Lingerie brand Victoria’s Secret has released its first environmental, social and corporate governance, or ESG, report outlining statistics on company gender and ethnic makeup, etc. Besides highlighting current operations, the ESG report outlines the brand’s future goals, says Martin Waters, CEO. In 2021, Victoria’s Secret embarked on its journey as stand-alone company. Women make up the majority of associates at all levels, including 87 per cent company-wide and 86 per cent of the board. Women also make up 59 per cent director and above roles, 95 per cent of in-store associates and 57 per cent of distribution center associates. The report also outlined the number of people of color in the company which make up for 65 per cent of its in-store and 71 per cent of distribution center associates.

The report says as per a ‘2021 internal review,’ in partnership with the nonprofit Fair Pay Workplace, Victoria’s Secret found 99 per cent of its workforce was paid equitably. For the remaining 1 percent, it has made adjustments to processes and compensation to address inconsistencies.”

On the sustainability front, Victoria’s Secret reported sourcing 24 per cent of its polyester and 11 per cent of polyamide from recycled materials. The company set a target to only use chemicals that are 100 per cent certified on the Manufacturing Restricted Substance List for its core lingerie and apparel suppliers by 2030. In the beauty division, Victoria’s Secret said it continues to oppose animal testing and that no branded products, formulations or ingredients are tested on animals.