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 81% 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. reported total emissions of approximately 1,536,300,000 kg CO2e, which includes Scope 1 emissions of about 15,363,000 kg CO2e and Scope 2 emissions of approximately 38,721,000 kg CO2e (market-based). The company has not disclosed Scope 3 emissions data for this year. PVH has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 70% by 2030 from a 2021 baseline. Additionally, PVH aims to achieve a 42% reduction in absolute Scope 3 emissions within the same timeframe. The company also plans to increase its annual sourcing of renewable electricity from 55% in FY2021 to 100% by FY2030. In a significant achievement, PVH reported a 58% reduction in Scope 1 and 2 emissions across owned and operated facilities from its 2017 baseline by 2021. Furthermore, the company has committed to a long-term target of reducing absolute Scope 1, 2, and 3 emissions by 90% by 2040, also from a 2021 base year. These targets align with the Science Based Targets initiative (SBTi) and reflect PVH's commitment to addressing climate change within the textiles, apparel, footwear, and luxury goods sector.
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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.
Hermes
BIBA Fashion Limited
Frequently Asked Questions
Common questions about Pvh's sustainability data and climate commitments
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