Victorias Secret
Victoria's Secret, officially known as Victoria's Secret & Co., is a leading American lingerie and beauty retailer headquartered in the United States. Founded in 1977, the brand has become synonymous with luxury lingerie, sleepwear, and beauty products, establishing a significant presence in North America and beyond. Renowned for its iconic fashion shows and high-profile marketing campaigns, Victoria's Secret has consistently set trends in the intimate apparel industry. The brand's core offerings include a diverse range of bras, panties, loungewear, and fragrances, distinguished by their quality, style, and innovative designs. With a strong market position, Victoria's Secret has achieved notable milestones, including its expansion into international markets and a robust online presence, solidifying its status as a household name in women's fashion.
DitchCarbon Score
How does Victorias Secret's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Apparel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Victorias Secret's score of 36 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Victorias Secret's reported carbon emissions
In 2022, Victoria's Secret & Co. reported total carbon emissions of approximately 1,328,930,000 kg CO2e. This figure includes Scope 1 emissions of about 16,126,000 kg CO2e, Scope 2 emissions (market-based) of approximately 59,446,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,232,933,000 kg CO2e. The Scope 3 emissions encompass various categories, with the largest sources being purchased goods and services (approximately 684,022,000 kg CO2e) and upstream transportation and distribution (about 204,584,000 kg CO2e). Victoria's Secret has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 42% by FY2030, using FY2022 as the baseline year. This target is aligned with the Science Based Targets initiative (SBTi) and reflects the company's commitment to mitigating climate change. Additionally, the company has pledged to achieve a similar 42% reduction in absolute Scope 3 emissions within the same timeframe. These commitments demonstrate Victoria's Secret's proactive approach to addressing its carbon footprint and contributing to global climate goals. The company is focused on implementing strategies that align with industry standards for sustainability and emissions reduction.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 7,942,000 | 00,000,000 |
| Scope 2 | 64,273,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Victorias Secret is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
