0000012037 00000 n A few days after the Bloomberg article was published, Fairtrade CEO resigned, but a spokeswoman says his departure is unrelated to the article. / L Brands is a member of the Zero Discharge of Hazardous Chemicals Group and is working to eliminate the emission of hazardous chemicals in its supply chain by 2020. Suppliers must not improperly use any private, confidential or commercially sensitive information in its possession relating to or in connection with its dealings with the State. Rest easy. 0000000831 00000 n By signing up with email, you will also get sent updates about your order status so you can keep track of all your goodies. Suppliers should strive to pay a wage sufficient to meet workers' basic needs and provide some discretionary income. It is unclear what part of the brands operations this includes. In addition to the Code, you are also expected to comply with any other policies and procedures that apply to your role and function. 5038 26 Read our annual report and listen to the quarterly briefings. Provide a history of proven successful projects and financial stability. ^ 7h)t/. Here are just some of the ways we help you hold onto your pennies while buying your panties at Victoria's Secret: Stack your coupon codes for all-at-once savings. Within 90 days of purchase, customers can return items through the mail or to a store for a refund. Be prepared to address the topics below with Victorias Secret & Co. We utilize SAPs Ariba Supplier Network to locate prospective suppliers for new opportunities and contact those suppliers as business needs arise. 2023 Victoria's Secret & Co. Company. Extra 25% Off on Your Favorites. Commitment & Governance | Victoria's Secret & Co. We pursue excellence because we are emotionally, intellectually and spiritually engaged in our work and that makes our talent formidable and our results extraordinary. / In 2014, the L Brands Foundation invested nearly $17 million in nonprofit organizations in their home office communities. The Investor Relations website contains information about Victoria's Secret & Co.'s business for stockholders, potential investors, and financial analysts. Clearance inventory is continually updated; shop often for the best deals and availability. [ILO Conventions 100 and 111], Workers must be treated with respect and dignity. hUoLSW}-mZhi$Jc%*j'e+fAJE%AXcNA&3APfk)X(,"f)~v_~ss{o. Suppliers to the State are advised to review the Code and ensure that relevant areas of their business and supply chain meet these standards. Suppliers must adhere to these standards and communicate them to all workers in all countries in which they operate. The State believes that all business activities should be undertaken with impartiality and any conflict of interest should be raised and managed. You can now find clothing, swimwear, beauty products, and more throughout the store. Suppliers are expected to support the State in reviewing compliance with the Code. Supplier Code of Conduct - Suppliers | Buying for Victoria Suppliers are expected to maintain sound administration processes. Download the app for extra members-only offers. The facility must take all necessary precautions to ensure that authorized young workers, under the age of 18, are protected from working conditions that could pose a danger to their health, safety, or development. You can send it back for free as long as you return the item within 90 days with the garment tag still attached. Last Tested. Victoria's Secret offers great savings events all year long, but recent shoppers were able to score up to 60% savings on clearance items. We dont have a full list of countries that the brand sources from. Suppliers are expected to self-assess their compliance with the Code and take timely action to correct any deficiencies or breaches reported or identified by an audit, assessment, inspection, investigation or review. The cost of shipping is calculated based on the total price of an order before any Victoriassecret.com promo codes or coupons. The project aims to educate factory management and workers in Vietnam on how to prevent human trafficking. Where the Code refers to the law it means the laws in the jurisdiction that apply where the goods are procured or services are performed. Click the envelope symbol next to "Email Sign Up" and enter your email address. Partnerships based on responsible sourcing strengthen our supply chain The Supplier Code of Conduct sets forth standards - in addition to all relevant laws, regulations and conventions - that apply to suppliers and their factories, sub-suppliers and subcontractors. 2023 Victoria's Secret & Co. Company. We cherish diversity, equity and inclusion because embracing others thoughts, experiences, hopes and dreams makes our own more complete and connects us to our customers. (a) ensure that all work is undertaken without coercion; (b) not use any form of forced, bonded or indentured labour; and. The success of our chemical management program relies on close collaboration with our suppliers to ensure chemical purchases, manufacturing practices and the quality of water discharge are aligned with our commitment to eliminate priority substances. $ 50 off. A FAIR & RESPECTFUL WORKPLACE FORCED LABOR, SLAVERY & HUMAN TRAFFICKING Forced, prison, indentured, bonded, and slave labor as well as labor obtained through human trafficking are The Higg FEM was developed by SAC and offers a standardized environmental assessment that facilitates conversations among partners to improve every tier in the global value chain. During the calendar year 2022, there were no sites with foreign migrant workers added for production. Suppliers are expected to commit to a workplace free from workplace bullying, harassment, victimisation and abuse. / We dont have any information on lead times, the number of garments made annually, how many collections the brand releases annually, and how long its products are designed to last. 0000002867 00000 n We view our Suppliers as partners and we care about the way they do business when providing goods or services, including construction works and services, to the State. 