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VF Brands Advance Material Traceability
Yahoo Financeยท 2025-10-07 15:52
Core Insights - VF Corporation emphasizes its commitment to environmental and social responsibility, as highlighted in its 2025 Environmental and Social Responsibility Report [1][2] - The company is on track to meet its FY26 target for sustainable cotton sourcing, with 94% of cotton used in FY24 meeting these criteria, up from 89% in FY23 [2][3] Sustainable Sourcing - In FY25, VF plans to source 6,400 MT of regeneratively grown cotton, marking an 82% increase from FY24 [3] - Cotton constituted 16% of total materials sourced by VF in FY25, while polyester was the most utilized material at 19% [4] - VF achieved a significant milestone with 64% of polyester sourced from recycled materials in FY24, an increase from 48% in FY23 [4] Supply Chain Transparency - VF traced 75% of its leather supply chain from Tier 2 through Tier 5 in FY25, with 90% of footwear leather finishing tanneries audited by the Leather Working Group [5] - The company is focused on mitigating climate impacts across its operations and supply chain, having revalidated its targets with the Science-Based Targets initiative (SBTi) in FY25 [5]