Victoria's Secret & Co..
VSCO.US | Retail sale of clothing, footwear and leather articles in specialized stores
Victoria's Secret & Co. is a global retailer of lingerie, apparel, and beauty products. The company operates through its Victoria's Secret and PINK brands, offering a wide assortment of bras, panties, sleepwear, loungewear, swimwear, ready-to-wear, and personal care items. Victoria's Secret sells it...Show More
Better Health for All
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Victoria's Secret & Co.'s principal goods and services, such as lingerie, apparel, and beauty products, have no significant positive or negative health impact. The company supports healthcare workforce development, specifically for female cancer researchers. Since 2021, it has sponsored over 800 women in development workshops, 40+ high school students in immersive lab experiences, 40+ junior researchers to attend the AACR Annual Meeting, and 20 young women in a two-week immersive field experience through the SHE Program.
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Fair Money & Economic Opportunity
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The Victoria's Secret credit card has a purchase Annual Percentage Rate (APR) of 35.99%.
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Fair Pay & Worker Respect
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In 2024, the CEO to median employee pay ratio was 880:1.
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In 2021, an internal review and third-party analysis by Fair Pay Workplace revealed that 99% of the workforce was paid equitably, with adjustments made for the remaining 1%.
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An Associate Opinion Survey in 2021 showed 87% of participating associates felt proud to work for the company.
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Within the past three years, the company was involved in an $8.3 million wage theft settlement in 2022
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and faced two OSHA violations in 2023.
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Fair Trade & Ethical Sourcing
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Victoria's Secret & Co. maps 100% of its Tier 1 and Tier 2 supply chain for lingerie and apparel products
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, with traceability extending to Tier 3 cotton spinning mills
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and to Tier 4 for cotton fiber origin verification
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. All supplier contracts include robust ethical terms, as suppliers agree to the company's Code of Conduct in Master Sourcing Agreements
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. Corrective action plans for non-compliant findings are expected to be completed within 90 days
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, with major violations requiring immediate remediation within 30 days
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. Factories are audited annually
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, though an audit waiver may be granted every other year for those demonstrating high compliance
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.
Honest & Fair Business
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Victoria's Secret & Co. has a formal whistleblower protection policy, including an Ethics Hotline operated by an independent third party.
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The hotline is available 24/7 with translation services, a dedicated case manager, and a strict prohibition against retaliation.
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It is accessible to associates, customers, vendors, contractors, business partners, and non-associates.
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The company also has a Global Anti-Corruption Policy, effective January 2021, which outlines specific prohibitions on bribery, facilitation payments, gifts, and contributions.
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This policy requires compliance with domestic anti-corruption laws in countries including the US, China, and the UK.
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Waivers of the Code of Conduct for board members, officers, and senior executives require approval by the Audit Committee.
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Kind to Animals
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Victoria's Secret & Co. opposes animal testing, and no branded products, formulations, or ingredients are tested on animals.
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As of April 2021, all personal care products sold in China are manufactured in China to avoid animal testing, indicating zero animals are used in testing.
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This implies alternative methods are in routine use for all internal safety screens. However, the company is not certified cruelty-free by any recognized third parties.
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Victoria's Secret & Co. supports the Institute for In Vitro Sciences (IIVS) and its technical experts are actively involved in increasing the acceptance and adoption of non-animal testing methods globally, partnering with government agencies and other industry leaders.
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The company does not source eggs, meat, or dairy products, nor does it sell products made from alpaca fleece, Australian merino wool, Angora rabbit, mohair yarn, down, exotic animal skins, or real fur.
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No War, No Weapons
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Victoria's Secret & Co. (VS&Co) operates as a retailer of lingerie, apparel, and beauty products, with no reported involvement in arms, defense, or related technologies. The company's ethical standards are based on international frameworks including the UN Guiding Principles on Business and Human Rights (UNGPs), and it issues annual human-rights reports through its Modern Slavery Transparency Statement.
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VS&Co demonstrates adherence to humanitarian procurement standards across its supply chain.
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, with a Supplier Code of Conduct that prohibits modern slavery and human trafficking.
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, and conducts annual or bi-annual audits of its suppliers.
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A Sourcing Risk Council and Independent Production Services function monitor and enforce compliance.
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Planet-Friendly Business
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Victoria's Secret & Co. collected its 2021 Scope 1, 2, and 3 greenhouse gas emissions data for FY2022, which was validated by Apex Companies, LLC.
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The company mentions setting a "formal, science-based greenhouse gas reduction target," but no details on Science Based Targets initiative (SBTi) validation are provided. VSCO.US engages with supply chain partners to encourage emissions reduction plans and partners with the Apparel Impact Institute's Carbon Leadership Program.
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The company uses recycled polyester and polyamide, but a specific recycled-to-virgin ratio is not available. VSCO.US operates a pilot Take Back Program in select US stores and diverts excess fabric from landfills through partnerships, though no waste diversion rate is provided. Over 40% of finished goods and components are produced within the Beauty Park to reduce transit distance and emissions.
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The company received a Silver Award in Sustainability, Environment, & Climate from the Anthem Awards.
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Respect for Cultures & Communities
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Victoria's Secret, operating under VSCO.US, has been involved in two cultural appropriation incidents. One incident featured a model wearing a Native American headdress replica in a fashion show
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, and another involved an Oriental-inspired "Sexy Little Geisha" outfit
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. In response to these incidents, Victoria's Secret issued apologies
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and withdrew the items from broadcast, marketing, or sale
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. The model involved in the headdress incident also issued an apology
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. These responses were reactive, occurring after public complaints and criticism.
Safe & Smart Tech
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The company's privacy policy, last updated June 28, 2024
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, and February 21, 2025
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, outlines user choices including opt-out options for email, text messages, and targeted advertising
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. It also describes user rights for data access, correction, deletion, and opting out of sale/sharing
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. The policy states compliance with applicable laws, including GDPR, CCPA, and Canadian privacy laws
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, and provides supplemental notices for California, EEA, and Canadian residents
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Zero Waste & Sustainable Products
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Victoria's Secret & Co. has implemented several waste reduction initiatives, including donating over 1.5 million panties made from unused fabric
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and diverting excess fabric through partnerships
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. The company is piloting a Take Back Program in select US stores for damaged, returned, and post-consumer products
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. Packaging reduction initiatives include reducing corrugated cardboard, optimizing e-commerce packaging, reducing beauty packaging weight, and improving manufacturing efficiency to reduce scrap
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. Circular design principles are applied to several product categories, such as a fully recyclable bra pad in the Forever Bra
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and the 360 Circular Collection
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, with the company developing product creation guidelines and prioritizing eco-design principles like weight optimization and mono-material design
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. Victoria's Secret & Co. has a 2030 target for 75% or more of its packaging across all categories to be designed with at least one eco-design principle and use at least 50% post-consumer recycled content
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.