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Recognition flowed to Timberland during this period. Business Ethics magazine recognized Timberland as a top 100 Best Corporate Citizen for seven consecutive years. Fortune magazine cited Timberland repeatedly as a top 100 Best Company. As Timberland grew over the 1990s, additional factory capacity was added in Asia at sourced partners’ factories to complement “owned” manufacturing. Jeffrey Ball, “Six Products, Six Carbon Footprints,” The Wall Street Journal , October 6, 2008. Details Timberland's findings focused on the carbon footprint of footwear. The average carbon footprint of a pair of hiking boots is between 66 and 132 pounds of CO 2 and 2,113 gallons of water. “Six Products, Six Carbon Footprints” Wall Street Journal , October 6, 2008 and AMC Outdoors Online, http://www.outdoors.org/publications/outdoors/web/water-footprint.cfm http://www.apparelcoalition.org At the same time, Timberland served as a founding member of the Leather Working Group, another multi‐stakeholder collaborative group including brands such as Nike, LVMH and Pentland as well as tanneries from around the globe. The purpose of this group is to develop a shared protocol to assess, audit and rate tanneries in an effort to improve environmental practice within the tanning industry. Timberland rated second out of 150 companies evaluated by the nonprofit group Climate
Journal of Applied Corporate Finance – Wiley
Published: Jun 1, 2015
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