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The U.S. based producer of branded lifestyle apparel, footwear and accessories, has been recognised as a ‘2017 World’s Most Ethical Company’, scoring high in the five categories of ethics and compliance, corporate citizenship and responsibility, culture of ethics, governance and leadership, innovation and reputation.
VF Corp, owner of the Timberland brand, has been recognised as a ‘2017 World’s Most Ethical Company’ by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. VF is one of the three apparel companies to make the list, along with H&M (Hennes & Mauritz), and Levi Strauss & Co.
“Over the last 11 years, we have seen the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate. We have also seen how companies honoured as the World’s Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus on long term-ism as a sustainable business advantage,” said, Timothy Erblich, CEO, Ethisphere.
Established in 2007, a total of 124 companies across five continents, 19 countries and 52 industry sectors were honoured by the institute in 2017.