Victorias Secret

Victoria's Secret, a US-based wearing apparel and furs company, reported total carbon emissions of approximately 1.11 billion kg CO2e in 2024. This figure includes about 10.8 million kg CO2e from Scope 1 emissions, 59.1 million kg CO2e from Scope 2 (market-based), and 1.04 billion kg CO2e from Scope 3 emissions. Notably, Scope 3 emissions in 2024 were primarily driven by purchased goods and services, accounting for around 639.4 million kg CO2e, and upstream transportation and distribution, at approximately 159.6 million kg CO2e.

In 2023, the company's total emissions were approximately 1.10 billion kg CO2e, with Scope 1 at about 15.2 million kg CO2e, Scope 2 (market-based) at around 62.4 million kg CO2e, and Scope 3 at roughly 1.02 billion kg CO2e. In 2022, total emissions stood at approximately 1.13 billion kg CO2e, comprising about 17.3 million kg CO2e from Scope 1, 62.0 million kg CO2e from Scope 2 (market-based), and 1.05 billion kg CO2e from Scope 3.

Victoria's Secret has established Science Based Targets initiative (SBTi) approved near-term targets. The company commits to an absolute reduction of 42% in Scope 1 and Scope 2 GHG emissions by FY2030, using FY2022 as a base year. Furthermore, Victoria's Secret also pledges to reduce absolute Scope 3 GHG emissions by 42% within the same timeframe. These targets are consistent with reductions required to limit global warming to 1.5°C.