Aperçu

At Victoria’s Secret & Co., we have a long history of maintaining rigorous labor standards for our suppliers, and we believe we can continue to play an important role in empowering workers and improving working conditions across our supply chain.

We are committed to providing superior quality merchandise and services to customers. We strongly believe the quality of our merchandise begins with the treatment of the people who create our products.

VS&Co. sources all its product lines – lingerie and apparel, accessories and beauty products from more than 300 factories around the world — the vast majority of which are located in Vietnam, Sri Lanka, Indonesia, U.S. and China.

Our top 10 suppliers represent more than 88 percent of our production spend; we have worked with the majority of these partners for over 20 years or more. We have mapped 100 percent of our Tier 1 and Tier 2 supply chain for our lingerie and apparel products. We have also begun the work of mapping our Tier 3 suppliers.

Tier definition:

Our definition of tiers is aligned with industry standards for supply chain tiers, as follows:

Notre engagement

VS&Co is fully committed to protecting human rights throughout our value chain and to ensuring all our products are ethically sourced.

We strongly believe that the quality of our merchandise begins with the treatment of the people who make our product. We hold ourselves and each other accountable to our values in all that we do. In that spirit, we strongly believe that the quality of our merchandise begins with the treatment of the people who create our products. VS&Co travaille seulement avec des fournisseurs qui partagent le même engagement en matière de pratiques commerciales éthiques et responsables. Cet engagement est enchâssé dans les nombreuses mesures dont nous nous servons pour évaluer nos partenaires fournisseurs et il fait partie de notre approche globale et exclusive de la manière dont nous faisons des affaires depuis des décennies.

Nous choisissons nos fournisseurs en fonction de leur capacité et de leur engagement à respecter nos normes de sécurité et de qualité et à suivre nos normes strictes en matière d'éthique, de travail et d'environnement. Through our rigorous standards for suppliers, we believe we can continue to play an important role in ensuring the right of workers, improving working conditions across our supply chain and empowering workers. 

Protection des droits de la personne

VS&Co s'engage à respecter les droits de la personne. Our guiding philosophy on human rights is based on the following international frameworks: 

•    Universal Declaration of Human Rights (UDHR) 
•    International Labour Organization (ILO) Declaration on Fundamental Human Rights and Principles at Work
•    UN Guiding Principles on Business and Human Rights

In addition to the frameworks above, our practices with regard to human rights draw from the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises, the OECD Due Diligence Guidance for Responsible Business Conduct (RBC) and the United Nations Global Compact.

Beginning with our executive leadership and all the way through our value chain, our actions toward the respect of human rights are guided by fostering inclusion, creating equity, acting with integrity and behaving ethically. 

At VS&Co, we understand that our impact on human rights reaches beyond our own supply chain and extends to all the communities in which we operate. We proactively engage with stakeholders to strive to be a responsible corporate citizen everywhere we operate. We continuously evaluate our processes and activities to ensure that human rights are respected throughout our business operations. Transparency is a priority in our practices, understanding that respect for human rights in our products and raw materials is paramount for our customers, employees, investors, and other stakeholders. 

We take our commitment to due diligence seriously, and when we find that activities of our business partners are inconsistent with our guiding international frameworks, our standards, our Associate Code of Conduct, or our Supplier Code of Conduct, we seek corrective action. 

VS&Co is committed to identifying and addressing human rights issues to drive positive change. We will continue to be vigilant in conducting ongoing human rights due diligence and engaging with key stakeholders. 

For more in-depth information about our approach regarding human rights, see our Commitment to Respecting Human Rights.

Governance

Conseil du risque d'approvisionnement

Victoria's Secret & Co. (VS&Co) has a Sourcing Risk Council comprised of senior executives that meet quarterly. The executive leadership on Sourcing Risk Council has oversight for the following functions:

• Affaires de l'entreprise
• Ethics and Compliance
• Customs Compliance
• Affaires gouvernementales
• Independent Production Services (IPS)*
• Services juridiques
• Logistique
• Sélection des fournisseurs
• Production et approvisionnement
• Réglementation et assurance de la qualité

Le Conseil évalue les risques actuels (risques géopolitiques, de conformité sociale et d'approvisionnement associés) et les politiques relatives à l'approvisionnement responsable, notamment dans les emplacements où nous nous approvisionnerons ou où nous produirons des biens, comme l'explique notre Politique relative aux pays où nous nous approvisionnons. Le Conseil du risque d'approvisionnement opère sous la direction et la supervision du Comité de vérification du Conseil d'administration. Le président du Conseil du risque d'approvisionnement fait régulièrement des rapports au Comité de vérification, qui lui met au fait le Conseil d'administration.