MASHINIi

V.F. Corporation.

VFC.US | Manufacture of wearing apparel, except fur apparel

V.F. Corporation is a global apparel and footwear company that designs, manufactures, and markets a diverse portfolio of brands across various categories, including outdoor, active, and workwear. Their prominent brands include Vans, The North Face, Timberland, Dickies, and others. V.F. Corporation o...Show More

Ethical Profile

Mixed.

V.F. Corporation's ethical record is mixed. A December 2023 data breach allegedly impacted 35.5 million consumers. Over $469,000 in employment, environment, and safety penalties are linked to VFC. VF Northern Europe Ltd. reported a 20.8% mean gender pay gap; critics note no public living wage target. However, VFC aims to improve 1 million workers' lives by FY26 via wellbeing programs, including 30,000+ in nutrition initiatives. They target 100% sustainable cotton by 2026, phase out fur/cashmere, and aim for a 55% Scope 1&2 emissions reduction by 2030. Over 96,000 kg of single-use plastics were diverted in EMEA.

Value Scores

Better Health for All10
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-20
-100100
Honest & Fair Business10
-100100
Kind to Animals30
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-30
-100100
Respect for Cultures & Communities-30
-100100
Safe & Smart Tech-50
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

10

The company demonstrates exceptional recognition and support for mental health, offering comprehensive programs for all associates, including diverse therapy options, access to culturally sensitive providers, and training for leaders.

1
It is shifting to a proactive approach to mental health management.
2
Brands like JanSport, Vans, and Altra run campaigns to destigmatize mental health and promote its benefits.
3
The company also invests exceptionally in health literacy and public health education, reaching over 106,000 workers in FY2025 through BRAC trainings
4
, 29,800 workers in Bangladesh by July 2021
5
, and 6,500 workers in Cambodia in 2020 with health and nutrition awareness training
6
, resulting in a 50% increase in nutrition knowledge among workers.
7
Education also covers COVID-related information
8
, workplace standards
9
, safety
10
, and knowledge building for WASH services for workers and community members.
11
Furthermore, the company actively mitigates negative health externalities by minimizing environmental impacts, including diverting 27,000 tons of single-use plastic in FY25
12
and keeping thousands of products out of landfills through brand-specific programs.
13
The company's principal products, apparel and footwear, have a neutral direct health impact on consumers, and its risk transparency efforts focus on workplace and supply chain risks rather than product health risks.
14

Fair Money & Economic Opportunity

0

V.F. Corporation is a global apparel and footwear company.

1
The 'Fair Money & Economic Opportunity' value and its associated KPIs are designed to assess financial institutions or companies offering financial products and services to consumers. The provided evidence details V.F. Corporation's internal diversity initiatives, philanthropic grants, and programs supporting the well-being and financial literacy of its employees and supply chain workers. However, the articles do not contain information regarding the company's involvement in lending, insurance, or other financial services for external consumers, nor do they provide data on customer financial outcomes, pricing of financial products, or revenue from high-cost financial services. Therefore, no KPIs under this value can be scored based on the provided rubric and evidence.

Fair Pay & Worker Respect

0

In FY23, VF Corporation had 351 substantiated violations of its Code, policies, or the law globally, which included 55 substantiated discrimination/harassment cases.

1
The company's Total Recordable Injury Rate (TRIR) was 1.55 per 100 employees in FY23, with zero fatalities.
2
As of FY23, the company reported no meaningful difference in base pay between employees based on gender or race/ethnicity in the U.S., accounting for job title, geography, and full- or part-time status.
3
The same baseline result was achieved for gender in the Europe, Middle East, and Africa (EMEA) region.
4

Fair Trade & Ethical Sourcing

-20

VF Corporation audits 100% of its Tier 1 and approximately 70% of its Tier 2 supplier factories at least once per year.

