Kontoor Brands Announces Its Forest Derived Materials Policy Designed to Minimize Impacts on the World’s Endangered Forests
Kontoor Brands, Inc. (KTB)
Last kontoor brands, inc. earnings: 3/5 06:50 am
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Source: Business Wire
GREENSBORO, N.C.--(BUSINESS WIRE)--Kontoor Brands, Inc. (NYSE:KTB), a global lifestyle apparel company, with a portfolio led by two of the world’s most iconic consumer brands, Wrangler® and Lee®, today released its first Forest Derived Materials (FDM) policy, which sets formal standards for the company’s purchasing and use of sustainable forest materials and products. The policy strengthens Kontoor’s commitment to responsibly sourcing materials throughout its global operations and supply chain.“Taking action to help preserve the world’s endangered forests is a must. Doing so aligns Kontoor’s environmental actions with our pledge to consistently do the right thing, including standing for the planet we share,” said Scott Baxter, President and CEO, Kontoor Brands. “Our FDM policy requires us to promote and advance sustainable forest-based products, and we are also placing a priority on alternative fiber sources. This is table stakes for any good business around the world and is the b
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