L Brands

OVERALL
Owned	USA
Rating

Clothing

Founded in 1963 by its chairman Leslie Wexner. Parent company of Victoria's Secret. Formerly known as Limited Brands.


L Brands Inc	USA	website			twitter

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L Brands Inc

Microbeads scorecard

In 2016 Greenpeace East Asia ranked the world's 30 biggest personal care companies on their commitment to eliminating microbeads from their personal care products. The scorecard was based on four main criteria: commitment & transparency, definition, deadline and global application. This company ranked joint first. Microbeads are not retained by wastewater treatment and end up in the ocean where they are a threat to the marine environment.
[Source 2016][More on Oceans]

B grade in 2019 Ethical Fashion Report

B grade in the Baptist World Aid Australia's 'Ethical Fashion Report 2019', which grades companies, from A to F, on the strength of their systems to mitigate against the risks of forced labour, child labour and worker exploitation in their supply chains, as well as protect the environment from the harmful impacts of the fashion industry. Assessment criteria fall into five main categories: policies, transparency and traceability, auditing and supplier relationships, worker empowerment and environmental management.
[Source 2019][More on Workers Rights]

52/100 in KnowTheChain Benchmark

In 2018 KnowTheChain benchmarked 120 large global companies in the ICT, Food & Beverage, and Apparel & Footwear sectors on their efforts to address forced labour and human trafficking in their supply chains. This company received a score of 52/100.
[Source 2018][More on Workers Rights]

100% on Corporate Equality Index

This company is listed as having best practice on a report card on lesbian, gay, bisexual and transgender equality in corporate America.
[Source 2019][More on Workers Rights]

Cotton sourcing (As You Sow)

Responsible Sourcing Network's 2014 report Cotton Sourcing Snapshot: A Survey of Corporate Practices to End Forced Labor includes survey results and ratings of 49 companies reflecting actions they are taking to stop cotton from Uzbekistan picked with forced labor from entering their supply chains. The survey offered a maximum of 100 points across 11 indicators in the categories of Policy, Public Disclosure, Engagement, and Implementation & Auditing. Only five companies scored over 50 points, 19 companies scored under 25 points, and two companies scored zero. Although this company scored under 50 points, it was given a special mention in the report for its efforts to address the issue of Uzbek cotton.
[Source 2014][More on Human Rights]

Cotton sourcing (Rank a Brand)

In 2016 Rank a Brand assessed 37 major cotton-using companies on their commitment and performance with regard to sustainable cotton by looking at each company's cotton sourcing policies, use of sustainable cotton, and traceability. This company scored 0.5/19.5, making it one of the weakest performing companies.
[Source 2016][More on Human Rights]

Human Rights Benchmark

The 2019 Corporate Human Rights Benchmark assessed 200 of the largest publicly traded companies in the world from the Agricultural Products, Apparel, Extractives and ICT Manufacturing sectors on 100 human rights indicators. This company's score was in the 10-20 band range. The overall average score was a disappointing 24%.
[Source 2019][More on Human Rights]

16.5% in Newsweek Green Ranking 2017

This company received a score of 16.5/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2017][More on Sustainability Reporting]

Irresponsible fabric sourcing

In 2015 the Rainforest Action Network (RAN) released a report documenting the results of decades of irresponsible fabric sourcing including land grabbing, forest destruction and human rights abuse to forest-dependent communities caused by deforestation from tree-based fabric production companies. This company was one of the "Fashion Fifteen" implicated in the report for irresponsibly sourcing tree-based fabrics such as rayon and viscose.
[Source 2015][More on Forests]

46.6% in conflict minerals rankings

As You Sow's 2019 report, Mining the Disclosures, is a deep analysis of 215 companies' human rights performance in relation to sourcing conflict minerals from the Democratic Republic of the Congo (DRC). This company's score was 46.6% (Minimal).
[Source 2019][More on Human Rights]

23/100 S&P Global ESG Score

This company received an S&P Global ESG Score of 23/100 in the Retailing category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
[Source 2019][More on Sustainability Reporting]

Detox greenwasher

Greenpeace launched its "Detox My Fashion" campaign in 2011 to expose the direct links between global clothing brands, their suppliers and toxic water pollution around the world. As a result, many companies, including this one, committed to Greenpeace's Detox Program. The 2016 Detox Catwalk report focused on implementation, assessing the steps taken by fashion brands to fulfil their commitments using three criteria: Detox 2020 plan, PFC elimination and Transparency. This company "originally made a Detox commitment but is currently heading in the wrong direction, failing to take individual responsibility for its supply chain's hazardous chemical pollution."
[Source 2016][More on Habitats]

Let's Clean Up Fashion Grade (0/5)

This 2011 report by the Clean Clothes Campaign grades companies on their efforts to ensure workers in its supply chain receive a living wage. It states "This company has a sourcing and labour standards policy which it displays on its website, but it is not developed enough to have considered living wages." [Listed under Information due to age of report]
[Source 2011][More on Workers Rights]

Excessive CEO pay

As You Sow's 2017 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, Leslie H. Wexner came in at number 27 on the list, having been paid US$27,168,100 in 2015. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
[Source 2017][More on Finance]

Zero discharge of hazardous chemicals

In 2011, a group of major apparel and footwear brands and retailers, including this company, made a shared commitment to help lead the industry towards zero discharge of hazardous chemicals by 2020. It includes specific commitments and timelines to realize this shared goal.
[Source 2019][More on Habitats]

Fur free

This company has announced that they don't sell animal fur or are phasing in a fur-free policy.
[Source 2019][More on Animal Rights]

L Brands Foundation

Since its inception in 1993, the L Brands Foundation has contributed more than $160 million to support non-profit organizations, and is committed to supporting community programs that focus on empowering women, nurturing and mentoring children and improving education.
[Source 2012][More on Finance]

Corporate responsibility claims

This company has an extensive corporate responsibility section on its website.
[Source 2012][More on Sustainability Reporting]

Responsible Minerals Initiative member

This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
[Source 2019][More on Multi-Stakeholder Initiatives]

CDP Climate Change Score of C

In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of C.
[Source 2019][More on Climate Change]

Modern Slavery statement

California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
[Source 2017][More on Human Rights]

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Company Details

Company Structure	Public company
Revenue	US$10.8 billion in 2014
# Employees	94,600 in 2014
Subsidiaries	Victoria's Secret

Contact Details

Address	Columbus, Ohio, USA
Website	www.lb.com

Products / Brands

Victoria's Secret

PINK Intimate Apparel
Victoria's Secret Intimate Apparel

L Brands

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