the better cotton initiative
TRANSCRIPT
POWERFUL BRANDS. POWERFUL PLATFORMS. ONE VF.
BRADFORD VAN VOORHEES
Senior Manager, Supply Chain Sustainability
Better Cotton Initiative at VF Sasin – August, 20th 2015
» Global leader in branded lifestyle apparel and footwear
» Diverse portfolio of more than 30 powerful brands
» Business model built on powerful platforms that provide a unique competitive advantage and fuel for growth
ABOUT VF
OUR BRANDS
A FEW FACTS
$12.3B
2014 global revenues 59K
associates around the world
150 countries worldwide
NO.1 manufacturer of denim
~1,400
owned retail stores
$1.2B returned to shareholders in 2014
~1.3M units of apparel and footwear
produced every day
~600M yards of fabric purchased
every year – enough to wrap around the earth 13 times
Global Annual
Cotton Yield is
over 20m
Metric Tons
Grown in
around
85 Countries
Supporting
250 Million
people’s
livelihoods
2.4% of the
world’s crop lands are planted with
cotton
11% of the
world’s Insecticide
24% of the
world’s Pesticide
73% is grown
on irrigated land using fresh water
VF buys nearly 1% of the global cotton supply
Roughly 200,000 Metric Tons
Indirectly affecting over 2.5 million people
What is Sustainable Cotton for VF?
Improvements in one or more of the following areas:
• Environmental footprint
• Social conditions
• Economic livelihood 8
Major Sustainable Cotton Options: How They Compare
10 Confidential |
BCI Utilization 2013-2015 (in Metric Tons)
Energy Efficiency Identifying efficiencies and lowering our carbon footprint
666
2,489
12,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
2013 2014 2015
273%
382%
11 Confidential |
2014 Better Cotton by Country of Supplier (in Metric Tons)
Energy Efficiency Identifying efficiencies and lowering our carbon footprint
1017, 41%
42, 2%
711, 28%
180, 7%
165, 7%
375, 15%
India Turkey China Pakistan Italy Bangladesh
INTERNAL AND EXTERNAL BENEFITS
12
THANK YOU