VF Corporation Recognised As One Of The World’s Most Ethical Companies For 8th Year Running
Press release:
VF Corporation (NYSE: VFC), a leading portfolio of lifestyle brands and owner of Vans, has received the 2024 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
“At VF, living with integrity is foundational to our business success, guided by our Principles, and embedded in everything we do,” said Jenn Sim, VF’s Executive Vice President, General Counsel and Secretary. “This achievement is a testament to incredible work and commitment from many teams across VF to bring our company values to life and put ethical business practices at the center of business decisions. We are honored to be named as one of the 2024 World’s Most Ethical Companies again this year.”
This is the 8th consecutive year VF has been recognized and is the only honoree in the apparel industry to be named this year. In 2024, 136 honorees were recognized spanning 20 countries and 44 industries.
“It’s always inspiring to recognize the World’s Most Ethical Companies®. Through the rigorous review process, we see the dedication of these organizations to continually improving their ethics, compliance and governance practices to the benefit of all stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair. “Companies that elevate best-in-class culture of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to VF Corporation for achieving this honor and demonstrating that strong ethics is good business.”
Methodology & Scoring
The World’s Most Ethical Companies assessment is grounded in Ethisphere’s proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by a panel of experts who spend thousands of hours vetting and evaluating each year’s group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.
Honorees
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website at https://worldsmostethicalcompanies.com/honorees.