STOCK TITAN

Victoria Secret's Partnership With the Pacific Links Foundation in Vietnam Has Transformed Thousands of Lives With Its Scholarship Program for At-Risk Young Women

(Neutral)
(Neutral)
Tags
partnership

Victoria's Secret (VSCO) highlights its 17-year partnership with the Pacific Links Foundation (PAL) in Vietnam, focusing on preventing human trafficking through education and economic empowerment. The company has funded over 3,100 scholarships, 1,500 career orientation summer camps, and provided 600 bicycles for girls' school commuting in rural Vietnam. The initiative aims to mitigate gender-based violence and harassment through supply chain training and monitoring, while engaging with local community partners. The program has been particularly impactful in rural Vietnam, where education costs often present significant barriers to families, potentially leading to poverty cycles.

Loading...
Loading translation...

Positive

  • Long-term commitment to ESG initiatives demonstrated through 17-year partnership
  • Significant scale of educational support with 3,100+ scholarships provided
  • Comprehensive approach combining education, career development, and practical support

Negative

  • None.

News Market Reaction – VSCO

+4.10%
+4.10% Session move

In the trading session that priced this news, VSCO gained 4.10%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

NORTHAMPTON, MA / ACCESSWIRE / December 13, 2024 / Victoria's Secret

VS&Co has been a long-time partner of the Pacific Links Foundation (PAL), an organization that seeks to prevent trafficking by empowering Vietnam's most vulnerable populations with economic opportunities by investing in and educating at-risk youth and helping survivors to build new lives.

We know the supply chain work we do also affects the communities where we operate. As a result, we are committed to advancing human rights by:

• Mitigating the risk of gender-based violence and harassment through training and monitoring in our supply chain.

• Identifying and engaging with local community partners working to address the prevalence of gender-based violence and harassment.

• Continuing to support organizations battling human trafficking, like Pacific Links.

VS&Co has worked with PAL for 17 years funding 3,100+ scholarships, 1,500+ career orientation summer camps and 600 bicycles for girls to commute to school in Vietnam, where paying for education in rural areas is a challenge for most families and often leads to a life of poverty.

We are sharing an inspirational story about Kim Nho Nguyen, a student and grateful recipient of a PAL/VS&Co scholarship. Her story is one of perseverance and courage as her life was completely transformed by an education. Go to page 9 of our Women's Impact Report to read a letter from Kim about her challenges, journey and landing somewhere she never imagined. Go here to learn more about how the Pacific Links Foundation is changing lives.

Kim holding her baby brother with her father.

View additional multimedia and more ESG storytelling from Victoria's Secret on 3blmedia.com.

Contact Info:
Spokesperson: Victoria's Secret
Website: https://www.3blmedia.com/profiles/victorias-secret
Email: info@3blmedia.com

SOURCE: Victoria's Secret



View the original press release on accesswire.com

FAQ

How many career orientation summer camps has VSCO supported in Vietnam?

Victoria's Secret has supported over 1,500 career orientation summer camps in Vietnam through the Pacific Links Foundation partnership.

What practical support does VSCO provide for Vietnamese students' education?

Victoria's Secret has provided 600 bicycles to help girls commute to school in rural Vietnam, where education costs are a significant challenge for families.

How does VSCO address gender-based violence in its supply chain?

VSCO addresses gender-based violence through training and monitoring in their supply chain, while engaging with local community partners to combat these issues.