0000016899 00000 n Suppliers should respect these obligations in their dealings with public sector employees. VS&Corealizes that responsible business practices start with partnering with suppliers and factories that have an excellent compliance track record and share our core values. There are three kinds of Victoria's Secret coupon codes you can stack: Its no secret that Victorias Secret is one of the most popular intimates specialty retailers in America. To date, L Brands has donated more than $1.1 million to these organisations. You may send a postal letter to Global Ethics & Compliance, Victorias Secret & Co., 4 Limited Parkway, Columbus, OH 43320. All Rights Reserved, We require all our China facilities to report their water testing data on the Institute of, Institute of Public & Environmental Affairs, Do Not Sell or Share My Personal Information, Detergents, wetting agents, emulsifiers, softeners, Banned Dyes (azo, disperse, carcinogenic or equivalent concern), Brominated and chlorinated flame retardants, Heavy metals (cadmium, lead, mercury, chromium VI), Dyestuffs, leather tanning, paints, alloys, pesticides, Flexible plastic components, e.g. Yes, when youre approved for the Victorias Secret credit card, youll get a $15 off Victorias Secret promo code for your first purchase. 0000013933 00000 n Suppliers are expected to minimise the environmental impact of their operations and maintain environmentally responsible policies and practices. How to use the Code of Conduct | Victoria's Secret & Co. Facilities should have policies and procedures in place to ensure environmental impacts are reasonably minimized with respect to energy, air emissions, water, waste, hazardous materials and other significant environmental risks. Fairtrade International refuted the claims and issued a response statement. All workers, regardless of gender, shall receive equal pay for work of equal value. All of the raw materials used in our lingerie and apparel products must be certified to Oeko-Tex Standard 100 or tested to VS&Cos Restricted Substances List (RSL) by a third-party laboratory to ensure substances used in making our products meet its requirements. The information provided here is largely about the parent company, L Brands, with specific information about Victoria's Secret when available.THE PROS: According to MAS Holdings website, it supplies to Victoria's Secret. All Rights Reserved, VSComplianceandEthicsTraining@victoria.com, Do Not Sell or Share My Personal Information, Supplier Code of Conduct and Compliance Guidebook, Protecting Personal and Business Information, Acceptable Use Policy and Standards Global Records Management Policy Information Classification and Handling Policy and Standards, For questions on our training programs, contact, For questions concerning conflicts of interest disclosures, contact. THE PROS: According to MAS Holdings website, it supplies to Victorias Secret. Code of Conduct Matches are based on products and services that corporate representatives are interested in and/or procure regularly. To get a free gift, you must spend a certain minimum. Workers must be provided with adequate breaks as legally required. In 2021, 70 percent of our lingerie and apparel Tier 1 and 90% of our Tier 2 facilities completed the SACs Higg FEM self-assessment. / It is unclear if the brand can trace its entire supply chain. (b) perform public duties without favouritism, bias or for personal gain. Get free shipping and returns when you spend at least $50+. [ILO Conventions 1, 14, and 30], Employers must provide a clean, safe and healthy work environment and take steps to prevent accidents, illness, and injury arising out of or occurring during the course of work. For questions concerning conflicts of interest disclosures, contact ethicsVS@victoria.com. We do not allow unauthorized subcontracting and require all suppliers to formally request the use of new facilities and subcontractors. / The brand does not report its current social or environmental impact. Subject to applicable laws, Suppliers are expected not to discriminate against any worker based on age, disability, ethnicity, gender, marital status, political affiliation, race, religion, sexual orientation, gender identity, union membership, or any other status protected by law, in hiring and other employment practices. PINKs primary item is the pink lace bra and panty set, which is designed with delicate lace and comforting bands along the waist and under the cups. / L Brands states that it sources from a few hundred suppliers and factories but we dont have information on a specific number. Some of the ways we engage with our suppliers include: Our chemical management audits include review of: We continue to work closely with our lingerie and apparel suppliers to regularly assess compliance. We dont have information on how much of Victorias Secrets products come from MAS Holdings. 0000002348 00000 n A Victorias Secret coupon also may be useful for the Dream Angels Satin Sleep Shirt. Get 30 Victoria's Secret coupons, 2 promo codes or 7 free shipping offer code for July 2023. 