PVH ADDRESSES SOCIAL AND ENVIRONMENTAL ISSUES IN EIGHTH CORPORATE RESPONSIBILITY REPORT

PVH Corp. has released its eighth annual Corporate Responsibility (CR) report, which features an enhanced global CR strategy to address social and environmental issues that most affect PVH and provides an update on the progress on its 2015 initiatives. The report is available online at http://www.pvh.com/CR.

PVH’s CR program is structured with 10 commitments across three key focus areas: empowering people; preserving the environment; and supporting communities. The strategies support 14 of the United Nation’s 17 Sustainable Development Goals, covering issues such as building safety, chemical management, greenhouse gases, inclusion and diversity, and supporting the needs of women and children. Further, the report places a strong emphasis on the need to move beyond compliance to achieve sustainable protection of the rights, dignity and livelihoods of the nearly one million workers in PVH’s supply chain.

2015 initiatives detailed in the report highlight how PVH is working with various stakeholders to drive positive impacts around the world. These include the Global Supply Chain team’s efforts to help create a “best-in-class” apparel manufacturing industry in Ethiopia; Tommy Hilfiger partnering with the World Wide Fund for Nature to help safeguard water resources in the Taihu and Mekong river basins; Speedo partnering with Italian yarn maker Aquafil and Chinese supplier Parawin to transform nylon factory remnants into new swimsuits; and PVH’s role as the “lead” brand owner for the Accord on Fire and Building Safety in Bangladesh in all factories where the company has production.

In addition to these external partnerships, the company continues to drive internal efforts on CR, including calculating for the first time greenhouse gas emissions at all of its facilities and inclusion and diversity initiatives focused on providing an inclusive environment where every individual is valued. 2015 also saw the global launch of PVH University online to expand learning and development opportunities for the 9,000 office-based associates.

“We believe corporate responsibility helps strengthen our organization by managing risk, maximizing efficiencies and driving value in a rapidly changing world,” said Emanuel Chirico, chairman and CEO. “I believe that through our collective efforts, we can continue to create value for both society and our business.”