Emanuel Chirico, chief executive of PVH Corp, and Richard Noll, chief executive of Hanesbrands, have both been named '2016 Responsible CEO of the Year' – with Chirico also picking up a  Lifetime Achievement award.

The awards are presented to CEOs that exceed standards in areas including employee relations, environmental impact and sustainability, human rights, philanthropy, and corporate responsibility practices.

The Lifetime Achievement award also recognises CEOs who "visibly exceed standards" in the areas of sustainability and corporate social responsibility. 

Chirico and Noll were two of the three chief executives given the award by Corporate Responsibility Magazine, alongside Richard Shadyac of St Jude Children's Research Hospital.

"Today's business landscape requires CEOs to maintain a balance between their commitment to investors and shareholders and their desire to ensure that the company's daily actions exceed the requirements and responsibilities of corporate citizens," says Elliot Clark, CEO of Corporate Responsibility Magazine.

"We are pleased to shine a spotlight on these three winners who all set a clear example for their peers by maintaining sustainable supply chains as well as by creating transparent company cultures that promote and reward corporate social responsibility and authenticity in every area of their enterprises."

To determine the winners, judges considered several dimensions of the standards including the scope of the CEO's impact on their organisation and community, the extent to which the CEO drove the initiative, and the individual reputation or professional risk taken by the CEO.

In particular PVH, owner of the Tommy Hilfiger and Calvin Klein brands, was recognised for its progress working with various stakeholders to "drive positive impacts around the world". 

The company's corporate responsibility programme is structured with ten commitments across three focus areas: empowering people; preserving the environment; and supporting communities. 

Recent highlights include PVH's efforts to help create a "best-in-class" apparel manufacturing industry in Ethiopia. The company began manufacturing its clothing products in Ethiopia this summer out of a newly-built industrial park in Hawassa city, south of the capital Addis Ababa. PVH is also planning to establish an Ethiopian clothing sourcing network.

PVH prepares for Ethiopia production

Other work has seen Tommy Hilfiger partner with the World Wide Fund for Nature to help safeguard water resources in the Taihu and Mekong river basins, while Speedo partnered with Italian yarn maker Aquafil and Chinese supplier Parawin to turn nylon factory remnants into new swimsuits.

"I'm honoured to receive this award but it is a testament to the great work and deep commitment of our incredible and dedicated associates around the world," said Chirico. "We believe corporate responsibility helps strengthen our organisation by managing risk, maximising efficiencies and driving value in a rapidly changing world. I believe that through our CR efforts, we can continue to create value for both society and our stockholders."

The award follows the publication in April of the magazine's 100 Best Corporate Citizens List, which ranks companies in seven areas of CSR. Apparel companies that made it onto the list include Nike at 28, Gap at 49, VF Corp at 77, TJX at 90, Target at 94, and PVH at number 97.