0000002821 00000 n Among the facilities tested in 2022, 91 percent had passing results for MRSL levels, 92 percent for heavy metals and 94 percent for other conventional parameters. Homeland security issued an investigation after Bloomberg provided more evidence to support its claims. If a Supplier considers that another Supplier has deviated from or breached their obligations under this Code or that a State employee has breached Victorian Public Sector CodesExternal Link (VPS Codes), it is expected to report these concerns to one of the following bodies: (a) in relation to other Suppliers, the relevant department or agency Chief Procurement Officer (CPO), or if there is no such appointed person then either the appointed manager under the contract or the primary State contact in relation to the goods or services or construction works and services being provided; (b) in relation to State personnel breaching VPS Codes or in relation to serious misconduct of State personnel, the relevant public body head or the Independent Broad-based Anti-corruption CommissionExternal Link ; or. The Supplier Code of Conduct (Code) describes the minimum expectations in the areas of: integrity, ethics and conduct; conflict of interest, gifts, benefits and hospitality; corporate governance; labour and human rights; health and safety; and environmental management. While supplier diversity seeks to ensure a level playing field in our procurement practices, the decision to award business to a diverse supplier is based on a suppliers ability to provide the product or service that best meets our business requirements. We are committed to providing these associates with ongoing training and educational opportunities to keep teams vigilant and fully engaged. Efficiency: Demonstrate how your product/service will increase speed, accuracy and /or quality to Victorias Secret & Co. operations. 60% Off Victoria's Secret Coupon, Promo Codes - May 2023 - Giving Assistant To ensure compliance with this Code and the applicable laws, Suppliers are expected to: (a) perform periodic evaluations of their facilities and operations, and the facilities and operations of their subcontractors; and. Our company, subcontractors and authorized agents must be given unrestricted access to all workers, production facilities and dormitories and be granted access to all relevant records related to production facilities and sub-suppliers, whether or not notice is provided in advance. Align your business objectives with Victorias Secret & Co.s needs. Best Discount Code. The State expects Suppliers to communicate the Code to their related entities, Suppliers and subcontractors who support them in supplying goods and services to the State, so that they are aware of, understand and comply with the Code. The State seeks to work with its Suppliers to meet and exceed minimum expectations as outlined in this Code and continuously strives to improve the standard of its business practices. Are you a college student? / L Brands achieved LEED Silver EB certification in the Bath & Body Works home office and distribution center. The popular Angel Sleep Tee is a full line of cotton t-shirts with cute sayings and pastel color patterns that can be matched with sleeping shorts or yoga pants. Keep an eye out for similar savings like this Victoria's Secret coupon code in the future right here. For example, the document requires suppliers to keep an inventory of chemicals used, to treat wastewater prior to discharge and to possess required permits. L Brands reports that it works with suppliers to not knowingly source fabrics from ancient and endangered forests or fabrics that contribute to deforestation or human rights abuses, and to source cellulosic fibers produced from certified forestry operations. [ILO Conventions 138 and 182], Workers must be selected only on the basis of their ability to do the job. Employers must not discriminate in employment, including hiring, compensation, advancement, termination, or discipline, on the basis of sex, gender identity, race, religion or belief, age, disability, illness, sexual orientation, pregnancy, marital status, civil partnership, nationality, political opinion, social or ethnic origin, or other protected status. 0000006714 00000 n Our Associate Code of Conduct outlines our standards and expectations and also addresses the consequences of noncompliance. / L Brands is piloting a training project with the Pacific Links Foundation called FACT (Factory Awareness to Counter Trafficking). As such, Suppliers are expected not to: (a) offer State personnel gifts or benefits, either directly or indirectly, and offers of hospitality will be limited to token offers of basic courtesy (such as tea and coffee during a meeting); or. We should use the Code of Conduct to guide us in making the right decisions. Well Pink savings is here to save the day. Suppliers are encouraged to raise any concerns, discuss and seek clarification accordingly to any elements of the Code with the relevant department or agency CPO or if there is no such appointed person then the State manager under their contract or the primary State contact in relation to the goods or services or the construction works and services, they are providing. (b) provide workers with job-related training and consult with employees in relation to the provision of information and training. (a) identify and assess potential critical incident, emergency situations and business continuity risks; and. Growth: Address future growth, how you will grow your product/service and how it will help Victorias Secret & Co. Benefits for Victorias Secret & Co.: How Victorias Secret & Co. can gain market share with your product/service and control costs and/or maximize sales, the advantages and benefits of using your service rather than a competitors similar service. 