Apparel Impact Institute Announces The PVH Foundation as the Newest Lead Funder to the $250M Fashion Climate Fund
PVH Corp. (PVH)
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Source: PR Newswire
SAN FRANCISCO, Sept. 22, 2022 /PRNewswire/ -- Apparel Impact Institute (Aii), the nonprofit organization dedicated to mobilizing climate action in fashion, today announced that The PVH Foundation is joining the catalytic $250M Fashion Climate Fund as a lead funder. This advances the Fund's aim to drive industry-wide convergence to modernize the fashion industry supply chain and meet the industry's ambition to halve carbon emissions by 2030.The PVH Foundation, which leads the global philanthropic efforts of PVH Corp. (NYSE: PVH), is the newest addition to the Fashion Climate Fund. PVH, which owns iconic brands such as Tommy Hilfiger and Calvin Klein, joins Lululemon, H&M Group, H&M Foundation, and The Schmidt Family Foundation as a lead funder, with each committing $10M. This investment underscores PVH Corp.'s enduring trust and belief in Aii as a critical partner and intellectual clearinghouse that will help reach the fashion industry's 2030 climate goals.The first-of-its-kind Fashion
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- 5/3/24 - Form 4
- PVH's page on the SEC website