Pvh Sustainability Profile
PVH Corp, headquartered in the United States, is a leading global apparel company renowned for its diverse portfolio of iconic brands, including Calvin Klein and Tommy Hilfiger. Founded in 1881, PVH has evolved significantly, marking key milestones such as its expansion into international markets and strategic acquisitions that have solidified its market position. Operating primarily in the fashion and retail industry, PVH focuses on designing, marketing, and selling a wide range of products, from clothing to accessories. The company is distinguished by its commitment to innovation and sustainability, ensuring that its offerings resonate with modern consumers. With a strong presence in North America, Europe, and Asia, PVH continues to achieve notable success, making it a formidable player in the global fashion landscape.
DitchCarbon Score
How does Pvh'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 Textile Manufacturing 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
Pvh's score of 64 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pvh's reported carbon emissions
In 2023, PVH Corp., headquartered in the US, reported significant carbon emissions, totalling approximately 15,363,000 kg CO2e for Scope 1 and 38,721,000 kg CO2e for Scope 2 (market-based). The company has made substantial commitments to reduce its carbon footprint, aiming for net-zero emissions across all scopes by 2040. Notably, PVH achieved a 58% reduction in Scope 1 and 2 emissions from its 2017 baseline by 2021. For near-term targets, PVH has committed to a 70% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using FY2021 as the base year. Additionally, the company aims for a 42% reduction in absolute Scope 3 emissions within the same timeframe. Long-term, PVH targets a 90% reduction in absolute emissions across all scopes by 2040. These targets align with the Science Based Targets initiative (SBTi) and reflect PVH's commitment to sustainable practices within the textiles, apparel, footwear, and luxury goods sector. The company is also focused on increasing its sourcing of renewable electricity from 55% in FY2021 to 100% by FY2030, further enhancing its sustainability efforts.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 41,293,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 106,055,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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Pvh's Scope 3 Categories Breakdown
Pvh's Scope 3 emissions, which decreased by 26% last year and decreased by approximately 47% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 73% of Scope 3 emissions.
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Pvh's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Pvh has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
BIBA Fashion Limited
Frequently Asked Questions
Common questions about Pvh's sustainability data and climate commitments