0000002604 00000 n Victoria's Secret - research - ethics, sustainability - ethicaloo To date, more than 90 percent of suppliers chemical formulations are certified with ZDHC MRSL conformance level 1 or above. We adhere to all relevant laws and regulations where our products are manufactured and sold, including the requirements of the European Chemicals Agency (ECHA) such as Registration, Evaluation, Authorization and Restriction of Chemicals (REACH). The Supplier Code of Conduct is based on core ILO Conventions, the Universal . Since 1997, L Brands and its employees have contributed more than $110 million to the United Way of Central Ohio. However, if a cultural norm appears to violate our values or if you are unsure about the right course of action in a specific situation, contact your manager, Human Resources partner, or Ethics & Compliance. Suppliers must comply with all applicable anti-corruption and anti-bribery laws, rules and regulations. All use of temporary and outsourced labour should be within the limits of the law. / The brand has a policy that prohibits the use of unauthorized subcontracting in its supply chain. Suppliers are expected not to bully workers or threaten workers with, or subject them to, unlawful or inhumane treatment. PINK, the Victorias Secret signature line, includes clothing and fragrances. The Supplier Code of Conduct outlines the ethical standards that suppliers aspire to meet when doing business with us. Register an email address with the card to get notice of sales, promotions, and coupons. [ILO Conventions 87, 98, 135, and 154], Employers must compensate workers with at least the minimum wage prescribed by local law, the prevailing industry wage or the wage negotiated in a collective bargaining agreement, whichever is higher. MAS Holdings is known for their women empowerment efforts in Sri Lanka. / L Brands has adopted the Zero Discharge of Hazardous Chemicals Manufacturing Restricted Substances List and the Oeko-Tex 100 Standard harmful substances value limits as the brands Restricted Substances List. For us, DEI is everything. The Victorian Government (State) is committed to ethical, sustainable and socially responsible procurement and we expect the same high standards of our Suppliers. All Rights Reserved, Do Not Sell or Share My Personal Information. The scorecard is reviewed with suppliers as needed when issues arise. Workers must be given at least one day off in seven. / The brand does not publicly disclose its supplier names and addresses. / The brand works with suppliers to meet the Forest Stewardship Council (FSC) standards. If you dont spend that minimum, only pay an extra $8. As part of our commitment, we are partnering with the Fifteen Percent Pledge to create a welcoming and sustainable environment for Black brands to do business. 0000002904 00000 n Suppliers should develop and maintain a process to identify, manage and control relevant risks associated with its operations. You'll get the best offers on the best intimates in your inbox. Passion leads to success. We also have a supplier scorecard that incentivizes strong labor and workplace standards as well as other criteria. While other corporations and government entities require formal certification, it's just a preference for VS &Co. Victoriassecret.com promo codes can help you save money on many high-quality items that the store has for sale. By Supplier, the State means any entity that supplies goods or services, including construction works and services, to the State. Further, we require our lingerie and apparel suppliers to adhere to several rigorous policies and standards governing chemical management, including a ZDHC Manufacturing Restricted Substance List (MRSL), which is a list of chemical substances, including detergents, dyes and finishing agents, banned from use in textile operations. We actively verify MRSL conformance of the chemicals from wet-processing suppliers (e.g., dyeing mills and laundries) who produce more than 90 percent of our materials (based on material value). Disclosure of information is expected to be undertaken without falsification or misrepresentation. / In 2014, L Brands reported $11.454 billion in revenue. Suppliers who have more than 20 years of history with us and have solid compliance performance receive a higher percentage of our order volume. Where the Code refers to workers, it includes employees, contractors, agency and temporary staff of the Supplier and its related entities. Victoria?s Secret does not offer free shipping. Check often for other Victorias Secret free shipping codes that dont require you to spend over $50. Responsible Purchasing Practices | Victoria's Secret & Co. THE CONS: In December of 2011, Bloomberg Media reporter Cam Simpson published an investigative piece that accused Victorias Secret of using child labor in making its Fairtrade line of undergarments. To support our responsible sourcing efforts, we established a Foreign Migrant Worker Policy to ensure that we mitigate the risk of human trafficking or forced labor within our supply chain. Suppliers are expected to freely allow workers to associate with others, form and join (or refrain from joining) industrial organisations or associations of their choice and bargain collectively, or engage in any lawful industrial activity without interference, discrimination, retaliation or harassment. Everything we do must begin and end with an insatiable drive to anticipate and fulfill our customers desires. (c) maintaining policies and practices that reduce the risk of pollution, loss of biodiversity, deforestation, damage to ecosystems and greenhouse gas emissions. It is important that you demonstrate an understanding of how your product/service fits into the strategy for Victorias Secret & Co. and you understand Victorias Secret & Co. vision, values and goals. VS&Co is fully committed to ensuring our products are ethically sourced. Our Code is based on our values and sets forth our standards and expectations and points you to the Victorias Secret & Co. associates who are available to help you. Do your research. 