VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies.
“We are honored to be named as one of the 2023 World’s Most Ethical Companies for the seventh consecutive year and the only honoree in the apparel industry,” said Jenn Sim, VF’s Executive Vice President, General Counsel and Secretary. “This recognition demonstrates the shared commitment of our associates around the world who are living and leading with integrity every day. As always, our relentless focus on operating with the highest ethical standards will remain a foundational element of our performance-driven culture, which is grounded in purpose.”
VF has been recognized for the past seven years and is the only honoree in the apparel industry to be named this year. In 2023, 135 honorees were recognized spanning 19 countries and 46 industries.
“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to VF Corporation for earning a place in the World are Most Ethical Companies community.”
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.