COLUMBUS, Ohio (AP) -- What started with an environmentalist
newspaper ad featuring a woman in lingerie holding a chain saw has
turned into a commitment from Victoria's Secret's parent company to
reduce the amount of paper it uses in its millions of catalogs and
take other steps to preserve forests.SAVE MONEY ON TRAVEL DEALS
Limited Brands Inc. Wednesday said it plans to partner with
its paper supplier to stop using pulp from the boreal forest in the
Rocky Mountain foothills in Alberta, Canada, and the temperate
rainforest in British Columbia, Canada. It also promised to use 10
percent recycled or forest-friendly paper in its catalogs next year
and spend $1 million on research and forest advocacy.
"The really nice thing about this is there's a lot of
language in their policy around continuous improvement", said Todd
Paglia, executive director of ForestEthics, the environmental group
that launched the "Victoria's Dirty Secret" campaign against what it
considered one of the worst offenders in the catalog industry about
two years ago.
Limited Brands has agreed to have an accounting firm certify
its progress toward its environmental goals, Paglia said.
"That kind of transparency is a rare thing and it's a really
important move forward", he said.
In addition to the ads in The New York Times, ForestEthics'
campaign included hundreds of demonstrations and protests at
Victoria's Secret stores and events. The group said it wanted to
make customers aware of the amount of paper the company used and
where it came from.
"When you think of Victoria's Secret, you don't think of
forests, but they send out a tremendous number of catalogs", Paglia
said.
Columbus-based Limited Brands, which mails more than 350
million catalogs a year, already has agreed to make changes in its
clearance catalogs, which now use 80 percent recycled content. Its
regular catalogs will shift to content that is 10 percent recycled
or 10 percent approved by the Forest Stewardship Council, which
certifies that forest products are harvested in accordance with
environmental policies.
Tom Katzenmeyer, Limited Brands' senior vice president for
investor, media and community relations, said in a conference call
Wednesday that the new paper policy better matches the company's
values.
"In terms of us being a leader in the catalog and retail
industry, I think will help lead others to the same conclusions", he
said.
He said he doesn't expect the change to affect the catalogs'
quality or the company's costs.
ForestEthics' campaign didn't hurt business for Limited
Brands, which reported a profit of $23.5 million for the quarter
ended Oct. 28, powered by big sales increases at Victoria's Secret
and Bath & Body Works. But the group points out that it wasn't a
boycott campaign.
"They had to do what they had to do to get our attention",
said Katzenmeyer, who said the company was quick to partner with the
group.
Paglia said his organization plans to turn its attention to
other catalog-heavy companies after also seeing recent agreements
from Dell Inc. and Williams-Sonoma Inc. to use more recycled content
in their catalogs.
ForestEthics' method is to work within the marketplace to
influence companies, rather than try a legislative or regulatory
approach, Paglia said.
Limited Brands operates 3,545 stores under the names of
Victoria's Secret, Bath & Body Works, C.O. Bigelow, Express, Limited
Stores, White Barn Candle Co., Henri Bendel and Diva London.
Its stock fell 17 cents to $31.22 in trading Wednesday on
the New York Stock Exchange. It has traded between $21.62 and $32.60
in the past year.
On the Net:
Limited Brands: http://www.limitedbrands.com
Victoria's Secret: http://www.victoriassecret.com
ForestEthics: http://www.forestethics.org