PVH Corp., an apparel giant and owner of brands such as Calvin Klein, Tommy Hilfiger, Van Huesen, Warner’s, Izod, Arrow, Speedo, Olga, and Geoffrey Beene, won the 2018 ACE award for its leading role as a best-in-class investor in the apparel manufacturing facility in Ethiopia. The US secretary of state awarded PVH the Sustainable Operations Award for helping to contribute to the growth and sustainable development of the local economies in which it operates.
PVH’S Chairman and CEO said, “We are in a unique position to make positive impacts in the places around the world where we work and live. One of those places is Ethiopia, where we set out almost five years ago to create a sustainable, vertically integrated, apparel manufacturing industry… Today, we are seeing our vision come to life at the Hawassa Industrial Park.” It is anticipated that the Hawassa Industrial Park would create 60,000 jobs within a few years. The park has Zero Liquid Discharge (ZLD) effluent treatment facility which helps in preserving Lake Hawassa by recycling ninety percent of the wastewater produced in the park.
The annual Secretary of State Award for Corporate Excellence was established in 1999 and it recognizes U.S. companies representing American Values in their business practices worldwide and contributing to the growth and sustainable development of the local economies in which they work.
Source: PVH’s website (www.pvh.com/news) and Fana BC