28/11/2014

Timberland's Quarterly CSR Reporting

STRATHAM, N.H. – November 24, 2014. Timberland announces its Q3 2014 CSR results . Highlights from this quarter's performance are as follows, organized by Timberland’s four CSR Pillars: Factories, Climate, Product, and Service. More detailed performance data and analysis can be found on the Goals & Progress section of Timberland’s Corporate Social responsibility (“CSR”) website,http://responsibility.timberland.com.

FACTORIES:

Of the 310 active factories at the end of Q3,33% are rated Accepted,which is slightly lower than our Q2 results. For a complete factory list, visit the factories section of our Responsibility Site.

We additionally measure suppliers’ implementation of environmental and social/labormanagement systems using the Global Social Compliance Programme’s (“GSCP”) environmental framework and Social Accountability International’s (“SAI”) Social Fingerprint program. On the environmental side,61% of Timberland’s global footwear and apparel production occurred in actories scoring GSCP Level 2 or higher; and 73% of Timberland’s global footwear and apparel production occurred in factories scoring Level 3 or higher in SAI’s Social Fingerprint.

CLIMATE:

Since the transition to our parent company’s energy reporting structure, there is a significant delay in obtaining quarterly data of our greenhouse gas emissions and our use of renewable energy. We therefore are now reporting these numbers externally on a yearly basis, in conjuction with our Q1 reporting. We will continue to carefully monitor our energy usage on an internal basis, but do not wish to hold up the reporting of our other CSR metrics. With respect to energy management in factories,66% of Timberland’s global footwear and apparel production comes from factories meeting GSCP’s Level 2 for Energy Management.

PRODUCT:

Our global average grams of volatile organic compounds used in footwear production is 4.4 fewer grams per pair over the same period last year; and our use of ROR in apparel was roughly 16% of total textile weight. With respect to leather sourcing,99.6% of Timberland’s leather volume came from tanneries scoring Silver or Gold in their Leather Working Group audit.

SERVICE:

Timberland employees served 61,240 hours year to date, a 25% increase over the same period last year. YTD Hours Utilization Rate (the percentage of employee service hours used compared to the total available hours according to our Path of Service TM program) at the end of Q3 2014 was 26% vs. 24% in Q3 2013. Our Benefit Utilization Rate(the percentage of employees who serve at least one hour) YTD increased from 55% at the end of Q3 2013, to 73% at the end of Q3 2014.

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 orkmanship 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 visit www.timberland.com.


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