becoming a key leader in apparel and fashion. PVH’s core business encompasses designing, marketing, and distributing a wide range of clothing brands, including iconic names such as Calvin Klein and Tommy Hilfiger.
Operating across major regions worldwide, PVH is recognised for its commitment to quality and sustainability within the textiles sector. Its products are distinguished by their brand heritage and innovative approach to fashion, positioning PVH as a significant force in the global apparel market. With a strong market presence and notable achievements, PVH continues to shape the future of the textiles industry.
+27 vs industry average
Pvh’s score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Textile Manufacturing is among the most carbon-intensive industries
The Textile Manufacturing industry has reduced its overall emissions by 24% since 2018
Scope 3 accounts for ••• of total emissions.
PVH's total carbon emissions in 2023 were approximately 22,944,430,000 kg CO2e. This figure includes Scope 1, Scope 2, and Scope 3 emissions. The company's Scope 1 emissions amounted to about 9,271,000 kg CO2e, while Scope 2 emissions (market-based) totalled approximately 38,721,000 kg CO2e. The largest portion of PVH's emissions in 2023 came from Scope 3, which was approximately 22,566,620,000 kg CO2e. Purchased goods and services were the most significant contributor within Scope 3.
For 2022, PVH reported total emissions of approximately 25,428,830,000 kg CO2e, with Scope 1 at about 14,133,000 kg CO2e and Scope 2 (market-based) at approximately 42,603,000 kg CO2e. Scope 3 emissions for 2022 were approximately 25,003,000,000 kg CO2e.
In 2021, PVH's total emissions were approximately 23,633,900,000 kg CO2e, comprising Scope 1 emissions of about 13,011,000 kg CO2e, Scope 2 emissions of approximately 48,410,000 kg CO2e (market-based), and Scope 3 emissions of around 23,149,800,000 kg CO2e.
PVH has established several climate commitments. They aim to achieve net-zero emissions by 2050. Near-term targets include a commitment to reduce absolute Scope 1 and 2 greenhouse gas emissions by 70% by FY2030 from a FY2021 base year. Additionally, PVH has committed to reducing absolute Scope 3 greenhouse gas emissions by 42% within the same timeframe. They also aim to increase their annual sourcing of renewable electricity to 100% by FY2030, from 55% in FY2021. In a previous near-term target, PVH achieved a 58% reduction in Scope 1 and 2 emissions across owned and operated facilities from a 2017 baseline by 2021. The company also previously committed to a 30% reduction in absolute Scope 1, 2, and 3 GHG emissions by 2030 from a 2017 base year.
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2030
70% reduction in Scope 1
PVH commits to reduce absolute scope 1 GHG emissions 70% by FY2030 from a FY2021 base year.
2030
70% reduction in Scope 2
PVH commits to reduce absolute scope 2 GHG emissions 70% by FY2030 from a FY2021 base year.
2030
42% reduction in scope 3 total
PVH commits to reduce absolute scope 3 GHG emissions 42% within the same timeframe.
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Common questions about Pvh’s sustainability data and climate commitments
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