L Brands

Three Limited Parkway, Columbus, OH 43230

2.5

BPI
Financial Rating

3.8

BPI Stakeholder Rating

3

BPI Social Responsibility Rating

On August 2, 2021, L Brands (NYSE: LB) completed the separation of the Victoria’s Secret business into an independent, public company through a tax-free spin-off to L Brands shareholders. The new company, named Victoria’s Secret & Co., includes Victoria’s Secret Lingerie, PINK and Victoria’s Secret Beauty. Victoria’s Secret & Co. is a NYSE listed company trading under the ticker symbol VSCO. In conjunction with this announcement, L Brands changed its name to Bath & Body Works, Inc. and now trades under the ticker symbol BBWI. For more information on Bath & Body Works, Inc. or Victoria’s Secret & Co., please visit the corporate websites.

3.1

Overall Excellence Rating

Industry

Wholesale

Category

Department, Clothing & Shoe Stores

ESG/Ethical Impact

L Brands’ commitment to ESG sustainability encompasses a wide range of initiatives, spanning environmental responsibility, ethical supply chain practices, diversity and inclusion, employee well-being, community engagement, and transparent corporate governance. These efforts collectively contribute to L Brands’ goal of making a positive impact on the environment, society, and corporate governance practices while offering quality products and experiences to its customers. L Brands is actively reducing its environmental footprint by implementing energy-efficient lighting, heating, and cooling systems in stores and distribution centers, as well as pursuing renewable energy sources to minimize greenhouse gas emissions. L Brands focuses on waste reduction by minimizing packaging materials, implementing recycling programs, and exploring circular economy practices, aiming to divert waste from landfills. L Brands strives to enhance the customer experience by offering transparency in pricing, promoting body positivity and self-confidence, and fostering a strong brand connection with its customers.

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Awards Received

2023

Revenues

$12,600,000,000.00

Website Traffic

Employee Rating

3.8

Customer Rating

3.7

Company Size

10000+

ESG Risk Rating

3

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