• Victoria's Secret ESG report for fiscal year ended Jan. 31, 2026 set science-based targets to cut absolute Scope 1 and 2 greenhouse gas emissions 42% by 2030 from 2022 baseline, with same 42% reduction target for Scope 3.
• Progress through fiscal 2024 showed Scope 1 emissions down 37% from baseline, Scope 2 down 5% on market-based basis, Scope 3 down 1%, highlighting slower movement in value-chain emissions where report estimated over 90% of footprint sits.
• Supplier decarbonization plan included expectation to phase out coal, shift to renewable electricity by 2030, with 77% of finished-good vendors pursuing emissions cuts, 54% reporting on-site renewable energy.
• Materials strategy lifted preferred fibers to 42% of total fiber use in 2025 from 17% in 2021, positioning product design and sourcing as key levers for Scope 3 reduction.
• Sustainable supply-chain finance program with HSBC slated to roll out to vendors in 2026, offering deeper preferred-rate invoice payments tied to verified environmental and social progress, including climate performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Victoria's Secret & Co. published the original content used to generate this news brief on May 06, 2026, and is solely responsible for the information contained therein.