VF Corporation Honored as one of the 2024 World’s Most Ethical Companies for an Eighth Consecutive Year by Ethisphere

VF Corporation, a prominent portfolio of lifestyle brands listed on the NYSE under VFC, has once again achieved the prestigious recognition of being one of the 2024 World’s Most Ethical Companies®, as conferred by Ethisphere, a global authority in defining and promoting ethical business standards.

Jenn Sim, VF’s Executive Vice President, General Counsel, and Secretary, emphasized the company’s commitment to integrity as a cornerstone of their business triumph. She stated, “At VF, living with integrity is foundational to our business success, guided by our Principles, and embedded in everything we do. 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 marks the eighth consecutive year that VF has received this recognition, solidifying its position as the exclusive honoree in the apparel industry for 2024. Among the 136 honorees acknowledged this year, spanning 20 countries and 44 industries, VF stands out as a beacon of ethical business practices.

Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair, expressed admiration for the commitment of these distinguished organizations to continually enhance their ethics, compliance, and governance practices. She noted, “Companies that elevate a 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.”

The rigorous evaluation process, grounded in Ethisphere’s proprietary Ethics Quotient®, involves a comprehensive questionnaire with over 240 proof points covering aspects such as culture of ethics, environmental, social, and governance (ESG) practices, ethics and compliance programs, diversity, equity & inclusion, and initiatives supporting a robust value chain. A panel of experts conducts further qualitative analysis, spending countless hours vetting and evaluating each applicant. This meticulous process serves as a framework to capture and codify genuinely best-in-class ethics and compliance practices across industries and around the globe.

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