2023 Victoria's Secret & Co. Company. [ILO Conventions 1, 95 and 131], Overtime must be limited to a level consistent with humane and productive working conditions. For questions on our training programs, contact VSComplianceandEthicsTraining@victoria.com. Worker health, safety and well-being is important to the State. Associates who influence decisions in VC&O's supply chain received a course called "Modern Slavery Awarness to ensure they are aware of the risks of modern slavery in our supply chain, can recognize the warning signs and know what tools are available to report any concerns of forced labor or human trafficking in the supply chain. We should use the Code of Conduct to guide us in making the right decisions. The appropriate handling of offers of gifts, benefits and hospitality is critical to earning and sustaining public trust. [ILO Conventions 29 and 105], All workers shall be at least the local minimum legal working age or ILO standard, whichever is higher. We require our wet-processing suppliers to have their wastewater tested annually by a ZDHC-approved third-party lab. Supplier Diversity | Victoria's Secret & Co. Characteristics of the best suppliers: Not risky, cost competitive, innovative, bring solutions, ease of process, best value, no drama, good outcomes, they listen and align with us, expectation of scale/scope/reach, few concessions, proactive. Since then, it has expanded to selling more than just lingerie. 0000016543 00000 n Looking sexy at an affordable price is quite simple when you sign up for the email newsletter. In recognition that Black people in the U.S. make up nearly 15% of the population, the Fifteen Percent Pledge is calling on major retailers and corporations to commit a minimum of 15% of their annual purchasing power to Black-owned businesses, in addition to other internal and external efforts to support closing the racial wealth gap. Building and nurturing a strong commitment to our suppliers has always been important to Victorias Secret & Co. As a part of L Brands, we launched our supplier diversity initiative guided by our values -- and as VS&Co spun off as a standalone company in 2021, we re-committed to this work as part of our Diversity, Equity and Inclusion strategy. Fairtrade International refuted the claims and issued a response statement. Victorias Secret is one of the most popular places to go for womens lingerie, panties, bras, and bathing suits. Partnering with women-, BIPOC-, LGBTQIA+-, Veteran- and People with Disabilitiesowned businesses is important to our success and to our role as a leader in the retail industry. Workers shall not work more than 48 regular hours (or lower if required by local laws or local industry standards) and shall not exceed 60 hours a week on a regularly scheduled basis. VS&Co realizes that responsible business practices start with partnering with suppliers and factories that have an excellent compliance track record and share our core values. In 2022, we collected more than 90 percent of our wet-processing suppliers wastewater testing data and worked with them to eliminate hazardous chemicals from their discharge. VS&Cos chemical management program, established 10 years ago, has two key goals: ensuring our products are safe and minimizing the environmental impact of manufacturing. Suppliers are therefore expected to: (a) use all reasonable endeavours to ensure that the third-party recruitment agencies it uses are compliant with the provisions of this Code and applicable law; and. Our Commitment. We then require them to have their wastewater retested to verify the restricted chemical is no longer present.Public Disclosure. Administering Our Code | Victoria's Secret & Co. trailer <<0785AFECB5F449039A5C1CAA71A460A5>]/Prev 817294/XRefStm 2348>> startxref 0 %%EOF 5063 0 obj <>stream (b) take any action in order to entice or obtain any unfair or improper advantage. Don't have as much left to spend on clothes after all the books and supplies? Check here for a free gift Victoria's Secret coupon. 0000013674 00000 n The mutually beneficial business will broaden the economic vitality and prosperity of the communities we serve, create value for our shareholders and provide fresh perspective and innovative solutions to our business. / The brand has a publicly available Supplier Code of Conduct. Employers shall compensate all overtime work at a premium rate and provide benefits as stipulated by local laws. Under the VPS Codes, public sector employees are expected to avoid actual, perceived and potential conflicts of interest wherever possible. (c) in relation to allegations of suspected corruption involving Suppliers or State personnel, to the Independent Broad-based Anti-corruption CommissionExternal Link . / L Brands states that it requires suppliers pay workers the minimum wage prescribed by local law or the prevailing local industry wage, whichever is higher. conflict of interest, gifts, benefits and hospitality. Suppliers are expected to manage the environmental impact of their operations by: (a) ensuring the safe storage, transportation and disposal of hazardous substances including hazardous waste; (b) maintaining policies and practices for the efficient use of energy, water and natural resource consumption; and.
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