Report features company’s new near- and longer-term ESG commitments and 2022 baseline ESG data
Published 04-06-23
Submitted by Bath & Body Works
COLUMBUS, Ohio, April 6, 2023 /CSRwire/ - Bath & Body Works, Inc. (NYSE: BBWI), a leader in personal care and home fragrance, today released its first environmental, social and governance (ESG) annual report, detailing the company’s commitments and approach to work toward a more resilient and responsible future.
“Bath & Body Works is making great strides on our ESG journey, and our inaugural ESG report and commitment to meaningful ESG targets is an important step forward,” said CEO Gina Boswell. “We recognize the importance of leading with transparency and supporting the well-being of our people, communities and planet. We look forward to reporting our progress as we integrate our sustainability strategy into our work to deliver long-term value and responsible growth.”
“This first ESG report formalizes our ESG commitments as part of our existing values, ethics and business practices,” said Jeff King, Vice President of ESG. “Within this report, we include our 2022 baseline data that we will use to demonstrate our progress in years to come. We look forward to working with our associates, customers, vendor partners and other third parties to make progress year-over-year and a meaningful difference for a brighter tomorrow.”
The company is outlining its approach to working toward its new near- and longer-term ESG commitments, focused on Engaged People, Thoughtful Products and Brighter Places. The development of the company’s ESG focus, strategy and commitments follows an extensive ESG prioritization assessment, which included research and engagement with key stakeholders including associates across business segments, customers, suppliers, investors and nonprofits, to identify the company’s six areas of focus:
Today, the company is taking near-term actions to work towards making a difference and building on its strong foundation by 2025, including:
As part of its 2030 goals, the company is taking longer-term actions to work toward creating a meaningful impact for a brighter future, including:
The complete report is available on the company’s website at bbwinc.com/about-us/esg/esg-report.
ABOUT BATH & BODY WORKS:
Home of America’s Favorite Fragrances®, Bath & Body Works is a global leader in personal care and home fragrance, including top-selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Powered by agility and innovation, the company’s predominantly U.S.-based supply chain enables the company to deliver quality, on-trend luxuries at affordable prices. Bath & Body Works serves and delights customers however and wherever they want to shop, from welcoming, in-store experiences at more than 1,800 company-operated Bath & Body Works locations in the U.S. and Canada and more than 425 international franchised locations to an online storefront at bathandbodyworks.com.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
We caution that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this press release or made by our company or our management involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “planned,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, in some cases have affected and in the future could affect our financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this press release or otherwise made by our company or our management:
We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. Additional information regarding these and other factors can be found in “Item 1A. Risk Factors” in our 2022 Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, and our subsequent filings.
For further information, please contact:
Bath & Body Works, Inc.:
Media Relations
Communications@bbw.com
Investor Relations
InvestorRelations@bbw.com
Home of America’s Favorite Fragrances®, Bath & Body Works is a global leader in personal care and home fragrance, including the top-selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Powered by agility and innovation, the company’s predominantly U.S.-based supply chain enables the company to deliver quality, on-trend luxuries at affordable prices. Bath & Body Works serves and delights customers however and wherever they want to shop, from welcoming, in-store experiences at more than 1,800 company-operated Bath & Body Works locations in the U.S. and Canada and more than 425 international franchised locations to an online storefront at www.BathandBodyWorks.com.
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