VF Corp. said today it joined 72 other companies in a bid to become more sustainable and reduce their total impact on the environment. The move is part of the White House’s American Business Act on Climate Pledge.
“Climate change is the defining issue of our generation and its effects threaten the health of our planet and global economy,” said Letitia Webster, VF’s senior director of global corporate sustainability and responsibility, in a statement. “VF is proud to join the American Business Act on Climate Pledge and further demonstrate our commitment to addressing climate change by implementing sustainable low-carbon, energy efficient solutions within our business.”
VF was added to the list along with Kohl’s and Amazon.com.
The total number of businesses now participating comes to 154 companies — ranging from Starbucks to Nike — that have agreed to show support for action on climate change.
In total, that amounts to nearly 11 million people and represents $4.2 trillion in annual revenue with a combined market capitalization of $7 trillion, according to the White House.
“The impacts of climate change are already being felt worldwide. Nineteen of the 20 hottest years on record occurred in the past two decades. Countries and communities around the world are already being affected by deeper, more persistent droughts, pounded by more severe weather, inundated by bigger storm surges, and imperiled by more frequent and dangerous wildfires,” the White House said.
“Rising temperatures can lead to more smog, longer allergy seasons, and an increased incidence of extreme-weather-related injuries, all of which imperil public health, particularly for vulnerable populations like children, the elderly, the sick, the poor, and some communities of color. No corner of the planet and no sector of the global economy will remain unaffected by climate change in the years ahead.”
For its part, VF Corp. said it pledged to use 100 percent renewable energy by 2025 at its owned and operated facilities.
Additionally, the Greensboro, N.C.-based company will invest in energy efficiency and improve energy productivity. The firm said 85 percent of its 1,480 owned and operated retail stores use LED lighting and that it plans to continue the construction and utilization of LEED-certified buildings globally.