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7/25/2014

TIMBERLAND HITS GREENHOUSE GAS EMISSIONS GOAL NEARLY TWO YEARS AHEAD OF SCHEDULE

BRAND ALSO ON-TRACK TO MEET RENEWABLE ENERGY TARGET; CONTINUES TO RAISE THE BAR FOR 2020


STRATHAM, N.H., July 25, 2014 – In 2007, as part of its overall commitment to sustainability and Corporate Social Responsibility (CSR), Timberland set a number of aggressive performance targets related to its four CSR pillars:  Factories, Climate, Product and Service.  The goal was to achieve these targets by the year 2015.  Today, Timberland is pleased to announce that as of year-end 2013, due to persistent efforts to reduce its environmental impact, the brand has met its greenhouse gas (GHG) emissions goal two years of schedule, and is on-track to meet its renewable energy usage goal as well.  Details follow:

Greenhouse Gas (GHG) Emissions

Renewable Energy Use

 

GOAL:  Reduce GHG emissions by 50% by 2015, based on 2006 baseline.

 

 

GOAL:  Source 30% of energy from clean, renewable sources by 2015, based on 2006 baseline.

 

 

RESULT:  By the end of 2013, Timberland met its 2015 goal, achieving a 50% reduction of GHG emissions.  In 2013 alone, the brand reported a 22% reduction in GHG emissions as compared to 2012.

 

 

RESULT:  By the end of 2013, Timberlandderived 26% of its energy from renewable sources, exceeding its 2013 target of 23%, and just one percent shy of its 27% goal for 2014.  In 2013 alone, the brand increased its use of renewable energy by 28% versus 2012.

Timberland attributes these results to a higher use of renewable energy sources in its European headquarters and distribution centers.

“Timberland’s emission reductions and steadfast commitment to the use of renewable energy are truly impressive,” said Anne Kelly, director of BICEP (Business for Innovative Climate & Energy Policy) at Ceres.  “The company has long been a pioneer both in CSR and in standing up for meaningful federal policy action. Today’s achievement underscores Timberland’s well-earned reputation for sustainability leadership.”

Timberland’s CSR success is not confined to environmental impact alone.  In terms of community service, this May, Timberland reached an important volunteerism milestone – theone-millionth service hour served by employees around the world.  Year-over-year, the brand served roughly 32% more hours in Q1 2014 vs. Q1 2013, driven by service initiatives from the Dominican Republic to Europe to Asia.

“We’re excited to be making such important environmental progress ahead of schedule, but that doesn’t mean the work is done,” said Patrik Frisk, coalition president, Outdoor Americas for VF Corporation and president of Timberland.  “As part of Timberland’s ongoing mission to create sustainable impacts across our business, our environment and the communities we call home, we’re always focused on continuous improvement.  This includes everything from lightening our environmental footprint to embracing volunteerism around the globe.  Now we turn our eyes toward setting new goals for 2020, to take our sustainability efforts to the next level.”

More detailed data and analysis on Timberland’s progress against various CSR targets can be found on the Goals & Progress section of Timberland’s CSR website, http://responsbility.timberland.com.

 

About Timberland

Timberland, a brand of VF Corporation (NYSE: VFC), is a global leader in the design, engineering and marketing of premium-quality footwear, apparel and accessories for consumers who value the outdoors and their time in it. Timberland markets products under the Timberland®, Timberland PRO®, and Timberland Boot Company® brands, all of which offer quality workmanship and detailing and are built to withstand the elements of nature. Timberland® products are sold throughout the world in leading department and specialty stores as well as company-owned retail locations and online. Timberland’s dedication to making quality products is matched by its commitment to “doing well and doing good” -- forging powerful partnerships among employees, consumers and service partners to transform the communities in which they live and work. To learn more about Timberland, please visitwww.timberland.com.

 

 

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CONTACTS

For more information, please contact:
Courtney Wagoner | Porter Novelli
404-995-4535
Email Courtney Wagoner



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