Consciously Designing Positive Change
2021 ESG Summary Report
At Victoria’s Secret & Co., we believe in doing what is right in our industry, for our communities and for the world. With more than 30,000 passionate global associates, we are united by a commitment to provide our customers with products and experiences that make them feel good inside and out.
In 2021, we set out to transform our business and embarked on a journey as a new, stand-alone public company. We use the word “journey” deliberately: this has been, and will continue to be, an ongoing process of listening, learning and challenging ourselves to improve and to build trust with our stakeholders, starting with our inspiring customers and the dedicated associates who are committed to serving them every day. We embrace this journey because we know we do not exist solely to sell products. We exist to enhance lives and to create fulfilling and respectful workplaces where we can make a difference through our products, platform and advocacy.
We have launched the next stage of this mission by organizing our efforts around an intentional environmental, social and governance (ESG) structure and starting the very necessary work of embedding diversity, equity and inclusion (DEI) into all facets of our business. We refer to this journey as Consciously Designing Positive Change, to represent and continually remind ourselves of the great impact we can achieve together in the world.
This first-ever ESG report for our company isn’t about declaring we have it all figured out – it’s quite the opposite. It’s an acknowledgement of the work ahead of us, a transparent look into where we are today and a nod to where we’re headed.