1
In FY25, the company traced 61% of key materials volume across five tiers of its supply chain.
2
Contracts with supplier factories explicitly require compliance with VF's Global Compliance Principles, which forbid forced labor and human trafficking.
3
Each factory certifies compliance prior to becoming an approved contracted factory.
4
In FY23, 1.4% of VF’s addressable spend was directed to certified minority- and women-owned businesses.
5

Honest & Fair Business

10

V.F. Corporation has 10 independent directors out of a total of 11, resulting in 90.9% of its board members being conflict-free.

1
The company scored 162.8 out of 250 in the Fashion Transparency Index 2023, which is equivalent to 65.12 out of 100.
2

Kind to Animals

30

VF Corporation ensures high standards for animal-derived materials, with 99% of footwear leather finished in Leather Working Group Silver- or Gold-rated tanneries in 2018.

1
In the same year, 100% of its down was Responsible Down Standard (RDS) certified, and over ninety percent of its wool was certified to the ZQ standard or the Responsible Wool Standard (RWS).
2
The company also joined the Fur Free Retailer program in November 2017, partnering with the Fur Free Alliance, a coalition of 43 animal protection organizations, to champion fur-free standards.
3

No War, No Weapons

0

V.F. Corporation demonstrates strong human rights due diligence and alignment with international principles. The company conducts annual human rights due diligence across its supply chain, auditing 100% of Tier 1 and approximately 70% of Tier 2 supplier factories at least once per year, with 56% of these audits conducted by third parties.

1
It maintains a heightened focus on due diligence in regions with a higher reported risk of forced labor
2
and publishes human rights reports. VF Corporation formalized its Human Rights Commitment in 2019, aligning with the UN Guiding Principles on Business and Human Rights and the UN Global Compact.
3
The company also exceeds global humanitarian procurement benchmarks through its comprehensive compliance principles, anti-forced labor commitments, and a policy to reject factories with persistent safety, health, or labor issues.
4
For all other KPIs related to arms, defense, or conflict-specific activities, no evidence was found, which is consistent with the company's core business as an apparel and footwear manufacturer.

Planet-Friendly Business

-30

V.F. Corporation achieved an average waste diversion rate of 97% in all active company-owned and operated distribution centers by year-end FY22.

1
In FY22, 34% of its direct operations' electric power was sourced from renewable energy, an increase from 32% in FY21.
2
The company has SBTi-approved climate targets to reduce absolute Scope 1 and 2 GHG emissions by 55% and Scope 3 GHG emissions by 33% by FY2030 from a FY2017 base year.
3
The FY22 Sustainability & Responsibility report was informed by the Task Force on Climate-related Financial Disclosures (TCFD).
4

Respect for Cultures & Communities

-30

VF Corporation invested approximately 0.1355% of its FY23 revenue (nearly $16 million) in monetary grants and product donations in FY2024 for community development.

1
No cultural appropriation incidents have been reported.
2

Safe & Smart Tech

-50

V.F. Corporation experienced a major cybersecurity incident in December 2023

1
, which resulted in a data breach compromising 35.5 million customer records
2
, where personal information was accessed by attackers
3
. The company provides annual cybersecurity and information security training to associates with access to confidential information
4
. Its bug bounty program does not offer monetary rewards, focusing instead on researcher recommendations
5
.

Zero Waste & Sustainable Products

-30

Recycled material accounted for 64 percent of synthetics in 2024.

1
The company has implemented multiple waste reduction initiatives, including the Naked Delivery program, which delivered over 3 million products polybag-free and recycled over 30,000kg of plastic by November 2024.
2
The North Face brand's Polybag Brigade recycled over 5 million polybags, and its Re-Grind process uses leftover fabric scraps.
3
Additionally, seven brands in the EMEA region diverted approximately 96,000 kilograms of single-use packaging plastics from landfills in FY23.
4
Circular design principles are applied in some product lines, with The North Face launching its first Circular Design products in FY23.
5
The company has set waste reduction targets, such as eliminating all single-use plastic packaging by 2025
6
and aiming for all VF-owned distribution centers to be zero-waste by April 1, 2021.
7
No waste disposal violations have been reported in the past three years.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.