the better cotton initiative

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POWERFUL BRANDS. POWERFUL PLATFORMS. ONE VF. BRADFORD VAN VOORHEES Senior Manager, Supply Chain Sustainability Better Cotton Initiative at VF Sasin – August, 20 th 2015

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Page 1: The Better Cotton Initiative

POWERFUL BRANDS. POWERFUL PLATFORMS. ONE VF.

BRADFORD VAN VOORHEES

Senior Manager, Supply Chain Sustainability

Better Cotton Initiative at VF Sasin – August, 20th 2015

Page 2: The Better Cotton Initiative

» 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

Page 3: The Better Cotton Initiative

OUR BRANDS

Page 4: The Better Cotton Initiative

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

Page 5: The Better Cotton Initiative

Global Annual

Cotton Yield is

over 20m

Metric Tons

Grown in

around

85 Countries

Supporting

250 Million

people’s

livelihoods

Page 6: The Better Cotton Initiative

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

Page 7: The Better Cotton Initiative

VF buys nearly 1% of the global cotton supply

Roughly 200,000 Metric Tons

Indirectly affecting over 2.5 million people

Page 8: The Better Cotton Initiative

What is Sustainable Cotton for VF?

Improvements in one or more of the following areas:

• Environmental footprint

• Social conditions

• Economic livelihood 8

Page 9: The Better Cotton Initiative

Major Sustainable Cotton Options: How They Compare

Page 10: The Better Cotton Initiative

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%

Page 11: The Better Cotton Initiative

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

Page 12: The Better Cotton Initiative

INTERNAL AND EXTERNAL BENEFITS

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THANK YOU