NEW YORK, GREENSBORO
VF Corporation was judged one of the World’s Most Ethical Companies for the year. The winners were selected by the Ethisphere Institute, which works to establish standards for ethical business practice. VF’s chair, CEO, and president, Steve Rendle, explained it was his belief that social responsibility was instrumental to business success. He attributed the distinction his company earned to the “integrity, commitment, and passion for doing the right thing” of its 65,000 employees. Ethisphere judges companies with an Ethics Quotient derived from standardized analysis of five core competencies: ethics and compliance; corporate citizenship and responsibility; culture of ethics; governance; and leadership, innovation; and reputation. Priorities of the 135 businesses recognized this year included authentic leadership, transparency, diversity, and inclusion. Headquartered in Greensboro, VF is a manufacturer of lifestyle clothing and accessories; its brands include North Face, Timberland, Wrangler, and Lee.